iShares US Aerospace & Defense ETF
ITA
60 hedge funds and large institutions have $169M invested in iShares US Aerospace & Defense ETF in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
200% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 9
64% more capital invested
Capital invested by funds: $103M → $169M (+$66M)
30% more funds holding
Funds holding: 46 → 60 (+14)
16.54% more ownership
Funds ownership: 66.95% → 83.49% (+17%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$14M |
| 2 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
+$10.8M |
| 3 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
+$7.92M |
| 4 |
Jane Street
New York
|
+$4.63M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFS
Founders Financial Securities
Towson,
Maryland
|
-$2.86M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$1.61M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.18M |
| 4 |
JP Morgan Chase
New York
|
-$918K |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$606K |
ITA Hedge Fund Activity: Q1 2014 in Review
60 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares US Aerospace & Defense ETF (ITA) for Q1 2014, worth a combined $169M — up 64% from $103M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ITA positions and 3 closed out — a net gain of 14 holders — while 27 added to existing stakes and 9 trimmed.
The largest buyer was Churchill Management, opening a new position worth an estimated $14M. The largest seller was Founders Financial Securities, exiting entirely with an estimated $2.86M sold.
- 60 institutional investors held iShares US Aerospace & Defense ETF (ITA) as of Q1 2014, up from 46 in Q4 2013.
- Funds reported $169M of iShares US Aerospace & Defense ETF stock for Q1 2014, up 64% quarter-over-quarter.
- 17 funds opened new iShares US Aerospace & Defense ETF positions in Q1 2014 and 3 closed out, a net change of +14 holders.
- The largest iShares US Aerospace & Defense ETF buyer in Q1 2014 was Churchill Management, an estimated $14M added.
- The largest iShares US Aerospace & Defense ETF seller in Q1 2014 was Founders Financial Securities, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2014.