iShares US Financials ETF
195 hedge funds and large institutions have $873M invested in iShares US Financials ETF in 2017 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 68 increasing their positions, 53 reducing their positions, and 19 closing their positions.
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
28% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 53
3% more funds holding
Funds holding: 190 → 195 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $887M → $873M (-$14.6M)
7% less call options, than puts
Call options by funds: $1.51M | Put options by funds: $1.62M
2.97% less ownership
Funds ownership: 99.67% → 96.7% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$91.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$27.5M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$8.98M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$8.67M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$39.7M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$20.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$12M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.88M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$6.81M |
IYF Hedge Fund Activity: Q1 2017 in Review
195 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2017, worth a combined $873M — down 1.7% from $887M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new IYF positions and 19 closed out — a net gain of 10 holders — while 68 added to existing stakes and 53 trimmed.
The largest buyer was BlackRock, adding an estimated $91.6M. The largest seller was Pictet Asset Management (UK), cutting an estimated $39.7M.
- 195 institutional investors held iShares US Financials ETF (IYF) as of Q1 2017, up from 190 in Q4 2016.
- Funds reported $873M of iShares US Financials ETF stock for Q1 2017, down 1.7% quarter-over-quarter.
- 29 funds opened new iShares US Financials ETF positions in Q1 2017 and 19 closed out, a net change of +10 holders.
- The largest iShares US Financials ETF buyer in Q1 2017 was BlackRock, an estimated $91.6M added.
- The largest iShares US Financials ETF seller in Q1 2017 was Pictet Asset Management (UK), an estimated $39.7M sold.
Based on aggregated 13F filings for Q1 2017.