iShares US Utilities ETF
218 hedge funds and large institutions have $413M invested in iShares US Utilities ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 63 reducing their positions, and 29 closing their positions.
0.68% less ownership
Funds ownership: 43.02% → 42.34% (-0.68%)
2% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 63
6% less capital invested
Capital invested by funds: $439M → $413M (-$26.3M)
8% less funds holding
Funds holding: 238 → 218 (-20)
38% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$31.5M |
| 2 |
SLWA
San Luis Wealth Advisors
San Luis Obispo,
California
|
+$3.4M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.13M |
| 4 |
Goldman Sachs
New York
|
+$2.02M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$12M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.32M |
| 3 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
-$3.72M |
| 4 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$3.21M |
| 5 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
-$2.84M |
IDU Hedge Fund Activity: Q1 2023 in Review
218 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q1 2023, worth a combined $413M — down 6% from $439M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of IDU and 18 opened new positions — a net loss of 11 holders — while 63 trimmed existing stakes and 62 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $31.5M. The largest seller was MinichMacGregor Wealth Management, exiting entirely with an estimated $12M sold.
- 218 institutional investors held iShares US Utilities ETF (IDU) as of Q1 2023, down from 238 in Q4 2022.
- Funds reported $413M of iShares US Utilities ETF stock for Q1 2023, down 6% quarter-over-quarter.
- 18 funds opened new iShares US Utilities ETF positions in Q1 2023 and 29 closed out, a net change of -11 holders.
- The largest iShares US Utilities ETF buyer in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $31.5M added.
- The largest iShares US Utilities ETF seller in Q1 2023 was MinichMacGregor Wealth Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2023.