iShares US Insurance ETF
IAK
32 hedge funds and large institutions have $56.3M invested in iShares US Insurance ETF in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 5 closing their positions.
1.36% more ownership
Funds ownership: 40.74% → 42.11% (+1.4%)
0% less capital invested
Capital invested by funds: $56.5M → $56.3M (-$198K)
11% less funds holding
Funds holding: 36 → 32 (-4)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.26M |
| 2 |
Jane Street
New York
|
+$3.33M |
| 3 |
SG Americas Securities
New York
|
+$926K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$439K |
| 5 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$403K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
-$2.34M |
| 2 |
MCM
Murphy Capital Management
Bedminster,
New Jersey
|
-$1.56M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$960K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$575K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$298K |
IAK Hedge Fund Activity: Q1 2015 in Review
32 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2015, worth a combined $56.3M — down 0.35% from $56.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IAK and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $4.26M. The largest seller was Karp Capital Management, exiting entirely with an estimated $2.34M sold.
- 32 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2015, down from 36 in Q4 2014.
- Funds reported $56.3M of iShares US Insurance ETF stock for Q1 2015, down 0.35% quarter-over-quarter.
- 3 funds opened new iShares US Insurance ETF positions in Q1 2015 and 5 closed out, a net change of -2 holders.
- The largest iShares US Insurance ETF buyer in Q1 2015 was Royal Bank of Canada, an estimated $4.26M added.
- The largest iShares US Insurance ETF seller in Q1 2015 was Karp Capital Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q1 2015.