iShares Global Financials ETF
IXG
46 hedge funds and large institutions have $57.4M invested in iShares Global Financials ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 8 closing their positions.
4% less funds holding
Funds holding: 48 → 46 (-2)
7.39% less ownership
Funds ownership: 26.05% → 18.66% (-7.4%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
29% less capital invested
Capital invested by funds: $81.4M → $57.4M (-$24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.01M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.68M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$894K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$452K |
| 5 |
Jane Street
New York
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$26.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.99M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.47M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$1.15M |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
-$814K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -221 | Closed |
|
|
GI
52
Gradient Investments
Arden Hills,
Minnesota
| – | -$8K | -140 | Closed |
|
|
HR
53
Howe & Rusling
Rochester,
New York
| – | -$3K | -55 | Closed |
|
|
JG
54
Jefferies Group
New York
| – | -$1K | -15 | Closed |
|
IXG Hedge Fund Activity: Q1 2014 in Review
46 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares Global Financials ETF (IXG) for Q1 2014, worth a combined $57.4M — down 29% from $81.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IXG and 6 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $5.01M. The largest seller was SG Americas Securities, cutting an estimated $26.6M.
- 46 institutional investors held iShares Global Financials ETF (IXG) as of Q1 2014, down from 48 in Q4 2013.
- Funds reported $57.4M of iShares Global Financials ETF stock for Q1 2014, down 29% quarter-over-quarter.
- 6 funds opened new iShares Global Financials ETF positions in Q1 2014 and 8 closed out, a net change of -2 holders.
- The largest iShares Global Financials ETF buyer in Q1 2014 was Bank of America, an estimated $5.01M added.
- The largest iShares Global Financials ETF seller in Q1 2014 was SG Americas Securities, an estimated $26.6M sold.
Based on aggregated 13F filings for Q1 2014.