iShares US Insurance ETF
IAK
177 hedge funds and large institutions have $525M invested in iShares US Insurance ETF in 2025 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 69 increasing their positions, 51 reducing their positions, and 24 closing their positions.
46% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 24
37% more capital inflows, than outflows
Capital inflows: $97.2M | Capital outflows: $71.1M
35% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 51
6% more funds holding
Funds holding: 167 → 177 (+10)
2.6% less ownership
Funds ownership: 65.72% → 63.12% (-2.6%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Miracle Mile Advisors
Los Angeles,
California
|
+$14.1M |
| 2 |
Two Sigma Investments
New York
|
+$11.4M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$9.5M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.34M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Beacon Harbor Wealth Advisors
Virginia Beach,
Virginia
|
-$12M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$7.93M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.89M |
| 4 |
Morgan Stanley
New York
|
-$5.66M |
| 5 |
Jackson Wealth Management
Lake Mary,
Florida
|
-$5.02M |
IAK Hedge Fund Activity: Q2 2025 in Review
177 of the 7,624 institutional investors tracked by Wall St. Rank reported a position in iShares US Insurance ETF (IAK) for Q2 2025, worth a combined $525M — up 1% from $520M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new IAK positions and 24 closed out — a net gain of 11 holders — while 69 added to existing stakes and 51 trimmed.
The largest buyer was Miracle Mile Advisors, adding an estimated $14.1M. The largest seller was Beacon Harbor Wealth Advisors, exiting entirely with an estimated $12M sold.
- 177 institutional investors held iShares US Insurance ETF (IAK) as of Q2 2025, up from 167 in Q1 2025.
- Funds reported $525M of iShares US Insurance ETF stock for Q2 2025, up 1% quarter-over-quarter.
- 35 funds opened new iShares US Insurance ETF positions in Q2 2025 and 24 closed out, a net change of +11 holders.
- The largest iShares US Insurance ETF buyer in Q2 2025 was Miracle Mile Advisors, an estimated $14.1M added.
- The largest iShares US Insurance ETF seller in Q2 2025 was Beacon Harbor Wealth Advisors, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2025.