iShares North American Natural Resources ETF
IGE
126 hedge funds and large institutions have $374M invested in iShares North American Natural Resources ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 48 reducing their positions, and 21 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7.83% less ownership
Funds ownership: 43.61% → 35.78% (-7.8%)
9% less funds holding
Funds holding: 138 → 126 (-12)
15% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 48
26% less capital invested
Capital invested by funds: $505M → $374M (-$131M)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Makena Capital Management
Menlo Park,
California
|
+$13.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.82M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.6M |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$2.54M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$93.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$30.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11.3M |
| 4 |
EFS
Edelman Financial Services
Fairfax,
Virginia
|
-$11M |
| 5 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$4.88M |
IGE Hedge Fund Activity: Q1 2016 in Review
126 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares North American Natural Resources ETF (IGE) for Q1 2016, worth a combined $374M — down 26% from $505M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IGE and 10 opened new positions — a net loss of 11 holders — while 48 trimmed existing stakes and 41 added.
The largest buyer was Makena Capital Management, adding an estimated $13.9M. The largest seller was Morgan Stanley, cutting an estimated $93.6M.
- 126 institutional investors held iShares North American Natural Resources ETF (IGE) as of Q1 2016, down from 138 in Q4 2015.
- Funds reported $374M of iShares North American Natural Resources ETF stock for Q1 2016, down 26% quarter-over-quarter.
- 10 funds opened new iShares North American Natural Resources ETF positions in Q1 2016 and 21 closed out, a net change of -11 holders.
- The largest iShares North American Natural Resources ETF buyer in Q1 2016 was Makena Capital Management, an estimated $13.9M added.
- The largest iShares North American Natural Resources ETF seller in Q1 2016 was Morgan Stanley, an estimated $93.6M sold.
Based on aggregated 13F filings for Q1 2016.