iShares Micro-Cap ETF
130 hedge funds and large institutions have $593M invested in iShares Micro-Cap ETF in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 21 closing their positions.
28% more capital invested
Capital invested by funds: $462M → $593M (+$131M)
28% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 40
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2.92% more ownership
Funds ownership: 51.42% → 54.34% (+2.9%)
4% less funds holding
Funds holding: 136 → 130 (-6)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
64% less call options, than puts
Call options by funds: $711K | Put options by funds: $1.96M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$70.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$11.4M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$8.53M |
| 4 |
Goldman Sachs
New York
|
+$7.8M |
| 5 |
Morgan Stanley
New York
|
+$6.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$13.5M |
| 2 |
JG
Jefferies Group
New York
|
-$11.9M |
| 3 |
TCM
Twele Capital Management
Minnetonka,
Minnesota
|
-$4.44M |
| 4 |
TC
Telemus Capital
Southfield,
Michigan
|
-$4.42M |
| 5 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$3.98M |
IWC Hedge Fund Activity: Q1 2014 in Review
130 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares Micro-Cap ETF (IWC) for Q1 2014, worth a combined $593M — up 28% from $462M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IWC and 15 opened new positions — a net loss of 6 holders — while 40 trimmed existing stakes and 51 added.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $70.6M. The largest seller was JP Morgan Chase, cutting an estimated $13.5M.
- 130 institutional investors held iShares Micro-Cap ETF (IWC) as of Q1 2014, down from 136 in Q4 2013.
- Funds reported $593M of iShares Micro-Cap ETF stock for Q1 2014, up 28% quarter-over-quarter.
- 15 funds opened new iShares Micro-Cap ETF positions in Q1 2014 and 21 closed out, a net change of -6 holders.
- The largest iShares Micro-Cap ETF buyer in Q1 2014 was RiverFront Investment Group, an estimated $70.6M added.
- The largest iShares Micro-Cap ETF seller in Q1 2014 was JP Morgan Chase, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2014.