iShares US Financials ETF
131 hedge funds and large institutions have $720M invested in iShares US Financials ETF in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 35
26% more call options, than puts
Call options by funds: $7.85M | Put options by funds: $6.24M
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
2.26% more ownership
Funds ownership: 109.9% → 112.16% (+2.3%)
1% more funds holding
Funds holding: 130 → 131 (+1)
7% less capital invested
Capital invested by funds: $777M → $720M (-$56.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$26.5M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$24.9M |
| 3 |
LPL Financial
San Diego,
California
|
+$24.3M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$11.3M |
| 5 |
AssetMark Inc
Concord,
California
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$72.6M |
| 2 |
Morgan Stanley
New York
|
-$32.8M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$23.5M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.2M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.3M |
IYF Hedge Fund Activity: Q3 2014 in Review
131 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q3 2014, worth a combined $720M — down 7.3% from $777M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new IYF positions and 10 closed out — a net gain of 1 holder — while 47 added to existing stakes and 35 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $26.5M. The largest seller was BlackRock Investment Management, cutting an estimated $72.6M.
- 131 institutional investors held iShares US Financials ETF (IYF) as of Q3 2014, up from 130 in Q2 2014.
- Funds reported $720M of iShares US Financials ETF stock for Q3 2014, down 7.3% quarter-over-quarter.
- 11 funds opened new iShares US Financials ETF positions in Q3 2014 and 10 closed out, a net change of +1 holder.
- The largest iShares US Financials ETF buyer in Q3 2014 was Envestnet Asset Management, an estimated $26.5M added.
- The largest iShares US Financials ETF seller in Q3 2014 was BlackRock Investment Management, an estimated $72.6M sold.
Based on aggregated 13F filings for Q3 2014.