iShares US Medical Devices ETF
66 hedge funds and large institutions have $223M invested in iShares US Medical Devices ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
2% less capital invested
Capital invested by funds: $227M → $223M (-$4.1M)
6% less funds holding
Funds holding: 70 → 66 (-4)
12.9% less ownership
Funds ownership: 193.63% → 180.74% (-13%)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$12.1M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
+$11.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.97M |
| 4 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$1.82M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.8M |
| 2 |
VF
Virtu Financial
New York
|
-$3.19M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.12M |
| 4 |
SG Americas Securities
New York
|
-$2.87M |
| 5 |
Morgan Stanley
New York
|
-$1.95M |
IHI Hedge Fund Activity: Q3 2014 in Review
66 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in iShares US Medical Devices ETF (IHI) for Q3 2014, worth a combined $223M — down 1.8% from $227M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of IHI and 6 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 23 added.
The largest buyer was Xponance, opening a new position worth an estimated $12.1M. The largest seller was Bank of America, cutting an estimated $10.8M.
- 66 institutional investors held iShares US Medical Devices ETF (IHI) as of Q3 2014, down from 70 in Q2 2014.
- Funds reported $223M of iShares US Medical Devices ETF stock for Q3 2014, down 1.8% quarter-over-quarter.
- 6 funds opened new iShares US Medical Devices ETF positions in Q3 2014 and 10 closed out, a net change of -4 holders.
- The largest iShares US Medical Devices ETF buyer in Q3 2014 was Xponance, an estimated $12.1M added.
- The largest iShares US Medical Devices ETF seller in Q3 2014 was Bank of America, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2014.