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iShares US Insurance ETF

34 hedge funds and large institutions have $40.3M invested in iShares US Insurance ETF in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

13% more capital invested

Capital invested by funds: $35.7M → $40.3M (+$4.61M)

6% more funds holding

Funds holding: 3234 (+2)

6.12% more ownership

Funds ownership: 35.75%41.87% (+6.1%)

40% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 15

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
15
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
$5.25M +$318K +6,265 +6%
BCI
2
Brinker Capital Investments
Pennsylvania
$4.94M
CS
3
Credit Suisse
Switzerland
$4.01M +$3.73M +73,468 +1,293%
Goldman Sachs
4
Goldman Sachs
New York
$3.99M +$3.81K +75 +0.1%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$3.8M +$1.09M +21,444 +40%
Bank of America
6
Bank of America
North Carolina
$3.37M -$1.48M -29,235 -31%
HBT
7
Hills Bank & Trust
Iowa
$2.66M -$22.3K -440 -0.8%
Jane Street
8
Jane Street
New York
$1.81M -$407K -8,026 -18%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$1.58M +$1.11M +21,920 +233%
CPC
10
Cookson Peirce & Co
Pennsylvania
$1.2M +$34K +670 +3%
Wells Fargo
11
Wells Fargo
California
$925K -$602K -11,853 -39%
SG Americas Securities
12
SG Americas Securities
New York
$891K +$893K +17,598 New
SG
13
Societe Generale
$891K +$893K +17,598 New
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$702K +$703K +13,852 New
VKH
15
Virtu KCG Holdings
New York
$598K +$222K +4,379 +59%
LPL Financial
16
LPL Financial
California
$507K -$504K -9,930 -49%
Citadel Advisors
17
Citadel Advisors
Florida
$498K -$890K -17,533 -64%
BHB
18
Bank Hapoalim BM
Israel
$442K -$82.2K -1,620 -16%
UBS Group
19
UBS Group
Switzerland
$398K -$140K -2,765 -26%
MAS
20
Madden Advisory Services
Florida
$327K
RJA
21
Raymond James & Associates
Florida
$306K -$169K -3,333 -36%
MFS
22
MSI Financial Services
Massachusetts
$287K -$86.8K -1,710 -23%
TH
23
Timber Hill
Connecticut
$264K -$237K -4,662 -47%
BRWA
24
B. Riley Wealth Advisors
Florida
$223K -$17.6K -347 -7%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$155K -$13.1K -259 -8%

IAK Hedge Fund Activity: Q2 2016 in Review

34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q2 2016, worth a combined $40.3M — up 13% from $35.7M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new IAK positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 15 trimmed.

The largest buyer was Credit Suisse, adding an estimated $3.73M. The largest seller was Bank of America, cutting an estimated $1.48M.

  • 34 institutional investors held iShares US Insurance ETF (IAK) as of Q2 2016, up from 32 in Q1 2016.
  • Funds reported $40.3M of iShares US Insurance ETF stock for Q2 2016, up 13% quarter-over-quarter.
  • 5 funds opened new iShares US Insurance ETF positions in Q2 2016 and 3 closed out, a net change of +2 holders.
  • The largest iShares US Insurance ETF buyer in Q2 2016 was Credit Suisse, an estimated $3.73M added.
  • The largest iShares US Insurance ETF seller in Q2 2016 was Bank of America, an estimated $1.48M sold.

Based on aggregated 13F filings for Q2 2016.