iShares US Medical Devices ETF
61 hedge funds and large institutions have $217M invested in iShares US Medical Devices ETF in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 9 closing their positions.
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
25% more capital invested
Capital invested by funds: $173M → $217M (+$43.4M)
3% less funds holding
Funds holding: 63 → 61 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
30.18% less ownership
Funds ownership: 223.73% → 193.55% (-30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
+$25M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$11.3M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$3.54M |
| 4 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$2.04M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.66M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.96M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.6M |
| 4 |
MIM
Midwest Investment Management
Cleveland,
Ohio
|
-$2.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.63M |
IHI Hedge Fund Activity: Q1 2014 in Review
61 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares US Medical Devices ETF (IHI) for Q1 2014, worth a combined $217M — up 25% from $173M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IHI and 7 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 28 added.
The largest buyer was Sandler Capital Management, opening a new position worth an estimated $25M. The largest seller was Credit Suisse, exiting entirely with an estimated $5.66M sold.
- 61 institutional investors held iShares US Medical Devices ETF (IHI) as of Q1 2014, down from 63 in Q4 2013.
- Funds reported $217M of iShares US Medical Devices ETF stock for Q1 2014, up 25% quarter-over-quarter.
- 7 funds opened new iShares US Medical Devices ETF positions in Q1 2014 and 9 closed out, a net change of -2 holders.
- The largest iShares US Medical Devices ETF buyer in Q1 2014 was Sandler Capital Management, an estimated $25M added.
- The largest iShares US Medical Devices ETF seller in Q1 2014 was Credit Suisse, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2014.