iShares Global Financials ETF
IXG
77 hedge funds and large institutions have $155M invested in iShares Global Financials ETF in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 18 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
8.69% less ownership
Funds ownership: 40% → 31.31% (-8.7%)
10% less funds holding
Funds holding: 86 → 77 (-9)
39% less capital invested
Capital invested by funds: $254M → $155M (-$99.5M)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$5.19M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.78M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$775K |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$737K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$719K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$19.1M |
| 2 |
Lazard Asset Management
New York
|
-$14.6M |
| 3 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$8.76M |
| 4 |
Morgan Stanley
New York
|
-$8.68M |
| 5 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$7.06M |
IXG Hedge Fund Activity: Q2 2018 in Review
77 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in iShares Global Financials ETF (IXG) for Q2 2018, worth a combined $155M — down 39% from $254M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of IXG and 9 opened new positions — a net loss of 9 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was Fidelity International, adding an estimated $5.19M. The largest seller was Bessemer Group, exiting entirely with an estimated $19.1M sold.
- 77 institutional investors held iShares Global Financials ETF (IXG) as of Q2 2018, down from 86 in Q1 2018.
- Funds reported $155M of iShares Global Financials ETF stock for Q2 2018, down 39% quarter-over-quarter.
- 9 funds opened new iShares Global Financials ETF positions in Q2 2018 and 18 closed out, a net change of -9 holders.
- The largest iShares Global Financials ETF buyer in Q2 2018 was Fidelity International, an estimated $5.19M added.
- The largest iShares Global Financials ETF seller in Q2 2018 was Bessemer Group, an estimated $19.1M sold.
Based on aggregated 13F filings for Q2 2018.