iShares US Home Construction ETF
125 hedge funds and large institutions have $905M invested in iShares US Home Construction ETF in 2013 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 17 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
27% more call options, than puts
Call options by funds: $104M | Put options by funds: $82.3M
25% more funds holding
Funds holding: 100 → 125 (+25)
17% more capital invested
Capital invested by funds: $774M → $905M (+$131M)
9.21% more ownership
Funds ownership: 43.52% → 52.73% (+9.2%)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
Top Buyers
| 1 |
MAM
Marketfield Asset Management
New York
|
+$68.6M |
| 2 |
Morgan Stanley
New York
|
+$30.9M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$23.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$15.1M |
| 5 |
PSUF
People's United Financial
Bridgeport,
Connecticut
|
+$12.3M |
Top Sellers
| 1 |
Citigroup
New York
|
-$101M |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
-$43.6M |
| 3 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
-$14.2M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$6.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.51M |
ITB Hedge Fund Activity: Q4 2013 in Review
125 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q4 2013, worth a combined $905M — up 17% from $774M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new ITB positions and 17 closed out — a net gain of 27 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Marketfield Asset Management, adding an estimated $68.6M. The largest seller was Citigroup, cutting an estimated $101M.
- 125 institutional investors held iShares US Home Construction ETF (ITB) as of Q4 2013, up from 100 in Q3 2013.
- Funds reported $905M of iShares US Home Construction ETF stock for Q4 2013, up 17% quarter-over-quarter.
- 44 funds opened new iShares US Home Construction ETF positions in Q4 2013 and 17 closed out, a net change of +27 holders.
- The largest iShares US Home Construction ETF buyer in Q4 2013 was Marketfield Asset Management, an estimated $68.6M added.
- The largest iShares US Home Construction ETF seller in Q4 2013 was Citigroup, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2013.