iShares US Financial Services ETF
205 hedge funds and large institutions have $718M invested in iShares US Financial Services ETF in 2020 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 32 increasing their positions, 92 reducing their positions, and 55 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
7% less funds holding
Funds holding: 221 → 205 (-16)
18% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 55
47% less capital invested
Capital invested by funds: $1.37B → $718M (-$649M)
56.1% less ownership
Funds ownership: 233.1% → 177% (-56%)
65% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$4.32M |
| 2 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$2.7M |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$2.53M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.43M |
| 5 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$366M |
| 2 |
LPL Financial
San Diego,
California
|
-$58.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$48.1M |
| 4 |
Morgan Stanley
New York
|
-$42.2M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$36.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFD
251
Creative Financial Designs
Kokomo,
Indiana
| – | -$48K | -1,182 | Closed |
|
|
NNP
252
Nachman Norwood & Parrott
Greenville,
South Carolina
| – | -$46K | -1,125 | Closed |
|
|
GRP
253
Global Retirement Partners
San Rafael,
California
| – | -$26K | -645 | Closed |
|
|
JSC
254
Jackson Square Capital
San Francisco,
California
| – | -$20K | -483 | Closed |
|
|
MPWT
255
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$18K | -450 | Closed |
|
256
Simplex Trading
Chicago,
Illinois
| – | -$12K | -300 | Closed |
|
|
RG
257
Retirement Group
San Diego,
California
| – | -$9K | -210 | Closed |
|
|
AWM
258
Avior Wealth Management
Omaha,
Nebraska
| – | -$3K | -96 | Closed |
|
|
CWC
259
Carolinas Wealth Consulting
Charlotte,
North Carolina
| – | -$4K | -87 | Closed |
|
|
PFA
260
Professional Financial Advisors
North Platte,
Nebraska
| – | -$3K | -87 | Closed |
|
IYG Hedge Fund Activity: Q4 2020 in Review
205 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2020, worth a combined $718M — down 47% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of IYG and 45 opened new positions — a net loss of 10 holders — while 92 trimmed existing stakes and 32 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $4.32M. The largest seller was Envestnet Asset Management, cutting an estimated $366M.
- 205 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2020, down from 221 in Q3 2020.
- Funds reported $718M of iShares US Financial Services ETF stock for Q4 2020, down 47% quarter-over-quarter.
- 45 funds opened new iShares US Financial Services ETF positions in Q4 2020 and 55 closed out, a net change of -10 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2020 was Northwestern Mutual Wealth Management, an estimated $4.32M added.
- The largest iShares US Financial Services ETF seller in Q4 2020 was Envestnet Asset Management, an estimated $366M sold.
Based on aggregated 13F filings for Q4 2020.