iShares US Insurance ETF
IAK
32 hedge funds and large institutions have $53.6M invested in iShares US Insurance ETF in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
25% more capital inflows, than outflows
Capital inflows: $7.23M | Capital outflows: $5.77M
14% more funds holding
Funds holding: 28 → 32 (+4)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.47M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$1.57M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$834K |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$498K |
| 5 |
Oppenheimer & Co
New York
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.63M |
| 2 |
DRW Securities
Chicago,
Illinois
|
-$737K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$708K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$491K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$362K |
IAK Hedge Fund Activity: Q1 2014 in Review
32 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2014, worth a combined $53.6M — down 0.25% from $53.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IAK positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $2.47M. The largest seller was Morgan Stanley, cutting an estimated $2.63M.
- 32 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2014, up from 28 in Q4 2013.
- Funds reported $53.6M of iShares US Insurance ETF stock for Q1 2014, down 0.25% quarter-over-quarter.
- 7 funds opened new iShares US Insurance ETF positions in Q1 2014 and 3 closed out, a net change of +4 holders.
- The largest iShares US Insurance ETF buyer in Q1 2014 was SG Americas Securities, an estimated $2.47M added.
- The largest iShares US Insurance ETF seller in Q1 2014 was Morgan Stanley, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2014.