iShares US Insurance ETF
IAK
33 hedge funds and large institutions have $26.1M invested in iShares US Insurance ETF in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 12 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.56% more ownership
Funds ownership: 41.04% → 42.6% (+1.6%)
25% less funds holding
Funds holding: 44 → 33 (-11)
34% less capital invested
Capital invested by funds: $39.5M → $26.1M (-$13.4M)
75% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.64M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$655K |
| 4 |
CI
CAZ Investments
Houston,
Texas
|
+$219K |
| 5 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.49M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$1.27M |
| 3 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$673K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$434K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$394K |
IAK Hedge Fund Activity: Q1 2020 in Review
33 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2020, worth a combined $26.1M — down 34% from $39.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IAK and 3 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.64M. The largest seller was Morgan Stanley, cutting an estimated $1.49M.
- 33 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2020, down from 44 in Q4 2019.
- Funds reported $26.1M of iShares US Insurance ETF stock for Q1 2020, down 34% quarter-over-quarter.
- 3 funds opened new iShares US Insurance ETF positions in Q1 2020 and 12 closed out, a net change of -9 holders.
- The largest iShares US Insurance ETF buyer in Q1 2020 was Susquehanna International Group, an estimated $1.64M added.
- The largest iShares US Insurance ETF seller in Q1 2020 was Morgan Stanley, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2020.