iShares Evolved U.S. Financials ETF
IEFN
IEFN was delisted on the 22nd of August, 2022.
12 hedge funds and large institutions have $3.12M invested in iShares Evolved U.S. Financials ETF in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
8% less funds holding
Funds holding: 13 → 12 (-1)
24% less capital invested
Capital invested by funds: $4.08M → $3.12M (-$958K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$498K |
| 2 |
HIA
Harbor Investment Advisory
Lutherville,
Maryland
|
+$299 |
| 3 |
FP
Financial Perspectives
Minneapolis,
Minnesota
|
+$30 |
| 4 |
SWA
SOA Wealth Advisors
New York
|
+$30 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$388K |
| 2 |
SF
Synovus Financial
Columbus,
Georgia
|
-$358K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$49K |
| 4 |
SAS
Sanford Advisory Services
Portage,
Michigan
|
-$40.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.88K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
BlackRock
New York
| $1.24M | – | – | – |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $459K | +$498K | +16,632 | New |
|
|
HIC
3
Holderness Investments Company
Greensboro,
North Carolina
| $436K | -$3.62K | -121 | -0.8% |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $324K | -$388K | -12,972 | -53% |
|
|
SF
5
Synovus Financial
Columbus,
Georgia
| $312K | -$358K | -11,974 | -51% |
|
|
SAS
6
Sanford Advisory Services
Portage,
Michigan
| $295K | -$40.3K | -1,346 | -11% |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $20K | -$9.88K | -330 | -31% |
|
|
HIA
8
Harbor Investment Advisory
Lutherville,
Maryland
| $19K | +$299 | +10 | +2% |
|
|
FP
9
Financial Perspectives
Minneapolis,
Minnesota
| $6.49K | +$30 | +1 | +0.4% |
|
|
SWA
10
SOA Wealth Advisors
New York
| $6K | +$30 | +1 | +0.4% |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$49K | -1,500 | Closed |
|
12
UBS Group
Zurich,
Switzerland
| – | -$1.59K | -53 | -82% |
|
IEFN Hedge Fund Activity: Q2 2022 in Review
12 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in iShares Evolved U.S. Financials ETF (IEFN) for Q2 2022, worth a combined $3.12M — down 24% from $4.08M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of IEFN and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $498K. The largest seller was Envestnet Asset Management, cutting an estimated $388K.
- 12 institutional investors held iShares Evolved U.S. Financials ETF (IEFN) as of Q2 2022, down from 13 in Q1 2022.
- Funds reported $3.12M of iShares Evolved U.S. Financials ETF stock for Q2 2022, down 24% quarter-over-quarter.
- 1 fund opened new iShares Evolved U.S. Financials ETF positions in Q2 2022 and 2 closed out, a net change of -1 holder.
- The largest iShares Evolved U.S. Financials ETF buyer in Q2 2022 was Tower Research Capital (TRC), an estimated $498K added.
- The largest iShares Evolved U.S. Financials ETF seller in Q2 2022 was Envestnet Asset Management, an estimated $388K sold.
Based on aggregated 13F filings for Q2 2022.