iShares US Medical Devices ETF
75 hedge funds and large institutions have $446M invested in iShares US Medical Devices ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
3% less funds holding
Funds holding: 77 → 75 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
13% less capital invested
Capital invested by funds: $515M → $446M (-$68.6M)
32.35% less ownership
Funds ownership: 401.25% → 368.9% (-32%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.4M |
| 3 |
Goldman Sachs
New York
|
+$6.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.99M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$42.7M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$23.6M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$14.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$7.89M |
| 5 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$7.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
BNP Paribas Financial Markets
Paris,
France
| – | -$14.1M | -705,000 | Closed |
|
77
Lazard Asset Management
New York
| – | -$6.63M | -330,990 | Closed |
|
|
BCM
78
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.68M | -84,000 | Closed |
|
|
PAG
79
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$1.48M | -73,938 | Closed |
|
|
NFA
80
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$159K | -7,920 | Closed |
|
81
Creative Planning
Overland Park,
Kansas
| – | -$130K | -6,474 | Closed |
|
|
MPWT
82
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$6.98K | -348 | Closed |
|
|
CCS
83
Crosspoint Capital Strategies
Orinda,
California
| – | -$2K | -90 | Closed |
|
IHI Hedge Fund Activity: Q2 2015 in Review
75 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares US Medical Devices ETF (IHI) for Q2 2015, worth a combined $446M — down 13% from $515M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IHI and 8 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $18.7M. The largest seller was Bank of Nova Scotia, cutting an estimated $42.7M.
- 75 institutional investors held iShares US Medical Devices ETF (IHI) as of Q2 2015, down from 77 in Q1 2015.
- Funds reported $446M of iShares US Medical Devices ETF stock for Q2 2015, down 13% quarter-over-quarter.
- 8 funds opened new iShares US Medical Devices ETF positions in Q2 2015 and 9 closed out, a net change of -1 holder.
- The largest iShares US Medical Devices ETF buyer in Q2 2015 was Morgan Stanley, an estimated $18.7M added.
- The largest iShares US Medical Devices ETF seller in Q2 2015 was Bank of Nova Scotia, an estimated $42.7M sold.
Based on aggregated 13F filings for Q2 2015.