iShares US Regional Banks ETF
IAT
72 hedge funds and large institutions have $150M invested in iShares US Regional Banks ETF in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
11% more funds holding
Funds holding: 65 → 72 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.62% less ownership
Funds ownership: 34.69% → 30.07% (-4.6%)
9% less capital invested
Capital invested by funds: $164M → $150M (-$14.1M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $71K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$35M |
| 2 |
BCM
BTR Capital Management
Oakland,
California
|
+$2.2M |
| 3 |
Citigroup
New York
|
+$2.12M |
| 4 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
+$1.24M |
| 5 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$48.8M |
| 2 |
SG Americas Securities
New York
|
-$5.51M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$1.64M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$932K |
| 5 |
Barclays
London,
United Kingdom
|
-$676K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PJSIMP
76
P.J. Schmidt Investment Management (PJS)
Cedarburg,
Wisconsin
| – | -$451K | -12,900 | Closed |
|
|
PWM
77
ParenteBeard Wealth Management
York,
Pennsylvania
| – | -$227K | -6,484 | Closed |
|
78
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$69K | -1,965 | Closed |
|
IAT Hedge Fund Activity: Q2 2014 in Review
72 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares US Regional Banks ETF (IAT) for Q2 2014, worth a combined $150M — down 8.6% from $164M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IAT positions and 6 closed out — a net gain of 7 holders — while 27 added to existing stakes and 18 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $35M. The largest seller was Bank of Nova Scotia, exiting entirely with an estimated $48.8M sold.
- 72 institutional investors held iShares US Regional Banks ETF (IAT) as of Q2 2014, up from 65 in Q1 2014.
- Funds reported $150M of iShares US Regional Banks ETF stock for Q2 2014, down 8.6% quarter-over-quarter.
- 13 funds opened new iShares US Regional Banks ETF positions in Q2 2014 and 6 closed out, a net change of +7 holders.
- The largest iShares US Regional Banks ETF buyer in Q2 2014 was Goldman Sachs, an estimated $35M added.
- The largest iShares US Regional Banks ETF seller in Q2 2014 was Bank of Nova Scotia, an estimated $48.8M sold.
Based on aggregated 13F filings for Q2 2014.