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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.

New
Increased
Maintained
Reduced
Closed

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: 238218 (-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: 10 (-1)

Holders
218
Holders Change
-20
Holders Change %
-8.4%
% of All Funds
3.47%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
62
Reduced
63
Closed
29
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DWM
1
Destination Wealth Management
California
$51.7M +$724K +8,678 +1%
Bank of America
2
Bank of America
North Carolina
$41.3M -$9.32M -111,691 -18%
Morgan Stanley
3
Morgan Stanley
New York
$39.7M -$776K -9,301 -2%
Northwestern Mutual Wealth Management
4
Northwestern Mutual Wealth Management
Wisconsin
$34.8M +$31.5M +377,012 +962%
LPL Financial
5
LPL Financial
California
$19.6M +$1.31M +15,712 +7%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$18.6M -$1.42M -17,000 -7%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$16.3M +$449K +5,383 +3%
LIA
8
LBMC Investment Advisors
Tennessee
$10.6M -$119K -1,430 -1%
Manulife (Manufacturers Life Insurance)
9
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.2M
PCH
10
PGIM Custom Harvest
New Jersey
$8.43M +$550K +6,595 +7%
Ameriprise
11
Ameriprise
Minnesota
$8.32M +$875K +10,479 +12%
Wells Fargo
12
Wells Fargo
California
$7.68M -$90.5K -1,084 -1%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$7.46M -$84.5K -1,013 -1%
CCB
14
Country Club Bank
Missouri
$7.12M -$87.6K -1,050 -1%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$5.25M +$3.13M +37,519 +149%
UBS Group
16
UBS Group
Switzerland
$4.94M -$395K -4,728 -7%
Osaic Holdings
17
Osaic Holdings
Arizona
$4.92M +$782K +9,364 +19%
Truist Financial
18
Truist Financial
North Carolina
$4.11M -$834K -9,995 -17%
Goldman Sachs
19
Goldman Sachs
New York
$4M +$2.02M +24,209 +103%
FTS
20
Fifth Third Securities
Ohio
$3.75M -$3.72M -44,548 -50%
SLWA
21
San Luis Wealth Advisors
California
$3.42M +$3.4M +40,790 New
RJA
22
Raymond James & Associates
Florida
$3.21M -$22K -264 -0.7%
FPCP
23
Fort Point Capital Partners
California
$3.09M -$3.21M -38,450 -51%
Prudential Financial
24
Prudential Financial
New Jersey
$2.92M +$297K +3,563 +12%
IFG
25
Independent Financial Group
California
$2.87M +$211K +2,530 +8%

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.