iShares US Financials ETF
465 hedge funds and large institutions have $2.43B invested in iShares US Financials ETF in 2025 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 136 increasing their positions, 133 reducing their positions, and 23 closing their positions.
204% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 23
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
9% more funds holding
Funds holding: 426 → 465 (+39)
1.59% more ownership
Funds ownership: 62.63% → 64.23% (+1.6%)
2% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 133
13% less capital inflows, than outflows
Capital inflows: $357M | Capital outflows: $411M
43% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $5.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$41M |
| 2 |
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$31.9M |
| 3 |
JP Morgan Chase
New York
|
+$28.7M |
| 4 |
Sagespring Wealth Partners
Franklin,
Tennessee
|
+$24.9M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$173M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$66M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$58.1M |
| 4 |
Goldman Sachs
New York
|
-$26.6M |
| 5 |
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
-$8.09M |
IYF Hedge Fund Activity: Q2 2025 in Review
465 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q2 2025, worth a combined $2.43B — up 4.5% from $2.33B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new IYF positions and 23 closed out — a net gain of 47 holders — while 136 added to existing stakes and 133 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $41M. The largest seller was Fidelity International, exiting entirely with an estimated $173M sold.
- 465 institutional investors held iShares US Financials ETF (IYF) as of Q2 2025, up from 426 in Q1 2025.
- Funds reported $2.43B of iShares US Financials ETF stock for Q2 2025, up 4.5% quarter-over-quarter.
- 70 funds opened new iShares US Financials ETF positions in Q2 2025 and 23 closed out, a net change of +47 holders.
- The largest iShares US Financials ETF buyer in Q2 2025 was Two Sigma Investments, an estimated $41M added.
- The largest iShares US Financials ETF seller in Q2 2025 was Fidelity International, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2025.