iShares US Utilities ETF
135 hedge funds and large institutions have $370M invested in iShares US Utilities ETF in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 52 reducing their positions, and 18 closing their positions.
20% more capital invested
Capital invested by funds: $309M → $370M (+$60.8M)
5.78% more ownership
Funds ownership: 75.03% → 80.81% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 141 → 135 (-6)
21% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 52
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| 1 |
AssetMark Inc
Concord,
California
|
+$60.7M |
| 2 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$11.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.91M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$3.71M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$3.62M |
Top Sellers
| 1 |
Citigroup
New York
|
-$6.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.03M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.33M |
| 4 |
GC
Grimes & Company
Westborough,
Massachusetts
|
-$3.49M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.47M |
IDU Hedge Fund Activity: Q3 2017 in Review
135 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q3 2017, worth a combined $370M — up 20% from $309M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of IDU and 14 opened new positions — a net loss of 4 holders — while 52 trimmed existing stakes and 41 added.
The largest buyer was AssetMark Inc, adding an estimated $60.7M. The largest seller was Citigroup, cutting an estimated $6.74M.
- 135 institutional investors held iShares US Utilities ETF (IDU) as of Q3 2017, down from 141 in Q2 2017.
- Funds reported $370M of iShares US Utilities ETF stock for Q3 2017, up 20% quarter-over-quarter.
- 14 funds opened new iShares US Utilities ETF positions in Q3 2017 and 18 closed out, a net change of -4 holders.
- The largest iShares US Utilities ETF buyer in Q3 2017 was AssetMark Inc, an estimated $60.7M added.
- The largest iShares US Utilities ETF seller in Q3 2017 was Citigroup, an estimated $6.74M sold.
Based on aggregated 13F filings for Q3 2017.