iShares US Medical Devices ETF
77 hedge funds and large institutions have $515M invested in iShares US Medical Devices ETF in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 12 closing their positions.
61.12% more ownership
Funds ownership: 340.13% → 401.25% (+61%)
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
2% more capital invested
Capital invested by funds: $503M → $515M (+$11.4M)
7% less funds holding
Funds holding: 83 → 77 (-6)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$41.9M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$17.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$13.8M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
-$21.2M |
| 2 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$18.3M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$15.4M |
| 4 |
Goldman Sachs
New York
|
-$14.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$7.2M |
IHI Hedge Fund Activity: Q1 2015 in Review
77 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares US Medical Devices ETF (IHI) for Q1 2015, worth a combined $515M — up 2.3% from $503M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IHI and 10 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 28 added.
The largest buyer was Bank of Nova Scotia, adding an estimated $41.9M. The largest seller was Sandler Capital Management, exiting entirely with an estimated $21.2M sold.
- 77 institutional investors held iShares US Medical Devices ETF (IHI) as of Q1 2015, down from 83 in Q4 2014.
- Funds reported $515M of iShares US Medical Devices ETF stock for Q1 2015, up 2.3% quarter-over-quarter.
- 10 funds opened new iShares US Medical Devices ETF positions in Q1 2015 and 12 closed out, a net change of -2 holders.
- The largest iShares US Medical Devices ETF buyer in Q1 2015 was Bank of Nova Scotia, an estimated $41.9M added.
- The largest iShares US Medical Devices ETF seller in Q1 2015 was Sandler Capital Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2015.