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iShares US Insurance ETF

27 hedge funds and large institutions have $43.5M invested in iShares US Insurance ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 5

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

17% more funds holding

Funds holding: 2327 (+4)

10% more capital invested

Capital invested by funds: $39.4M → $43.5M (+$4.11M)

3.95% less ownership

Funds ownership: 33.32%29.37% (-4%)

Holders
27
Holders Change
+4
Holders Change %
+17.39%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.54M -$1.31M -30,682 -12%
BCI
2
Brinker Capital Investments
Pennsylvania
$7.55M
Bank of America
3
Bank of America
North Carolina
$5.54M +$432K +10,121 +9%
Wells Fargo
4
Wells Fargo
California
$4.38M +$349K +8,189 +9%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$3.33M +$2.05M +48,054 +163%
HBT
6
Hills Bank & Trust
Iowa
$2.7M -$22.6K -530 -0.8%
JCM
7
Janney Capital Management
Pennsylvania
$2.6M -$111K -2,599 -4%
MCM
8
Murphy Capital Management
New Jersey
$1.53M +$130K +3,035 +9%
U
9
UBS
Switzerland
$807K +$110K +2,567 +16%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$737K -$21.5K -503 -3%
TH
11
Timber Hill
Connecticut
$558K +$555K +13,012 New
FAAS
12
First Allied Advisory Services
California
$530K +$525K +12,299 New
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$486K +$33.3K +780 +7%
SG Americas Securities
14
SG Americas Securities
New York
$434K +$303K +7,100 +236%
LPL Financial
15
LPL Financial
California
$386K +$40.7K +954 +12%
SNC
16
Stifel Nicolaus & Co
Missouri
$369K +$367K +8,601 New
Jane Street
17
Jane Street
New York
$357K +$355K +8,324 New
VKH
18
Virtu KCG Holdings
New York
$344K +$342K +8,012 New
Deutsche Bank
19
Deutsche Bank
Germany
$342K +$220K +5,145 +181%
OC
20
Oppenheimer & Co
New York
$293K +$291K +6,821 New
AIG
21
American International Group
New York
$256K +$212K +4,962 +496%
CA
22
Cetera Advisors
Colorado
$254K +$250K +5,867 New
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$73K +$63.8K +1,496 +748%
NES
24
New England Securities
New York
$56K +$27.7K +649 +100%
Citigroup
25
Citigroup
New York
$19K -$2.13M -49,946 -99%

IAK Hedge Fund Activity: Q3 2013 in Review

27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q3 2013, worth a combined $43.5M — up 10% from $39.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new IAK positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 5 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $2.05M. The largest seller was Citigroup, cutting an estimated $2.13M.

  • 27 institutional investors held iShares US Insurance ETF (IAK) as of Q3 2013, up from 23 in Q2 2013.
  • Funds reported $43.5M of iShares US Insurance ETF stock for Q3 2013, up 10% quarter-over-quarter.
  • 7 funds opened new iShares US Insurance ETF positions in Q3 2013 and 3 closed out, a net change of +4 holders.
  • The largest iShares US Insurance ETF buyer in Q3 2013 was Royal Bank of Canada, an estimated $2.05M added.
  • The largest iShares US Insurance ETF seller in Q3 2013 was Citigroup, an estimated $2.13M sold.

Based on aggregated 13F filings for Q3 2013.