iShares US Financials ETF
457 hedge funds and large institutions have $2.58B invested in iShares US Financials ETF in 2025 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 182 increasing their positions, 116 reducing their positions, and 33 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 116
17% more capital inflows, than outflows
Capital inflows: $328M | Capital outflows: $280M
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
1.34% less ownership
Funds ownership: 64.23% → 62.89% (-1.3%)
2% less funds holding
Funds holding: 465 → 457 (-8)
59% less call options, than puts
Call options by funds: $2.3M | Put options by funds: $5.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$80.3M |
| 2 |
BlackRock
New York
|
+$58.4M |
| 3 |
Steward Partners Investment Advisory
New York
|
+$36M |
| 4 |
Dynasty Wealth Management
St. Petersburg,
Florida
|
+$33.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$119M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$77.5M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$17.2M |
| 4 |
Horizon Wealth Management
La Grange,
Illinois
|
-$13.4M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$6.2M |
IYF Hedge Fund Activity: Q3 2025 in Review
457 of the 7,661 institutional investors tracked by Wall St. Rank reported a position in iShares US Financials ETF (IYF) for Q3 2025, worth a combined $2.58B — up 6.2% from $2.43B a quarter earlier.
Fund positioning in IYF was balanced in Q3 2025: 33 funds opened new positions, 33 closed out, 182 added to existing stakes and 116 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $80.3M. The largest seller was Manulife (Manufacturers Life Insurance), exiting entirely with an estimated $119M sold.
- 457 institutional investors held iShares US Financials ETF (IYF) as of Q3 2025, down from 465 in Q2 2025.
- Funds reported $2.58B of iShares US Financials ETF stock for Q3 2025, up 6.2% quarter-over-quarter.
- 33 funds opened new iShares US Financials ETF positions in Q3 2025 and 33 closed out, a net change of 0 holders.
- The largest iShares US Financials ETF buyer in Q3 2025 was Bank of Montreal, an estimated $80.3M added.
- The largest iShares US Financials ETF seller in Q3 2025 was Manulife (Manufacturers Life Insurance), an estimated $119M sold.
Based on aggregated 13F filings for Q3 2025.