iShares US Home Construction ETF
145 hedge funds and large institutions have $515M invested in iShares US Home Construction ETF in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 32 increasing their positions, 50 reducing their positions, and 39 closing their positions.
301% more call options, than puts
Call options by funds: $190M | Put options by funds: $47.3M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 39
3% less funds holding
Funds holding: 150 → 145 (-5)
18.89% less ownership
Funds ownership: 82.86% → 63.97% (-19%)
36% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 50
66% less capital inflows, than outflows
Capital inflows: $100M | Capital outflows: $289M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$13.1M |
| 2 |
Sandler Capital Management
New York
|
+$11.5M |
| 3 |
First Manhattan
New York
|
+$8.19M |
| 4 |
Mount Lucas Management
Newtown,
Pennsylvania
|
+$6.83M |
| 5 |
Luminus Management
Houston,
Texas
|
+$6.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$62.6M |
| 2 |
Morgan Stanley
New York
|
-$60M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$36.9M |
| 4 |
JP Morgan Chase
New York
|
-$28.4M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$24.7M |
ITB Hedge Fund Activity: Q4 2018 in Review
145 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q4 2018, worth a combined $515M — down 36% from $809M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ITB and 36 opened new positions — a net loss of 3 holders — while 50 trimmed existing stakes and 32 added.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $13.1M. The largest seller was Goldman Sachs, cutting an estimated $62.6M.
- 145 institutional investors held iShares US Home Construction ETF (ITB) as of Q4 2018, down from 150 in Q3 2018.
- Funds reported $515M of iShares US Home Construction ETF stock for Q4 2018, down 36% quarter-over-quarter.
- 36 funds opened new iShares US Home Construction ETF positions in Q4 2018 and 39 closed out, a net change of -3 holders.
- The largest iShares US Home Construction ETF buyer in Q4 2018 was Two Sigma Investments, an estimated $13.1M added.
- The largest iShares US Home Construction ETF seller in Q4 2018 was Goldman Sachs, an estimated $62.6M sold.
Based on aggregated 13F filings for Q4 2018.