iShares US Financials ETF
219 hedge funds and large institutions have $1.24B invested in iShares US Financials ETF in 2018 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 77 increasing their positions, 56 reducing their positions, and 24 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 56
22% more capital invested
Capital invested by funds: $1.02B → $1.24B (+$222M)
6.5% more ownership
Funds ownership: 104.34% → 110.84% (+6.5%)
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
1% less funds holding
Funds holding: 221 → 219 (-2)
7% less call options, than puts
Call options by funds: $6.6M | Put options by funds: $7.1M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$96.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$82.8M |
| 3 |
SG Americas Securities
New York
|
+$49.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$19.6M |
| 5 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$13.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.1M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$10.2M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$7.34M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$6.91M |
IYF Hedge Fund Activity: Q1 2018 in Review
219 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2018, worth a combined $1.24B — up 22% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IYF positions and 24 closed out — a net gain of 1 holder — while 77 added to existing stakes and 56 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $96.4M. The largest seller was Quantitative Investment Management, exiting entirely with an estimated $13.7M sold.
- 219 institutional investors held iShares US Financials ETF (IYF) as of Q1 2018, down from 221 in Q4 2017.
- Funds reported $1.24B of iShares US Financials ETF stock for Q1 2018, up 22% quarter-over-quarter.
- 25 funds opened new iShares US Financials ETF positions in Q1 2018 and 24 closed out, a net change of +1 holder.
- The largest iShares US Financials ETF buyer in Q1 2018 was Bank of Montreal, an estimated $96.4M added.
- The largest iShares US Financials ETF seller in Q1 2018 was Quantitative Investment Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2018.