iShares US Financials ETF
291 hedge funds and large institutions have $895M invested in iShares US Financials ETF in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 86 increasing their positions, 109 reducing their positions, and 42 closing their positions.
237% more call options, than puts
Call options by funds: $3.04M | Put options by funds: $903K
0.62% less ownership
Funds ownership: 49.95% → 49.34% (-0.62%)
9% less funds holding
Funds holding: 320 → 291 (-29)
11% less capital invested
Capital invested by funds: $1B → $895M (-$106M)
21% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 109
55% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 42
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$9.52M |
| 2 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
+$5.67M |
| 3 |
WT
Washington Trust
Westerly,
Rhode Island
|
+$4.68M |
| 4 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$4.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$17.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.85M |
| 3 |
Morgan Stanley
New York
|
-$5.66M |
| 4 |
TBC
Ted Buchan & Co
San Diego,
California
|
-$5.37M |
| 5 |
MFG
Marmo Financial Group
Johnson City,
Tennessee
|
-$5.3M |
IYF Hedge Fund Activity: Q1 2023 in Review
291 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q1 2023, worth a combined $895M — down 11% from $1B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of IYF and 19 opened new positions — a net loss of 23 holders — while 109 trimmed existing stakes and 86 added.
The largest buyer was Fisher Asset Management, adding an estimated $9.52M. The largest seller was 1832 Asset Management, cutting an estimated $17.3M.
- 291 institutional investors held iShares US Financials ETF (IYF) as of Q1 2023, down from 320 in Q4 2022.
- Funds reported $895M of iShares US Financials ETF stock for Q1 2023, down 11% quarter-over-quarter.
- 19 funds opened new iShares US Financials ETF positions in Q1 2023 and 42 closed out, a net change of -23 holders.
- The largest iShares US Financials ETF buyer in Q1 2023 was Fisher Asset Management, an estimated $9.52M added.
- The largest iShares US Financials ETF seller in Q1 2023 was 1832 Asset Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2023.