iShares US Home Construction ETF
145 hedge funds and large institutions have $960M invested in iShares US Home Construction ETF in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 27 increasing their positions, 70 reducing their positions, and 36 closing their positions.
79% more call options, than puts
Call options by funds: $28.6M | Put options by funds: $16M
9% less funds holding
Funds holding: 159 → 145 (-14)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
39% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 36
61% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 70
81% less capital inflows, than outflows
Capital inflows: $70.9M | Capital outflows: $381M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Suisse
Zurich,
Switzerland
|
+$19.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$12.3M |
| 3 |
SCM
Sandler Capital Management
New York
|
+$5.83M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$4.92M |
| 5 |
VF
Virtu Financial
New York
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$72.9M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$35.6M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$28.6M |
| 4 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$20.1M |
| 5 |
Brinker Capital
Berwyn,
Pennsylvania
|
-$17.8M |
ITB Hedge Fund Activity: Q1 2016 in Review
145 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q1 2016, worth a combined $960M — down 26% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of ITB and 22 opened new positions — a net loss of 14 holders — while 70 trimmed existing stakes and 27 added.
The largest buyer was Credit Suisse, adding an estimated $19.1M. The largest seller was Morgan Stanley, cutting an estimated $72.9M.
- 145 institutional investors held iShares US Home Construction ETF (ITB) as of Q1 2016, down from 159 in Q4 2015.
- Funds reported $960M of iShares US Home Construction ETF stock for Q1 2016, down 26% quarter-over-quarter.
- 22 funds opened new iShares US Home Construction ETF positions in Q1 2016 and 36 closed out, a net change of -14 holders.
- The largest iShares US Home Construction ETF buyer in Q1 2016 was Credit Suisse, an estimated $19.1M added.
- The largest iShares US Home Construction ETF seller in Q1 2016 was Morgan Stanley, an estimated $72.9M sold.
Based on aggregated 13F filings for Q1 2016.