iShares US Home Construction ETF
150 hedge funds and large institutions have $809M invested in iShares US Home Construction ETF in 2018 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 30 increasing their positions, 56 reducing their positions, and 35 closing their positions.
119% more call options, than puts
Call options by funds: $261M | Put options by funds: $119M
4.09% more ownership
Funds ownership: 78.77% → 82.86% (+4.1%)
9% less funds holding
Funds holding: 164 → 150 (-14)
16% less capital invested
Capital invested by funds: $962M → $809M (-$153M)
40% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 35
46% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 56
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$36.2M |
| 2 |
JP Morgan Chase
New York
|
+$30.9M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$24.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$13.1M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$63.4M |
| 2 |
Morgan Stanley
New York
|
-$56.5M |
| 3 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
-$16.9M |
| 4 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$13.2M |
| 5 |
MM
Main Management
San Francisco,
California
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRC
176
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$76K | -2,004 | Closed |
|
|
CLOS
177
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$60K | -1,570 | Closed |
|
|
JG
178
Jefferies Group
New York
| – | -$34K | -900 | Closed |
|
179
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$20K | -526 | Closed |
|
|
BWM
180
Baystate Wealth Management
Boston,
Massachusetts
| – | -$19K | -501 | Closed |
|
|
B
181
Bridgeworth
Birmingham,
Alabama
| – | -$16K | -444 | Closed |
|
|
PO
182
Private Ocean
San Rafael,
California
| – | -$15K | -395 | Closed |
|
183
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$14K | -373 | Closed |
|
|
CF
184
Centaurus Financial
Anaheim,
California
| – | -$14K | -370 | Closed |
|
185
BlackRock
New York
| – | -$303 | -8 | Closed |
|
ITB Hedge Fund Activity: Q3 2018 in Review
150 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q3 2018, worth a combined $809M — down 16% from $962M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ITB and 21 opened new positions — a net loss of 14 holders — while 56 trimmed existing stakes and 30 added.
The largest buyer was Goldman Sachs, adding an estimated $36.2M. The largest seller was UBS Group, cutting an estimated $63.4M.
- 150 institutional investors held iShares US Home Construction ETF (ITB) as of Q3 2018, down from 164 in Q2 2018.
- Funds reported $809M of iShares US Home Construction ETF stock for Q3 2018, down 16% quarter-over-quarter.
- 21 funds opened new iShares US Home Construction ETF positions in Q3 2018 and 35 closed out, a net change of -14 holders.
- The largest iShares US Home Construction ETF buyer in Q3 2018 was Goldman Sachs, an estimated $36.2M added.
- The largest iShares US Home Construction ETF seller in Q3 2018 was UBS Group, an estimated $63.4M sold.
Based on aggregated 13F filings for Q3 2018.