iShares US Home Construction ETF
186 hedge funds and large institutions have $457M invested in iShares US Home Construction ETF in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 46 increasing their positions, 62 reducing their positions, and 59 closing their positions.
10% less funds holding
Funds holding: 206 → 186 (-20)
26% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 62
27% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 59
28.55% less ownership
Funds ownership: 91.62% → 63.07% (-29%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
51% less capital invested
Capital invested by funds: $934M → $457M (-$477M)
78% less call options, than puts
Call options by funds: $36.7M | Put options by funds: $166M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$53.3M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$33.4M |
| 3 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$31.9M |
| 4 |
MTWSIF
Mivtachim The Workers Social Insurance Fund
Tel Aviv,
Israel
|
+$30.1M |
| 5 |
Two Sigma Advisers
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$106M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$59.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$53.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$50.3M |
| 5 |
SC
Sculptor Capital
New York
|
-$32.3M |
ITB Hedge Fund Activity: Q1 2020 in Review
186 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares US Home Construction ETF (ITB) for Q1 2020, worth a combined $457M — down 51% from $934M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of ITB and 43 opened new positions — a net loss of 16 holders — while 62 trimmed existing stakes and 46 added.
The largest buyer was Clal Insurance, opening a new position worth an estimated $53.3M. The largest seller was Goldman Sachs, cutting an estimated $106M.
- 186 institutional investors held iShares US Home Construction ETF (ITB) as of Q1 2020, down from 206 in Q4 2019.
- Funds reported $457M of iShares US Home Construction ETF stock for Q1 2020, down 51% quarter-over-quarter.
- 43 funds opened new iShares US Home Construction ETF positions in Q1 2020 and 59 closed out, a net change of -16 holders.
- The largest iShares US Home Construction ETF buyer in Q1 2020 was Clal Insurance, an estimated $53.3M added.
- The largest iShares US Home Construction ETF seller in Q1 2020 was Goldman Sachs, an estimated $106M sold.
Based on aggregated 13F filings for Q1 2020.