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iShares US Medical Devices ETF

88 hedge funds and large institutions have $534M invested in iShares US Medical Devices ETF in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

34.78% more ownership

Funds ownership: 338.75%373.53% (+35%)

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

33% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 24

31% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 13

25% more capital invested

Capital invested by funds: $428M → $534M (+$106M)

5% more funds holding

Funds holding: 8488 (+4)

Holders
88
Holders Change
+4
Holders Change %
+4.76%
% of All Funds
2.34%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.11%
New
17
Increased
32
Reduced
24
Closed
13
Calls
$748K
Puts
Net Calls
+$748K
Net Calls Change
+$748K
Name Holding Trade Value Shares
Change
Change in
Stake
CI
1
Clal Insurance
Israel
$95.6M -$15.2M -783,054 -14%
Bank of Nova Scotia
2
Bank of Nova Scotia
Ontario, Canada
$83.6M +$33M +1,697,460 +71%
Morgan Stanley
3
Morgan Stanley
New York
$45.7M +$16.8M +866,172 +63%
Mirae Asset Global Investments
4
Mirae Asset Global Investments
South Korea
$40.2M +$37.4M +1,927,044 +4,524%
Bank of America
5
Bank of America
North Carolina
$31.5M +$7.35M +378,618 +33%
JCM
6
Janney Capital Management
Pennsylvania
$22.1M -$977K -50,316 -4%
Wells Fargo
7
Wells Fargo
California
$19.7M +$10.3M +530,922 +123%
Goldman Sachs
8
Goldman Sachs
New York
$18M -$17.2M -887,130 -50%
UBS Group
9
UBS Group
Switzerland
$14.8M -$6.73M -346,404 -32%
RJA
10
Raymond James & Associates
Florida
$12.6M +$8.1M +417,162 +208%
X
11
Xponance
Pennsylvania
$11M -$2.34M -120,360 -18%
WBG
12
Wharton Business Group
Pennsylvania
$9.82M +$18.6K +960 +0.2%
New York State Common Retirement Fund
13
New York State Common Retirement Fund
New York
$9.7M -$2.08M -106,878 -18%
LPL Financial
14
LPL Financial
California
$9.39M +$2.12M +109,344 +32%
BCM
15
BTR Capital Management
California
$7.38M -$1.04M -53,814 -13%
TRCT
16
Tower Research Capital (TRC)
New York
$6.36M +$6.05M +311,388 New
Citigroup
17
Citigroup
New York
$6.14M
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$5.65M +$3.73M +192,078 +227%
BAAM
19
Baker Avenue Asset Management
California
$5.15M -$811K -41,772 -14%
CA
20
Cumberland Advisors
Florida
$5.05M +$202K +10,410 +4%
Citadel Advisors
21
Citadel Advisors
Florida
$4.9M +$3.01M +155,070 +182%
BCI
22
Brinker Capital Investments
Pennsylvania
$4.71M
CS
23
Credit Suisse
Switzerland
$4.63M +$425K +21,894 +11%
SAM
24
Stringer Asset Management
Tennessee
$4.05M +$3.86M +198,618 New
BIT
25
BlackRock Institutional Trust
California
$3.73M +$3.54M +182,544 New

IHI Hedge Fund Activity: Q1 2016 in Review

88 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Medical Devices ETF (IHI) for Q1 2016, worth a combined $534M — up 25% from $428M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new IHI positions and 13 closed out — a net gain of 4 holders — while 32 added to existing stakes and 24 trimmed.

The largest buyer was Mirae Asset Global Investments, adding an estimated $37.4M. The largest seller was Goldman Sachs, cutting an estimated $17.2M.

  • 88 institutional investors held iShares US Medical Devices ETF (IHI) as of Q1 2016, up from 84 in Q4 2015.
  • Funds reported $534M of iShares US Medical Devices ETF stock for Q1 2016, up 25% quarter-over-quarter.
  • 17 funds opened new iShares US Medical Devices ETF positions in Q1 2016 and 13 closed out, a net change of +4 holders.
  • The largest iShares US Medical Devices ETF buyer in Q1 2016 was Mirae Asset Global Investments, an estimated $37.4M added.
  • The largest iShares US Medical Devices ETF seller in Q1 2016 was Goldman Sachs, an estimated $17.2M sold.

Based on aggregated 13F filings for Q1 2016.