iShares US Financial Services ETF
232 hedge funds and large institutions have $767M invested in iShares US Financial Services ETF in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 48 increasing their positions, 98 reducing their positions, and 59 closing their positions.
80% more call options, than puts
Call options by funds: $534K | Put options by funds: $296K
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
12% less funds holding
Funds holding: 264 → 232 (-32)
43.4% less ownership
Funds ownership: 210.78% → 167.38% (-43%)
51% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 98
53% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 59
99% less capital invested
Capital invested by funds: $82.1B → $767M (-$81.4B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.61M |
| 2 |
Jane Street
New York
|
+$5.82M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$5.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.02M |
| 5 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$105M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$97.5M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$97.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$79.1M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$76.7M |
IYG Hedge Fund Activity: Q2 2022 in Review
232 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2022, worth a combined $767M — down 99% from $82.1B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of IYG and 28 opened new positions — a net loss of 31 holders — while 98 trimmed existing stakes and 48 added.
The largest buyer was Millennium Management, adding an estimated $8.61M. The largest seller was Bank of America, cutting an estimated $105M.
- 232 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2022, down from 264 in Q1 2022.
- Funds reported $767M of iShares US Financial Services ETF stock for Q2 2022, down 99% quarter-over-quarter.
- 28 funds opened new iShares US Financial Services ETF positions in Q2 2022 and 59 closed out, a net change of -31 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2022 was Millennium Management, an estimated $8.61M added.
- The largest iShares US Financial Services ETF seller in Q2 2022 was Bank of America, an estimated $105M sold.
Based on aggregated 13F filings for Q2 2022.