iShares US Utilities ETF
98 hedge funds and large institutions have $253M invested in iShares US Utilities ETF in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 16 closing their positions.
30% more capital invested
Capital invested by funds: $194M → $253M (+$58.7M)
16.65% more ownership
Funds ownership: 62.87% → 79.52% (+17%)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 101 → 98 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.5M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$11.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.99M |
| 5 |
Citigroup
New York
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$9.24M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.99M |
| 3 |
VF
Virtu Financial
New York
|
-$3.59M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.23M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.44M |
IDU Hedge Fund Activity: Q1 2014 in Review
98 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q1 2014, worth a combined $253M — up 30% from $194M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of IDU and 13 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 34 added.
The largest buyer was LPL Financial, adding an estimated $18.5M. The largest seller was Psagot Value Holdings, exiting entirely with an estimated $9.24M sold.
- 98 institutional investors held iShares US Utilities ETF (IDU) as of Q1 2014, down from 101 in Q4 2013.
- Funds reported $253M of iShares US Utilities ETF stock for Q1 2014, up 30% quarter-over-quarter.
- 13 funds opened new iShares US Utilities ETF positions in Q1 2014 and 16 closed out, a net change of -3 holders.
- The largest iShares US Utilities ETF buyer in Q1 2014 was LPL Financial, an estimated $18.5M added.
- The largest iShares US Utilities ETF seller in Q1 2014 was Psagot Value Holdings, an estimated $9.24M sold.
Based on aggregated 13F filings for Q1 2014.