iShares US Insurance ETF
IAK
96 hedge funds and large institutions have $389M invested in iShares US Insurance ETF in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 42 increasing their positions, 18 reducing their positions, and 7 closing their positions.
329% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 7
133% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 18
77% more capital invested
Capital invested by funds: $219M → $389M (+$169M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more funds holding
Funds holding: 76 → 96 (+20)
2.01% less ownership
Funds ownership: 71.18% → 69.16% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$46M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$21.8M |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$21.1M |
| 4 |
Morgan Stanley
New York
|
+$7.95M |
| 5 |
LPL Financial
San Diego,
California
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.17M |
| 2 |
IIA
Integral Investment Advisors
Turlock,
California
|
-$2.05M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.39M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.12M |
IAK Hedge Fund Activity: Q4 2022 in Review
96 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q4 2022, worth a combined $389M — up 77% from $219M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IAK positions and 7 closed out — a net gain of 23 holders — while 42 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $46M. The largest seller was Royal Bank of Canada, cutting an estimated $2.17M.
- 96 institutional investors held iShares US Insurance ETF (IAK) as of Q4 2022, up from 76 in Q3 2022.
- Funds reported $389M of iShares US Insurance ETF stock for Q4 2022, up 77% quarter-over-quarter.
- 30 funds opened new iShares US Insurance ETF positions in Q4 2022 and 7 closed out, a net change of +23 holders.
- The largest iShares US Insurance ETF buyer in Q4 2022 was Bank of America, an estimated $46M added.
- The largest iShares US Insurance ETF seller in Q4 2022 was Royal Bank of Canada, an estimated $2.17M sold.
Based on aggregated 13F filings for Q4 2022.