iShares Morningstar Growth ETF
ILCG
84 hedge funds and large institutions have $345M invested in iShares Morningstar Growth ETF in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
2% more funds holding
Funds holding: 82 → 84 (+2)
1.4% more ownership
Funds ownership: 207.13% → 208.53% (+1.4%)
2% less capital invested
Capital invested by funds: $353M → $345M (-$8.74M)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
+$4.78M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.14M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.93M |
| 5 |
Axa
Paris,
France
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Noven Financial Group
Denver,
Colorado
|
-$17.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.82M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$2.31M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.04M |
| 5 |
UFA
US Financial Advisors
Braintree,
Massachusetts
|
-$2.03M |
ILCG Hedge Fund Activity: Q1 2016 in Review
84 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in iShares Morningstar Growth ETF (ILCG) for Q1 2016, worth a combined $345M — down 2.5% from $353M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ILCG positions and 11 closed out — a net gain of 2 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Baystate Wealth Management, adding an estimated $4.78M. The largest seller was Noven Financial Group, exiting entirely with an estimated $17.3M sold.
- 84 institutional investors held iShares Morningstar Growth ETF (ILCG) as of Q1 2016, up from 82 in Q4 2015.
- Funds reported $345M of iShares Morningstar Growth ETF stock for Q1 2016, down 2.5% quarter-over-quarter.
- 13 funds opened new iShares Morningstar Growth ETF positions in Q1 2016 and 11 closed out, a net change of +2 holders.
- The largest iShares Morningstar Growth ETF buyer in Q1 2016 was Baystate Wealth Management, an estimated $4.78M added.
- The largest iShares Morningstar Growth ETF seller in Q1 2016 was Noven Financial Group, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2016.