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iShares US Pharmaceuticals ETF

91 hedge funds and large institutions have $205M invested in iShares US Pharmaceuticals ETF in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 47 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less funds holding

Funds holding: 10391 (-12)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

25.68% less ownership

Funds ownership: 123.06%97.38% (-26%)

43% less capital invested

Capital invested by funds: $358M → $205M (-$153M)

52% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 23

72% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 47

Holders
91
Holders Change
-12
Holders Change %
-11.65%
% of All Funds
2.42%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
11
Increased
13
Reduced
47
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$22.4M -$10.4M -222,123 -31%
Morgan Stanley
2
Morgan Stanley
New York
$19.5M -$22.1M -472,770 -53%
AWA
3
ARS Wealth Advisors
Florida
$14M -$156K -3,327 -1%
Goldman Sachs
4
Goldman Sachs
New York
$13.8M -$21M -448,740 -60%
LPL Financial
5
LPL Financial
California
$11.9M -$7.59M -162,153 -39%
Brown Advisory
6
Brown Advisory
Maryland
$11.5M -$655K -13,998 -5%
SFI
7
SPC Financial Inc
Maryland
$10.9M -$163K -3,480 -1%
ST
8
Spinnaker Trust
Maine
$9.55M +$233K +4,974 +2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$9.39M -$6.7M -143,115 -41%
EAMA
10
EFG Asset Management (Americas)
Florida
$7.43M +$7.62M +162,897 New
Wells Fargo
11
Wells Fargo
California
$7.14M -$11.3M -241,839 -61%
MCM
12
Murphy Capital Management
New Jersey
$5.42M -$337K -7,200 -6%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$5.38M +$5.13M +109,677 +1,327%
MFS
14
MSI Financial Services
Massachusetts
$4.95M -$372K -7,953 -7%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$3.72M -$124K -2,655 -3%
Jane Street
16
Jane Street
New York
$3.64M +$3.73M +79,728 New
UBS Group
17
UBS Group
Switzerland
$3.58M -$6.28M -134,298 -63%
CS
18
Credit Suisse
Switzerland
$3.45M +$3.17M +67,647 +849%
RJA
19
Raymond James & Associates
Florida
$2.45M -$1.71M -36,588 -41%
VKH
20
Virtu KCG Holdings
New York
$2.25M +$2.3M +49,158 New
AIG
21
American International Group
New York
$1.86M -$1.29M -27,597 -40%
CAN
22
Cetera Advisor Networks
California
$1.83M -$201K -4,296 -10%
JP Morgan Chase
23
JP Morgan Chase
New York
$1.59M +$589K +12,588 +57%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$1.58M -$4.99M -106,575 -76%
GTC
25
Ghost Tree Capital
New York
$1.34M +$1.38M +29,400 New

IHE Hedge Fund Activity: Q1 2016 in Review

91 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Pharmaceuticals ETF (IHE) for Q1 2016, worth a combined $205M — down 43% from $358M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of IHE and 11 opened new positions — a net loss of 12 holders — while 47 trimmed existing stakes and 13 added.

The largest buyer was EFG Asset Management (Americas), opening a new position worth an estimated $7.62M. The largest seller was Morgan Stanley, cutting an estimated $22.1M.

  • 91 institutional investors held iShares US Pharmaceuticals ETF (IHE) as of Q1 2016, down from 103 in Q4 2015.
  • Funds reported $205M of iShares US Pharmaceuticals ETF stock for Q1 2016, down 43% quarter-over-quarter.
  • 11 funds opened new iShares US Pharmaceuticals ETF positions in Q1 2016 and 23 closed out, a net change of -12 holders.
  • The largest iShares US Pharmaceuticals ETF buyer in Q1 2016 was EFG Asset Management (Americas), an estimated $7.62M added.
  • The largest iShares US Pharmaceuticals ETF seller in Q1 2016 was Morgan Stanley, an estimated $22.1M sold.

Based on aggregated 13F filings for Q1 2016.