iShares US Utilities ETF
102 hedge funds and large institutions have $281M invested in iShares US Utilities ETF in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 46 reducing their positions, and 31 closing their positions.
83% more call options, than puts
Call options by funds: $463K | Put options by funds: $253K
15% less funds holding
Funds holding: 120 → 102 (-18)
26.13% less ownership
Funds ownership: 109.71% → 83.58% (-26%)
48% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 46
58% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 31
63% less capital invested
Capital invested by funds: $769M → $281M (-$488M)
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIA
LBMC Investment Advisors
Brentwood,
Tennessee
|
+$4.16M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.38M |
| 3 |
SG Americas Securities
New York
|
+$3.04M |
| 4 |
Morgan Stanley
New York
|
+$2.91M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$84.8M |
| 2 |
AssetMark Inc
Concord,
California
|
-$75M |
| 3 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$70M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$47.7M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$33.5M |
IDU Hedge Fund Activity: Q3 2014 in Review
102 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares US Utilities ETF (IDU) for Q3 2014, worth a combined $281M — down 63% from $769M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of IDU and 13 opened new positions — a net loss of 18 holders — while 46 trimmed existing stakes and 24 added.
The largest buyer was LBMC Investment Advisors, adding an estimated $4.16M. The largest seller was BB&T Securities, exiting entirely with an estimated $84.8M sold.
- 102 institutional investors held iShares US Utilities ETF (IDU) as of Q3 2014, down from 120 in Q2 2014.
- Funds reported $281M of iShares US Utilities ETF stock for Q3 2014, down 63% quarter-over-quarter.
- 13 funds opened new iShares US Utilities ETF positions in Q3 2014 and 31 closed out, a net change of -18 holders.
- The largest iShares US Utilities ETF buyer in Q3 2014 was LBMC Investment Advisors, an estimated $4.16M added.
- The largest iShares US Utilities ETF seller in Q3 2014 was BB&T Securities, an estimated $84.8M sold.
Based on aggregated 13F filings for Q3 2014.