iShares US Insurance ETF
IAK
100 hedge funds and large institutions have $327M invested in iShares US Insurance ETF in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 9 closing their positions.
222% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 9
37% more capital invested
Capital invested by funds: $238M → $327M (+$88.7M)
23% more funds holding
Funds holding: 81 → 100 (+19)
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
6.55% more ownership
Funds ownership: 70.32% → 76.87% (+6.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.07M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.75M |
| 4 |
LDB
Lee, Danner & Bass
Nashville,
Tennessee
|
+$3.56M |
| 5 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$3.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.97M |
| 2 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
-$4.49M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.91M |
| 4 |
TFA
Teamwork Financial Advisors
San Antonio,
Texas
|
-$1.86M |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$1.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCA
101
Heck Capital Advisors
Rhinelander,
Wisconsin
| – | -$4.49M | -48,978 | Closed |
|
|
AWM
102
AE Wealth Management
Topeka,
Kansas
| – | -$1.91M | -20,820 | Closed |
|
|
TFA
103
Teamwork Financial Advisors
San Antonio,
Texas
| – | -$1.86M | -20,338 | Closed |
|
|
WCM
104
WealthBridge Capital Management
Westerville,
Ohio
| – | -$371K | -4,052 | Closed |
|
|
IFG
105
Independent Financial Group
San Diego,
California
| – | -$263K | -2,870 | Closed |
|
|
RIA
106
Realta Investment Advisors
Wilmington,
Delaware
| – | -$29.9K | -340 | Closed |
|
|
FIA
107
FNY Investment Advisers
New York
| – | -$9K | -100 | Closed |
|
108
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$6.42K | -70 | Closed |
|
|
CFGS
109
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.41K | -25 | Closed |
|
IAK Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q4 2023, worth a combined $327M — up 37% from $238M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new IAK positions and 9 closed out — a net gain of 20 holders — while 33 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.9M. The largest seller was Osaic Holdings, cutting an estimated $4.97M.
- 100 institutional investors held iShares US Insurance ETF (IAK) as of Q4 2023, up from 81 in Q3 2023.
- Funds reported $327M of iShares US Insurance ETF stock for Q4 2023, up 37% quarter-over-quarter.
- 29 funds opened new iShares US Insurance ETF positions in Q4 2023 and 9 closed out, a net change of +20 holders.
- The largest iShares US Insurance ETF buyer in Q4 2023 was Morgan Stanley, an estimated $36.9M added.
- The largest iShares US Insurance ETF seller in Q4 2023 was Osaic Holdings, an estimated $4.97M sold.
Based on aggregated 13F filings for Q4 2023.