iShares Global Financials ETF
IXG
130 hedge funds and large institutions have $176M invested in iShares Global Financials ETF in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 57 reducing their positions, and 22 closing their positions.
7.09% more ownership
Funds ownership: 32.67% → 39.76% (+7.1%)
1% more capital invested
Capital invested by funds: $174M → $176M (+$1.92M)
6% less funds holding
Funds holding: 139 → 130 (-9)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
61% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$26.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.01M |
| 3 |
Jane Street
New York
|
+$3.81M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.71M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$13.3M |
| 2 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$12.3M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
-$4.61M |
| 4 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
-$2.3M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.26M |
IXG Hedge Fund Activity: Q1 2023 in Review
130 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Global Financials ETF (IXG) for Q1 2023, worth a combined $176M — up 1.1% from $174M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IXG and 17 opened new positions — a net loss of 5 holders — while 57 trimmed existing stakes and 22 added.
The largest buyer was Phoenix Financial, opening a new position worth an estimated $26.7M. The largest seller was Cambria Investment Management, exiting entirely with an estimated $13.3M sold.
- 130 institutional investors held iShares Global Financials ETF (IXG) as of Q1 2023, down from 139 in Q4 2022.
- Funds reported $176M of iShares Global Financials ETF stock for Q1 2023, up 1.1% quarter-over-quarter.
- 17 funds opened new iShares Global Financials ETF positions in Q1 2023 and 22 closed out, a net change of -5 holders.
- The largest iShares Global Financials ETF buyer in Q1 2023 was Phoenix Financial, an estimated $26.7M added.
- The largest iShares Global Financials ETF seller in Q1 2023 was Cambria Investment Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2023.