iShares US Home Construction ETF
137 hedge funds and large institutions have $784M invested in iShares US Home Construction ETF in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 26 closing their positions.
16% more capital invested
Capital invested by funds: $676M → $784M (+$107M)
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
2% more funds holding
Funds holding: 134 → 137 (+3)
2.75% less ownership
Funds ownership: 58.16% → 55.41% (-2.8%)
19% less call options, than puts
Call options by funds: $41.1M | Put options by funds: $50.5M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$85.8M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$24.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$24.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$20.4M |
| 5 |
Citigroup
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OC
Oakmont Corp
Los Angeles,
California
|
-$62.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$42M |
| 3 |
Goldman Sachs
New York
|
-$26.3M |
| 4 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$24.5M |
| 5 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$15.9M |
ITB Hedge Fund Activity: Q1 2017 in Review
137 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q1 2017, worth a combined $784M — up 16% from $676M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ITB positions and 26 closed out — a net gain of 4 holders — while 46 added to existing stakes and 40 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $85.8M. The largest seller was Oakmont Corp, exiting entirely with an estimated $62.3M sold.
- 137 institutional investors held iShares US Home Construction ETF (ITB) as of Q1 2017, up from 134 in Q4 2016.
- Funds reported $784M of iShares US Home Construction ETF stock for Q1 2017, up 16% quarter-over-quarter.
- 30 funds opened new iShares US Home Construction ETF positions in Q1 2017 and 26 closed out, a net change of +4 holders.
- The largest iShares US Home Construction ETF buyer in Q1 2017 was Morgan Stanley, an estimated $85.8M added.
- The largest iShares US Home Construction ETF seller in Q1 2017 was Oakmont Corp, an estimated $62.3M sold.
Based on aggregated 13F filings for Q1 2017.