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iShares US Home Construction ETF

104 hedge funds and large institutions have $1.02B invested in iShares US Home Construction ETF in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 40 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

194% more call options, than puts

Call options by funds: $130M | Put options by funds: $44.3M

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

8.88% more ownership

Funds ownership: 62.55%71.43% (+8.9%)

9% less capital invested

Capital invested by funds: $1.13B → $1.02B (-$104M)

18% less funds holding

Funds holding: 127104 (-23)

25% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 40

68% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 34

Holders
104
Holders Change
-23
Holders Change %
-18.11%
% of All Funds
3.02%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.17%
New
11
Increased
30
Reduced
40
Closed
34
Calls
$130M
Puts
$44.3M
Net Calls
+$86M
Net Calls Change
-$24.4M
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
1
Marketfield Asset Management
New York
$179M -$45.3M -1,925,757 -19%
LMIM
2
Lockheed Martin Investment Management
Maryland
$148M +$26.1M +1,109,223 +20%
CS
3
Credit Suisse
Switzerland
$57.7M +$92.7K +3,947 +0.2%
Morgan Stanley
4
Morgan Stanley
New York
$51.5M +$33.4M +1,421,124 +164%
MIM
5
Miller Investment Management
Pennsylvania
$45.2M +$18.7M +796,129 +66%
SG
6
Swarthmore Group
Pennsylvania
$43.7M +$12.7M +540,700 +39%
NYLIM
7
New York Life Investment Management
New York
$43.5M +$10.9M +461,771 +31%
Bank of America
8
Bank of America
North Carolina
$40M -$14M -597,464 -25%
Citigroup
9
Citigroup
New York
$39.7M +$20.6M +878,095 +99%
FIG
10
Fortress Investment Group
New York
$39.3M +$4.77M +202,900 +13%
Bessemer Group
11
Bessemer Group
New Jersey
$36.4M +$7.05M +300,000 +23%
Goldman Sachs
12
Goldman Sachs
New York
$34.4M +$29M +1,235,062 +422%
U
13
UBS
Switzerland
$26.4M -$132K -5,601 -0.5%
LPL Financial
14
LPL Financial
California
$25.1M -$2.44M -104,032 -8%
CCMH
15
Cornerstone Capital Management Holdings
New York
$20M +$4.18M +177,787 +25%
JP Morgan Chase
16
JP Morgan Chase
New York
$16.7M +$11.5M +487,837 +190%
Citadel Advisors
17
Citadel Advisors
Florida
$16.6M -$231K -9,811 -1%
AssetMark Inc
18
AssetMark Inc
California
$16M -$460K -19,564 -3%
PI
19
Putnam Investments
Massachusetts
$14.8M -$13.1M -558,600 -46%
Wells Fargo
20
Wells Fargo
California
$11.7M -$1.17M -49,997 -9%
PSUF
21
People's United Financial
Connecticut
$11.4M -$10.3K -437 -0.1%
BG
22
BlackRock Group
United Kingdom
$10.9M
RIG
23
RiverFront Investment Group
Virginia
$10.5M +$66.8K +2,844 +0.6%
HSBC Holdings
24
HSBC Holdings
United Kingdom
$9.02M -$851K -36,200 -8%
CM
25
Castleark Management
Illinois
$7.7M +$7.47M +318,000 New

ITB Hedge Fund Activity: Q3 2014 in Review

104 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q3 2014, worth a combined $1.02B — down 9.2% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of ITB and 11 opened new positions — a net loss of 23 holders — while 40 trimmed existing stakes and 30 added.

The largest buyer was Morgan Stanley, adding an estimated $33.4M. The largest seller was Impala Asset Management, exiting entirely with an estimated $46.8M sold.

  • 104 institutional investors held iShares US Home Construction ETF (ITB) as of Q3 2014, down from 127 in Q2 2014.
  • Funds reported $1.02B of iShares US Home Construction ETF stock for Q3 2014, down 9.2% quarter-over-quarter.
  • 11 funds opened new iShares US Home Construction ETF positions in Q3 2014 and 34 closed out, a net change of -23 holders.
  • The largest iShares US Home Construction ETF buyer in Q3 2014 was Morgan Stanley, an estimated $33.4M added.
  • The largest iShares US Home Construction ETF seller in Q3 2014 was Impala Asset Management, an estimated $46.8M sold.

Based on aggregated 13F filings for Q3 2014.