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iShares US Home Construction ETF

134 hedge funds and large institutions have $676M invested in iShares US Home Construction ETF in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 26 increasing their positions, 54 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more call options, than puts

Call options by funds: $18.6M | Put options by funds: $11.8M

39% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 23

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

4% more funds holding

Funds holding: 129134 (+5)

2.63% less ownership

Funds ownership: 60.79%58.16% (-2.6%)

13% less capital invested

Capital invested by funds: $775M → $676M (-$99.2M)

52% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 54

Holders
134
Holders Change
+5
Holders Change %
+3.88%
% of All Funds
3.35%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.17%
New
32
Increased
26
Reduced
54
Closed
23
Calls
$18.6M
Puts
$11.8M
Net Calls
+$6.84M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$63.9M +$10.1M +371,381 +19%
OC
2
Oakmont Corp
California
$62.3M +$61.6M +2,267,400 New
Morgan Stanley
3
Morgan Stanley
New York
$58M -$8.18M -301,321 -12%
MIM
4
Miller Investment Management
Pennsylvania
$44.2M -$257K -9,470 -0.6%
CS
5
Credit Suisse
Switzerland
$39.8M -$4.4M -162,053 -10%
UBS Group
6
UBS Group
Switzerland
$36.2M -$9.96M -366,752 -22%
JCM
7
Janney Capital Management
Pennsylvania
$33.6M -$2.18M -80,293 -6%
DC
8
Davenport & Co
Virginia
$30.6M -$360K -13,264 -1%
AllianceBernstein
9
AllianceBernstein
Tennessee
$29M -$319K -11,750 -1%
Bank of America
10
Bank of America
North Carolina
$28.3M -$4.72M -173,702 -14%
MIFH
11
Migdal Insurance & Financial Holdings
Israel
$22.8M -$66.2M -2,436,785 -75%
Citigroup
12
Citigroup
New York
$20.8M -$2.46M -90,522 -11%
GAMA
13
Graticule Asia Macro Advisors
New York
$15.9M +$15.8M +580,000 New
MAM
14
Marketfield Asset Management
New York
$14.2M -$4.64M -170,970 -25%
SCM
15
Sandler Capital Management
New York
$11.7M +$11.6M +426,200 New
PSUF
16
People's United Financial
Connecticut
$11.5M -$214K -7,887 -2%
CG
17
Colony Group
Massachusetts
$11.2M +$10.8M +399,465 +4,035%
Wells Fargo
18
Wells Fargo
California
$11.1M -$2.38M -87,801 -18%
MM
19
Main Management
California
$9.21M +$9.1M +335,189 New
CA
20
Cumberland Advisors
Florida
$7.38M +$1.06M +39,140 +17%
SG Americas Securities
21
SG Americas Securities
New York
$7.33M -$4.97M -183,110 -41%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$6.11M -$50.5K -1,859 -0.8%
SCM
23
SOL Capital Management
Maryland
$5.98M -$109K -4,000 -2%
N
24
Natixis
France
$5.5M
Capital Fund Management (CFM)
25
Capital Fund Management (CFM)
France
$5.18M -$1.26M -46,316 -20%

ITB Hedge Fund Activity: Q4 2016 in Review

134 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q4 2016, worth a combined $676M — down 13% from $775M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new ITB positions and 23 closed out — a net gain of 9 holders — while 26 added to existing stakes and 54 trimmed.

The largest buyer was Oakmont Corp, opening a new position worth an estimated $61.6M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $66.2M.

  • 134 institutional investors held iShares US Home Construction ETF (ITB) as of Q4 2016, up from 129 in Q3 2016.
  • Funds reported $676M of iShares US Home Construction ETF stock for Q4 2016, down 13% quarter-over-quarter.
  • 32 funds opened new iShares US Home Construction ETF positions in Q4 2016 and 23 closed out, a net change of +9 holders.
  • The largest iShares US Home Construction ETF buyer in Q4 2016 was Oakmont Corp, an estimated $61.6M added.
  • The largest iShares US Home Construction ETF seller in Q4 2016 was Migdal Insurance & Financial Holdings, an estimated $66.2M sold.

Based on aggregated 13F filings for Q4 2016.