BlackRock US Industry Rotation ETF
INRO
8 hedge funds and large institutions have $18.8M invested in BlackRock US Industry Rotation ETF in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more capital invested
Capital invested by funds: $16.5M → $18.8M (+$2.35M)
6.96% less ownership
Funds ownership: 92.54% → 85.59% (-7%)
20% less funds holding
Funds holding: 10 → 8 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPAS
Spectrum Planning & Advisory Services
San Diego,
California
|
+$3.83M |
| 2 |
SP
Stonebrook Private
Northville,
Michigan
|
+$341K |
| 3 |
EL
EQ LLC
Bellevue,
Washington
|
+$199K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$8.45K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
+$4.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$432K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$385K |
| 3 |
VHAM
Van Hulzen Asset Management
El Dorado Hills,
California
|
-$39.6K |
| 4 |
Morgan Stanley
New York
|
-$8.83K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SP
1
Stonebrook Private
Northville,
Michigan
| $9.13M | +$341K | +12,296 | +4% |
|
2
BlackRock
New York
| $5.23M | – | – | – |
|
|
SPAS
3
Spectrum Planning & Advisory Services
San Diego,
California
| $3.61M | +$3.83M | +138,078 | New |
|
|
EL
4
EQ LLC
Bellevue,
Washington
| $805K | +$199K | +7,167 | +30% |
|
|
5
UBS Group
Zurich,
Switzerland
| $8.55K | -$7.21K | -260 | -44% |
|
|
6
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | +$8.45K | +305 | New |
|
|
SS
7
Sunbelt Securities
Houston,
Texas
| $7.98K | +$4.96K | +179 | +142% |
|
|
PA
8
Parallel Advisors
San Francisco,
California
| $1.1K | +$1.16K | +42 | New |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$432K | -15,545 | Closed |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$385K | -13,852 | Closed |
|
|
VHAM
11
Van Hulzen Asset Management
El Dorado Hills,
California
| – | -$39.6K | -1,425 | Closed |
|
|
12
Morgan Stanley
New York
| – | -$8.83K | -318 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$56 | -2 | Closed |
|
INRO Hedge Fund Activity: Q1 2025 in Review
8 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock US Industry Rotation ETF (INRO) for Q1 2025, worth a combined $18.8M — up 14% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of INRO and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.
The largest buyer was Spectrum Planning & Advisory Services, opening a new position worth an estimated $3.83M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $432K sold.
- 8 institutional investors held BlackRock US Industry Rotation ETF (INRO) as of Q1 2025, down from 10 in Q4 2024.
- Funds reported $18.8M of BlackRock US Industry Rotation ETF stock for Q1 2025, up 14% quarter-over-quarter.
- 3 funds opened new BlackRock US Industry Rotation ETF positions in Q1 2025 and 5 closed out, a net change of -2 holders.
- The largest BlackRock US Industry Rotation ETF buyer in Q1 2025 was Spectrum Planning & Advisory Services, an estimated $3.83M added.
- The largest BlackRock US Industry Rotation ETF seller in Q1 2025 was Susquehanna International Group, an estimated $432K sold.
Based on aggregated 13F filings for Q1 2025.