iShares US Aerospace & Defense ETF
65 hedge funds and large institutions have $215M invested in iShares US Aerospace & Defense ETF in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 13 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
3.4% less ownership
Funds ownership: 83.27% → 79.86% (-3.4%)
4% less funds holding
Funds holding: 68 → 65 (-3)
15% less capital invested
Capital invested by funds: $252M → $215M (-$37.8M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Chanos & Company
New York
|
+$6.71M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.02M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.74M |
| 4 |
SFI
SPC Financial Inc
Rockville,
Maryland
|
+$3.95M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
-$25M |
| 2 |
Jane Street
New York
|
-$8.1M |
| 3 |
Citigroup
New York
|
-$6M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.6M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$4.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -58 | Closed |
|
|
CCS
77
Crosspoint Capital Strategies
Orinda,
California
| – | -$2K | -30 | Closed |
|
ITA Hedge Fund Activity: Q2 2015 in Review
65 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in iShares US Aerospace & Defense ETF (ITA) for Q2 2015, worth a combined $215M — down 15% from $252M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ITA positions and 13 closed out — a net gain of 1 holder — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Chanos & Company, opening a new position worth an estimated $6.71M. The largest seller was Sandler Capital Management, exiting entirely with an estimated $25M sold.
- 65 institutional investors held iShares US Aerospace & Defense ETF (ITA) as of Q2 2015, down from 68 in Q1 2015.
- Funds reported $215M of iShares US Aerospace & Defense ETF stock for Q2 2015, down 15% quarter-over-quarter.
- 14 funds opened new iShares US Aerospace & Defense ETF positions in Q2 2015 and 13 closed out, a net change of +1 holder.
- The largest iShares US Aerospace & Defense ETF buyer in Q2 2015 was Chanos & Company, an estimated $6.71M added.
- The largest iShares US Aerospace & Defense ETF seller in Q2 2015 was Sandler Capital Management, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2015.