iShares US Insurance ETF
IAK
45 hedge funds and large institutions have $56.2M invested in iShares US Insurance ETF in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 10 closing their positions.
9.62% less ownership
Funds ownership: 52.08% → 42.46% (-9.6%)
12% less funds holding
Funds holding: 51 → 45 (-6)
39% less capital invested
Capital invested by funds: $91.9M → $56.2M (-$35.7M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.56M |
| 2 |
Jane Street
New York
|
+$2.15M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$1.14M |
| 4 |
Goldman Sachs
New York
|
+$692K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.85M |
| 3 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$4.79M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.14M |
IAK Hedge Fund Activity: Q1 2018 in Review
45 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2018, worth a combined $56.2M — down 39% from $91.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IAK and 5 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, adding an estimated $2.56M. The largest seller was Morgan Stanley, cutting an estimated $14.1M.
- 45 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2018, down from 51 in Q4 2017.
- Funds reported $56.2M of iShares US Insurance ETF stock for Q1 2018, down 39% quarter-over-quarter.
- 5 funds opened new iShares US Insurance ETF positions in Q1 2018 and 10 closed out, a net change of -5 holders.
- The largest iShares US Insurance ETF buyer in Q1 2018 was Credit Suisse, an estimated $2.56M added.
- The largest iShares US Insurance ETF seller in Q1 2018 was Morgan Stanley, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2018.