iShares US Insurance ETF
IAK
40 hedge funds and large institutions have $37.3M invested in iShares US Insurance ETF in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 6 closing their positions.
5% less funds holding
Funds holding: 42 → 40 (-2)
6% less ownership
Funds ownership: 39.06% → 33.07% (-6%)
14% less capital invested
Capital invested by funds: $43.3M → $37.3M (-$6.01M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$584K |
| 3 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$391K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$381K |
| 5 |
Jane Street
New York
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$6.61M |
| 2 |
Morgan Stanley
New York
|
-$1.65M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.34M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$562K |
| 5 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
-$520K |
IAK Hedge Fund Activity: Q3 2018 in Review
40 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q3 2018, worth a combined $37.3M — down 14% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IAK and 4 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Citadel Advisors, adding an estimated $1.73M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $6.61M sold.
- 40 institutional investors held iShares US Insurance ETF (IAK) as of Q3 2018, down from 42 in Q2 2018.
- Funds reported $37.3M of iShares US Insurance ETF stock for Q3 2018, down 14% quarter-over-quarter.
- 4 funds opened new iShares US Insurance ETF positions in Q3 2018 and 6 closed out, a net change of -2 holders.
- The largest iShares US Insurance ETF buyer in Q3 2018 was Citadel Advisors, an estimated $1.73M added.
- The largest iShares US Insurance ETF seller in Q3 2018 was Brinker Capital Investments, an estimated $6.61M sold.
Based on aggregated 13F filings for Q3 2018.