iShares US Financials ETF
142 hedge funds and large institutions have $784M invested in iShares US Financials ETF in 2015 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 57 reducing their positions, and 35 closing their positions.
216% more call options, than puts
Call options by funds: $1.86M | Put options by funds: $589K
2.95% less ownership
Funds ownership: 128.81% → 125.87% (-2.9%)
13% less funds holding
Funds holding: 163 → 142 (-21)
28% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 57
41% less capital invested
Capital invested by funds: $1.34B → $784M (-$552M)
54% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 35
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$42.1M |
| 2 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$15.2M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$10.4M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.79M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$165M |
| 2 |
AssetMark Inc
Concord,
California
|
-$91.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$86.5M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$86.4M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$21M |
IYF Hedge Fund Activity: Q1 2015 in Review
142 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2015, worth a combined $784M — down 41% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of IYF and 16 opened new positions — a net loss of 19 holders — while 57 trimmed existing stakes and 41 added.
The largest buyer was BlackRock Advisors, adding an estimated $42.1M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $165M sold.
- 142 institutional investors held iShares US Financials ETF (IYF) as of Q1 2015, down from 163 in Q4 2014.
- Funds reported $784M of iShares US Financials ETF stock for Q1 2015, down 41% quarter-over-quarter.
- 16 funds opened new iShares US Financials ETF positions in Q1 2015 and 35 closed out, a net change of -19 holders.
- The largest iShares US Financials ETF buyer in Q1 2015 was BlackRock Advisors, an estimated $42.1M added.
- The largest iShares US Financials ETF seller in Q1 2015 was F-Squared Investment Management, an estimated $165M sold.
Based on aggregated 13F filings for Q1 2015.