iShares US Financials ETF
127 hedge funds and large institutions have $647M invested in iShares US Financials ETF in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 19 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
42% more capital invested
Capital invested by funds: $456M → $647M (+$191M)
34% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 32
13.61% more ownership
Funds ownership: 67.15% → 80.76% (+14%)
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% more funds holding
Funds holding: 126 → 127 (+1)
18% less call options, than puts
Call options by funds: $5.7M | Put options by funds: $6.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$83.4M |
| 2 |
AssetMark Inc
Concord,
California
|
+$53.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 4 |
Goldman Sachs
New York
|
+$17.1M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.8M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$13.5M |
| 3 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$13.4M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.98M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$3.58M |
IYF Hedge Fund Activity: Q1 2014 in Review
127 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2014, worth a combined $647M — up 42% from $456M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IYF positions and 19 closed out — a net gain of 1 holder — while 43 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $83.4M. The largest seller was Morgan Stanley, cutting an estimated $14.8M.
- 127 institutional investors held iShares US Financials ETF (IYF) as of Q1 2014, up from 126 in Q4 2013.
- Funds reported $647M of iShares US Financials ETF stock for Q1 2014, up 42% quarter-over-quarter.
- 20 funds opened new iShares US Financials ETF positions in Q1 2014 and 19 closed out, a net change of +1 holder.
- The largest iShares US Financials ETF buyer in Q1 2014 was Bank of America, an estimated $83.4M added.
- The largest iShares US Financials ETF seller in Q1 2014 was Morgan Stanley, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2014.