iShares US Financials ETF
150 hedge funds and large institutions have $733M invested in iShares US Financials ETF in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 51 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
43% more capital invested
Capital invested by funds: $513M → $733M (+$220M)
24.62% more ownership
Funds ownership: 83.42% → 108.04% (+25%)
6% more funds holding
Funds holding: 141 → 150 (+9)
22% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 51
38% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $4.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$85.2M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$61.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$20.9M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$20.6M |
| 5 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.18M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$3.94M |
| 4 |
JP Morgan Chase
New York
|
-$2.81M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$2.76M |
IYF Hedge Fund Activity: Q2 2016 in Review
150 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q2 2016, worth a combined $733M — up 43% from $513M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IYF positions and 10 closed out — a net gain of 11 holders — while 40 added to existing stakes and 51 trimmed.
The largest buyer was Bank of America, adding an estimated $85.2M. The largest seller was Fidelity Investments, cutting an estimated $11.6M.
- 150 institutional investors held iShares US Financials ETF (IYF) as of Q2 2016, up from 141 in Q1 2016.
- Funds reported $733M of iShares US Financials ETF stock for Q2 2016, up 43% quarter-over-quarter.
- 21 funds opened new iShares US Financials ETF positions in Q2 2016 and 10 closed out, a net change of +11 holders.
- The largest iShares US Financials ETF buyer in Q2 2016 was Bank of America, an estimated $85.2M added.
- The largest iShares US Financials ETF seller in Q2 2016 was Fidelity Investments, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2016.