iShares US Consumer Discretionary ETF
74 hedge funds and large institutions have $327M invested in iShares US Consumer Discretionary ETF in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 13 closing their positions.
5% more capital invested
Capital invested by funds: $312M → $327M (+$14.9M)
0.14% more ownership
Funds ownership: 234.16% → 234.3% (+0.14%)
3% less funds holding
Funds holding: 76 → 74 (-2)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$36.5M |
| 2 |
Goldman Sachs
New York
|
+$5.24M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.57M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$3.51M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$14.3M |
| 2 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$12.4M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$9.31M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$8.6M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
-$7.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QA
76
Quantitative Advantage
Minnetonka,
Minnesota
| – | -$9.31M | -306,672 | Closed |
|
|
VC
77
Vicus Capital
State College,
Pennsylvania
| – | -$3.12M | -102,824 | Closed |
|
78
SG Americas Securities
New York
| – | -$1.86M | -61,400 | Closed |
|
|
BAAM
79
Baker Avenue Asset Management
San Francisco,
California
| – | -$1.27M | -41,960 | Closed |
|
|
AI
80
Atria Investments
Charlotte,
North Carolina
| – | -$948K | -31,236 | Closed |
|
|
WA
81
WESPAC Advisors
Orinda,
California
| – | -$853K | -28,092 | Closed |
|
|
FAAS
82
First Allied Advisory Services
San Diego,
California
| – | -$651K | -21,532 | Closed |
|
83
CIBC World Market
Toronto,
Ontario, Canada
| – | -$646K | -21,280 | Closed |
|
|
HTC
84
Haverford Trust Company
Radnor,
Pennsylvania
| – | -$510K | -16,800 | Closed |
|
85
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$429K | -14,136 | Closed |
|
|
WRM
86
Westport Resources Management
Westport,
Connecticut
| – | -$78K | -2,580 | Closed |
|
|
JIR
87
James Investment Research
Alpha,
Ohio
| – | -$44K | -1,460 | Closed |
|
IYC Hedge Fund Activity: Q1 2014 in Review
74 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares US Consumer Discretionary ETF (IYC) for Q1 2014, worth a combined $327M — up 4.8% from $312M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of IYC and 11 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 24 added.
The largest buyer was BlackRock Investment Management, opening a new position worth an estimated $36.5M. The largest seller was LPL Financial, cutting an estimated $14.3M.
- 74 institutional investors held iShares US Consumer Discretionary ETF (IYC) as of Q1 2014, down from 76 in Q4 2013.
- Funds reported $327M of iShares US Consumer Discretionary ETF stock for Q1 2014, up 4.8% quarter-over-quarter.
- 11 funds opened new iShares US Consumer Discretionary ETF positions in Q1 2014 and 13 closed out, a net change of -2 holders.
- The largest iShares US Consumer Discretionary ETF buyer in Q1 2014 was BlackRock Investment Management, an estimated $36.5M added.
- The largest iShares US Consumer Discretionary ETF seller in Q1 2014 was LPL Financial, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2014.