iShares US Insurance ETF
IAK
41 hedge funds and large institutions have $66.8M invested in iShares US Insurance ETF in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
102% more capital invested
Capital invested by funds: $33M → $66.8M (+$33.8M)
24% more funds holding
Funds holding: 33 → 41 (+8)
7.44% more ownership
Funds ownership: 36.74% → 44.18% (+7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.67M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.59M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.53M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.03M |
| 5 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.6M |
| 2 |
SG Americas Securities
New York
|
-$1.94M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 4 |
Goldman Sachs
New York
|
-$513K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$502K |
IAK Hedge Fund Activity: Q4 2016 in Review
41 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q4 2016, worth a combined $66.8M — up 102% from $33M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IAK positions and 5 closed out — a net gain of 8 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.67M. The largest seller was Credit Suisse, exiting entirely with an estimated $2.6M sold.
- 41 institutional investors held iShares US Insurance ETF (IAK) as of Q4 2016, up from 33 in Q3 2016.
- Funds reported $66.8M of iShares US Insurance ETF stock for Q4 2016, up 102% quarter-over-quarter.
- 13 funds opened new iShares US Insurance ETF positions in Q4 2016 and 5 closed out, a net change of +8 holders.
- The largest iShares US Insurance ETF buyer in Q4 2016 was Morgan Stanley, an estimated $8.67M added.
- The largest iShares US Insurance ETF seller in Q4 2016 was Credit Suisse, an estimated $2.6M sold.
Based on aggregated 13F filings for Q4 2016.