iShares US Insurance ETF
IAK
34 hedge funds and large institutions have $40.3M invested in iShares US Insurance ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
13% more capital invested
Capital invested by funds: $35.7M → $40.3M (+$4.61M)
6% more funds holding
Funds holding: 32 → 34 (+2)
6.12% more ownership
Funds ownership: 35.75% → 41.87% (+6.1%)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
Top Sellers
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$890K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$602K |
| 4 |
LPL Financial
San Diego,
California
|
-$504K |
| 5 |
Jane Street
New York
|
-$407K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $88K | +$89.6K | +1,765 | New |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $64K | +$508 | +10 | +0.8% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $35K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $22K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $14K | +$13.7K | +270 | New |
|
31
US Bancorp
Minneapolis,
Minnesota
| $12K | +$7.31K | +144 | +144% |
|
32
Citigroup
New York
| $10K | -$812 | -16 | -8% |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3K | -$12.6K | -249 | -78% |
|
|
CA
34
Cetera Advisors
Denver,
Colorado
| – | -$272K | -5,468 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$73K | -1,470 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$1K | -19 | Closed |
|
IAK Hedge Fund Activity: Q2 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q2 2016, worth a combined $40.3M — up 13% from $35.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new IAK positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Credit Suisse, adding an estimated $3.73M. The largest seller was Bank of America, cutting an estimated $1.48M.
- 34 institutional investors held iShares US Insurance ETF (IAK) as of Q2 2016, up from 32 in Q1 2016.
- Funds reported $40.3M of iShares US Insurance ETF stock for Q2 2016, up 13% quarter-over-quarter.
- 5 funds opened new iShares US Insurance ETF positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest iShares US Insurance ETF buyer in Q2 2016 was Credit Suisse, an estimated $3.73M added.
- The largest iShares US Insurance ETF seller in Q2 2016 was Bank of America, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2016.