iShares US Insurance ETF
IAK
36 hedge funds and large institutions have $46.8M invested in iShares US Insurance ETF in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 8 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
12% more capital invested
Capital invested by funds: $41.9M → $46.8M (+$4.9M)
0.74% more ownership
Funds ownership: 34.5% → 35.24% (+0.74%)
8% less funds holding
Funds holding: 39 → 36 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.43M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.34M |
| 4 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
+$1.21M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.99M |
| 2 |
HF
HRT Financial
New York
|
-$1.59M |
| 3 |
CS
Cannell & Spears
New York
|
-$1.46M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.34M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$700K |
IAK Hedge Fund Activity: Q4 2015 in Review
36 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q4 2015, worth a combined $46.8M — up 12% from $41.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IAK and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $2.43M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.99M sold.
- 36 institutional investors held iShares US Insurance ETF (IAK) as of Q4 2015, down from 39 in Q3 2015.
- Funds reported $46.8M of iShares US Insurance ETF stock for Q4 2015, up 12% quarter-over-quarter.
- 5 funds opened new iShares US Insurance ETF positions in Q4 2015 and 8 closed out, a net change of -3 holders.
- The largest iShares US Insurance ETF buyer in Q4 2015 was Morgan Stanley, an estimated $2.43M added.
- The largest iShares US Insurance ETF seller in Q4 2015 was Susquehanna International Group, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2015.