iShares US Broker-Dealers & Securities Exchanges ETF
83 hedge funds and large institutions have $283M invested in iShares US Broker-Dealers & Securities Exchanges ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 31 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
1% less funds holding
Funds holding: 84 → 83 (-1)
9.68% less ownership
Funds ownership: 85.06% → 75.38% (-9.7%)
21% less capital invested
Capital invested by funds: $359M → $283M (-$76.4M)
48% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 31
87% less call options, than puts
Call options by funds: $46K | Put options by funds: $364K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$10.3M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$3.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.42M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$48.5M |
| 2 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$16.8M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$7.83M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$6.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.61M |
IAI Hedge Fund Activity: Q3 2023 in Review
83 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares US Broker-Dealers & Securities Exchanges ETF (IAI) for Q3 2023, worth a combined $283M — down 21% from $359M a quarter earlier.
Fund positioning in IAI was balanced in Q3 2023: 10 funds opened new positions, 10 closed out, 16 added to existing stakes and 31 trimmed.
The largest buyer was Gradient Investments, adding an estimated $10.3M. The largest seller was Morgan Stanley, cutting an estimated $48.5M.
- 83 institutional investors held iShares US Broker-Dealers & Securities Exchanges ETF (IAI) as of Q3 2023, down from 84 in Q2 2023.
- Funds reported $283M of iShares US Broker-Dealers & Securities Exchanges ETF stock for Q3 2023, down 21% quarter-over-quarter.
- 10 funds opened new iShares US Broker-Dealers & Securities Exchanges ETF positions in Q3 2023 and 10 closed out, a net change of 0 holders.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF buyer in Q3 2023 was Gradient Investments, an estimated $10.3M added.
- The largest iShares US Broker-Dealers & Securities Exchanges ETF seller in Q3 2023 was Morgan Stanley, an estimated $48.5M sold.
Based on aggregated 13F filings for Q3 2023.