iShares US Insurance ETF
IAK
32 hedge funds and large institutions have $35.7M invested in iShares US Insurance ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 11 closing their positions.
11% less funds holding
Funds holding: 36 → 32 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
74% less capital inflows, than outflows
Capital inflows: $3.46M | Capital outflows: $13.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.31M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$472K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$449K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$448K |
| 5 |
Jane Street
New York
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.77M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.74M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.25M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.21M |
| 5 |
SG Americas Securities
New York
|
-$1.07M |
IAK Hedge Fund Activity: Q1 2016 in Review
32 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2016, worth a combined $35.7M — down 24% from $46.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IAK and 7 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.31M. The largest seller was Morgan Stanley, cutting an estimated $2.77M.
- 32 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $35.7M of iShares US Insurance ETF stock for Q1 2016, down 24% quarter-over-quarter.
- 7 funds opened new iShares US Insurance ETF positions in Q1 2016 and 11 closed out, a net change of -4 holders.
- The largest iShares US Insurance ETF buyer in Q1 2016 was Citadel Advisors, an estimated $1.31M added.
- The largest iShares US Insurance ETF seller in Q1 2016 was Morgan Stanley, an estimated $2.77M sold.
Based on aggregated 13F filings for Q1 2016.