iShares US Insurance ETF
IAK
81 hedge funds and large institutions have $255M invested in iShares US Insurance ETF in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 41 reducing their positions, and 22 closing their positions.
2.79% less ownership
Funds ownership: 71.76% → 68.97% (-2.8%)
14% less funds holding
Funds holding: 94 → 81 (-13)
39% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 41
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
86% less capital inflows, than outflows
Capital inflows: $12M | Capital outflows: $87.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.93M |
| 2 |
AE Wealth Management
Topeka,
Kansas
|
+$1.73M |
| 3 |
Teamwork Financial Advisors
San Antonio,
Texas
|
+$1.69M |
| 4 |
Two Sigma Investments
New York
|
+$1.23M |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$707K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$45M |
| 2 |
LPL Financial
San Diego,
California
|
-$8.59M |
| 3 |
Morgan Stanley
New York
|
-$5.94M |
| 4 |
Financial Management Professionals
Austin,
Texas
|
-$2.68M |
| 5 |
Fulcrum Equity Management
Plano,
Texas
|
-$2.29M |
IAK Hedge Fund Activity: Q2 2023 in Review
81 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q2 2023, worth a combined $255M — down 21% from $323M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IAK and 9 opened new positions — a net loss of 13 holders — while 41 trimmed existing stakes and 25 added.
The largest buyer was Jane Street, opening a new position worth an estimated $2.93M. The largest seller was Bank of America, cutting an estimated $45M.
- 81 institutional investors held iShares US Insurance ETF (IAK) as of Q2 2023, down from 94 in Q1 2023.
- Funds reported $255M of iShares US Insurance ETF stock for Q2 2023, down 21% quarter-over-quarter.
- 9 funds opened new iShares US Insurance ETF positions in Q2 2023 and 22 closed out, a net change of -13 holders.
- The largest iShares US Insurance ETF buyer in Q2 2023 was Jane Street, an estimated $2.93M added.
- The largest iShares US Insurance ETF seller in Q2 2023 was Bank of America, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2023.