iShares US Financials ETF
141 hedge funds and large institutions have $513M invested in iShares US Financials ETF in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 59 reducing their positions, and 26 closing their positions.
8% less funds holding
Funds holding: 153 → 141 (-12)
31.26% less ownership
Funds ownership: 114.69% → 83.42% (-31%)
38% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 26
44% less capital invested
Capital invested by funds: $919M → $513M (-$406M)
47% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 59
61% less call options, than puts
Call options by funds: $2.36M | Put options by funds: $6.11M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.9M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.11M |
| 3 |
Goldman Sachs
New York
|
+$5.43M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.36M |
| 5 |
SG Americas Securities
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$79.2M |
| 2 |
AssetMark Inc
Concord,
California
|
-$67.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$44.4M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$29.6M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$24.1M |
IYF Hedge Fund Activity: Q1 2016 in Review
141 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2016, worth a combined $513M — down 44% from $919M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of IYF and 16 opened new positions — a net loss of 10 holders — while 59 trimmed existing stakes and 31 added.
The largest buyer was Morgan Stanley, adding an estimated $12.9M. The largest seller was Fidelity Investments, cutting an estimated $79.2M.
- 141 institutional investors held iShares US Financials ETF (IYF) as of Q1 2016, down from 153 in Q4 2015.
- Funds reported $513M of iShares US Financials ETF stock for Q1 2016, down 44% quarter-over-quarter.
- 16 funds opened new iShares US Financials ETF positions in Q1 2016 and 26 closed out, a net change of -10 holders.
- The largest iShares US Financials ETF buyer in Q1 2016 was Morgan Stanley, an estimated $12.9M added.
- The largest iShares US Financials ETF seller in Q1 2016 was Fidelity Investments, an estimated $79.2M sold.
Based on aggregated 13F filings for Q1 2016.