iShares US Insurance ETF
IAK
112 hedge funds and large institutions have $442M invested in iShares US Insurance ETF in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 12 closing their positions.
685% more capital inflows, than outflows
Capital inflows: $116M | Capital outflows: $14.8M
124% more call options, than puts
Call options by funds: $368K | Put options by funds: $164K
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
12% more funds holding
Funds holding: 100 → 112 (+12)
0.79% more ownership
Funds ownership: 67.73% → 68.52% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$66.6M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$9.06M |
| 3 |
LPL Financial
San Diego,
California
|
+$6.72M |
| 4 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$6.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.57M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.13M |
| 3 |
Atria Investments
Charlotte,
North Carolina
|
-$1.02M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.01M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$905K |
IAK Hedge Fund Activity: Q1 2024 in Review
112 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q1 2024, worth a combined $442M — up 53% from $288M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IAK positions and 12 closed out — a net gain of 13 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $66.6M. The largest seller was Royal Bank of Canada, cutting an estimated $2.57M.
- 112 institutional investors held iShares US Insurance ETF (IAK) as of Q1 2024, up from 100 in Q4 2023.
- Funds reported $442M of iShares US Insurance ETF stock for Q1 2024, up 53% quarter-over-quarter.
- 25 funds opened new iShares US Insurance ETF positions in Q1 2024 and 12 closed out, a net change of +13 holders.
- The largest iShares US Insurance ETF buyer in Q1 2024 was Bank of Montreal, an estimated $66.6M added.
- The largest iShares US Insurance ETF seller in Q1 2024 was Royal Bank of Canada, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2024.