iShares US Utilities ETF
136 hedge funds and large institutions have $188M invested in iShares US Utilities ETF in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 48 reducing their positions, and 22 closing their positions.
59% more call options, than puts
Call options by funds: $688K | Put options by funds: $433K
6% less funds holding
Funds holding: 145 → 136 (-9)
22.15% less ownership
Funds ownership: 82.84% → 60.68% (-22%)
35% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 48
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
46% less capital invested
Capital invested by funds: $349M → $188M (-$161M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$2.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.08M |
| 3 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$1.74M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$850K |
| 5 |
TFF
The Family Firm
Bethesda,
Maryland
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$101M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.1M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$11.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.66M |
| 5 |
Morgan Stanley
New York
|
-$3.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCP
151
Cardan Capital Partners
Denver,
Colorado
| – | -$212K | -3,198 | Closed |
|
|
KA
152
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$212K | -3,198 | Closed |
|
|
TAMH
153
Taikang Asset Management (HK)
Hong Kong
| – | -$207K | -3,122 | Closed |
|
154
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$206K | -3,100 | Closed |
|
155
Wolverine Trading
Chicago,
Illinois
| – | -$201K | -3,018 | Closed |
|
|
SPI
156
Santori & Peters Inc
Canonsburg,
Pennsylvania
| – | -$142K | -2,328 | Closed |
|
|
CG
157
Cutler Group
San Francisco,
California
| – | -$93K | -1,400 | Closed |
|
|
AIM
158
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$36K | -546 | Closed |
|
|
RFWA
159
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$15.1K | -228 | Closed |
|
IDU Hedge Fund Activity: Q1 2018 in Review
136 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q1 2018, worth a combined $188M — down 46% from $349M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IDU and 14 opened new positions — a net loss of 8 holders — while 48 trimmed existing stakes and 31 added.
The largest buyer was Morningstar Investment Services, adding an estimated $2.91M. The largest seller was AssetMark Inc, cutting an estimated $101M.
- 136 institutional investors held iShares US Utilities ETF (IDU) as of Q1 2018, down from 145 in Q4 2017.
- Funds reported $188M of iShares US Utilities ETF stock for Q1 2018, down 46% quarter-over-quarter.
- 14 funds opened new iShares US Utilities ETF positions in Q1 2018 and 22 closed out, a net change of -8 holders.
- The largest iShares US Utilities ETF buyer in Q1 2018 was Morningstar Investment Services, an estimated $2.91M added.
- The largest iShares US Utilities ETF seller in Q1 2018 was AssetMark Inc, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2018.