iShares US Utilities ETF
137 hedge funds and large institutions have $547M invested in iShares US Utilities ETF in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 17 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
264% more call options, than puts
Call options by funds: $1.77M | Put options by funds: $486K
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
21% more capital invested
Capital invested by funds: $451M → $547M (+$95.8M)
9.61% more ownership
Funds ownership: 92.93% → 102.54% (+9.6%)
4% more funds holding
Funds holding: 132 → 137 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$15.9M |
| 2 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$13M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
+$12M |
| 4 |
Morgan Stanley
New York
|
+$11.8M |
| 5 |
FIG
FundX Investment Group
San Francisco,
California
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$13.4M |
| 2 |
AssetMark Inc
Concord,
California
|
-$10.4M |
| 3 |
Goldman Sachs
New York
|
-$8.29M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$235K | -3,800 | Closed |
|
|
SB
152
Suntrust Banks
Atlanta,
Georgia
| – | -$207K | -3,698 | Closed |
|
153
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$41K | -668 | Closed |
|
154
SEI Investments
Oaks,
Pennsylvania
| – | -$10K | -158 | Closed |
|
IDU Hedge Fund Activity: Q2 2016 in Review
137 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q2 2016, worth a combined $547M — up 21% from $451M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IDU positions and 17 closed out — a net gain of 6 holders — while 47 added to existing stakes and 38 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $15.9M. The largest seller was LPL Financial, cutting an estimated $13.4M.
- 137 institutional investors held iShares US Utilities ETF (IDU) as of Q2 2016, up from 132 in Q1 2016.
- Funds reported $547M of iShares US Utilities ETF stock for Q2 2016, up 21% quarter-over-quarter.
- 23 funds opened new iShares US Utilities ETF positions in Q2 2016 and 17 closed out, a net change of +6 holders.
- The largest iShares US Utilities ETF buyer in Q2 2016 was 1832 Asset Management, an estimated $15.9M added.
- The largest iShares US Utilities ETF seller in Q2 2016 was LPL Financial, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2016.