iShares US Home Construction ETF
156 hedge funds and large institutions have $1.6B invested in iShares US Home Construction ETF in 2015 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 53 increasing their positions, 30 reducing their positions, and 26 closing their positions.
100% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 26
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
77% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 30
50% more call options, than puts
Call options by funds: $56.1M | Put options by funds: $37.3M
47% more capital invested
Capital invested by funds: $1.09B → $1.6B (+$508M)
17% more funds holding
Funds holding: 133 → 156 (+23)
0.26% more ownership
Funds ownership: 69.95% → 70.21% (+0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$98.7M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$76.7M |
| 3 |
PC
PointState Capital
New York
|
+$51.4M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$41.9M |
| 5 |
Morgan Stanley
New York
|
+$40.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
-$69M |
| 2 |
SG
Swarthmore Group
Philadelphia,
Pennsylvania
|
-$54M |
| 3 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
-$40.1M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$29M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$23.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
176
National Planning Corporation
El Segundo,
California
| – | -$228K | -8,785 | Closed |
|
177
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$61K | -2,360 | Closed |
|
|
VAM
178
Visionary Asset Management
Houston,
Texas
| – | -$22K | -845 | Closed |
|
|
WA
179
Waverly Advisors
Birmingham,
Alabama
| – | -$18K | -697 | Closed |
|
|
BRWA
180
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$8 | -300 | Closed |
|
|
IF
181
Ironwood Financial
Tucson,
Arizona
| – | -$5K | -175 | Closed |
|
|
GI
182
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -100 | Closed |
|
|
NMIS
183
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$1K | -57 | Closed |
|
ITB Hedge Fund Activity: Q1 2015 in Review
156 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q1 2015, worth a combined $1.6B — up 47% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ITB positions and 26 closed out — a net gain of 26 holders — while 53 added to existing stakes and 30 trimmed.
The largest buyer was Churchill Management, opening a new position worth an estimated $98.7M. The largest seller was Marketfield Asset Management, cutting an estimated $69M.
- 156 institutional investors held iShares US Home Construction ETF (ITB) as of Q1 2015, up from 133 in Q4 2014.
- Funds reported $1.6B of iShares US Home Construction ETF stock for Q1 2015, up 47% quarter-over-quarter.
- 52 funds opened new iShares US Home Construction ETF positions in Q1 2015 and 26 closed out, a net change of +26 holders.
- The largest iShares US Home Construction ETF buyer in Q1 2015 was Churchill Management, an estimated $98.7M added.
- The largest iShares US Home Construction ETF seller in Q1 2015 was Marketfield Asset Management, an estimated $69M sold.
Based on aggregated 13F filings for Q1 2015.