iShares US Regional Banks ETF
IAT
70 hedge funds and large institutions have $115M invested in iShares US Regional Banks ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 11 closing their positions.
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 72 → 70 (-2)
5.73% less ownership
Funds ownership: 30.07% → 24.34% (-5.7%)
23% less capital invested
Capital invested by funds: $150M → $115M (-$34.9M)
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less call options, than puts
Call options by funds: $10K | Put options by funds: $26K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$5.28M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.54M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.25M |
| 4 |
Citigroup
New York
|
+$3.35M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$33.9M |
| 2 |
DCM
Donaldson Capital Management
Evansville,
Indiana
|
-$13.2M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$524K |
| 4 |
SG Americas Securities
New York
|
-$480K |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WRM
76
Westport Resources Management
Westport,
Connecticut
| – | -$222K | -6,416 | Closed |
|
|
B
77
Baird
Milwaukee,
Wisconsin
| – | -$206K | -5,950 | Closed |
|
|
S
78
SignatureFD
Atlanta,
Georgia
| – | -$201K | -5,800 | Closed |
|
|
CFA
79
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$176K | -5,070 | Closed |
|
80
Citadel Advisors
Miami,
Florida
| – | -$121K | -3,490 | Closed |
|
|
BRWA
81
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1.7K | -49 | Closed |
|
IAT Hedge Fund Activity: Q3 2014 in Review
70 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares US Regional Banks ETF (IAT) for Q3 2014, worth a combined $115M — down 23% from $150M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of IAT and 10 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 20 added.
The largest buyer was Banque Pictet & Cie, opening a new position worth an estimated $5.28M. The largest seller was Goldman Sachs, cutting an estimated $33.9M.
- 70 institutional investors held iShares US Regional Banks ETF (IAT) as of Q3 2014, down from 72 in Q2 2014.
- Funds reported $115M of iShares US Regional Banks ETF stock for Q3 2014, down 23% quarter-over-quarter.
- 10 funds opened new iShares US Regional Banks ETF positions in Q3 2014 and 11 closed out, a net change of -1 holder.
- The largest iShares US Regional Banks ETF buyer in Q3 2014 was Banque Pictet & Cie, an estimated $5.28M added.
- The largest iShares US Regional Banks ETF seller in Q3 2014 was Goldman Sachs, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2014.