iShares US Insurance ETF
IAK
33 hedge funds and large institutions have $33M invested in iShares US Insurance ETF in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 19 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less funds holding
Funds holding: 34 → 33 (-1)
5.13% less ownership
Funds ownership: 41.87% → 36.74% (-5.1%)
18% less capital invested
Capital invested by funds: $40.3M → $33M (-$7.25M)
68% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$997K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$583K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$396K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$278K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.61M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.73M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.56M |
| 4 |
Jane Street
New York
|
-$1.36M |
| 5 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$1.2M |
IAK Hedge Fund Activity: Q3 2016 in Review
33 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q3 2016, worth a combined $33M — down 18% from $40.3M a quarter earlier.
Fund positioning in IAK was balanced in Q3 2016: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 19 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $997K. The largest seller was Goldman Sachs, cutting an estimated $2.61M.
- 33 institutional investors held iShares US Insurance ETF (IAK) as of Q3 2016, down from 34 in Q2 2016.
- Funds reported $33M of iShares US Insurance ETF stock for Q3 2016, down 18% quarter-over-quarter.
- 2 funds opened new iShares US Insurance ETF positions in Q3 2016 and 2 closed out, a net change of 0 holders.
- The largest iShares US Insurance ETF buyer in Q3 2016 was SG Americas Securities, an estimated $997K added.
- The largest iShares US Insurance ETF seller in Q3 2016 was Goldman Sachs, an estimated $2.61M sold.
Based on aggregated 13F filings for Q3 2016.