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iShares US Financial Services ETF
IYG

68 hedge funds and large institutions have $332M invested in iShares US Financial Services ETF in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 15

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

14.51% more ownership

Funds ownership: 150.84% → 165.35% (+15%)

9% more capital invested

Capital invested by funds: $306M → $332M (+$26.2M)

3% more funds holding

Funds holding: 66 → 68 (+2)

33% less funds holding in top 10

Funds holding in top 10: 3 → 2 (-1)

42% less call options, than puts

Call options by funds: $394K | Put options by funds: $679K

Holders
68
Holders Change
+2
Holders Change %
+3.03%
% of All Funds
1.97%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
15
Increased
25
Reduced
15
Closed
12
Calls
$394K
Puts
$679K
Net Calls
-$285K
Net Calls Change
-$63K

Top Buyers

Rank Fund Capital Flow
1
CPSAC
Chas P. Smith & Associates (CPS)
Florida
+$30.6M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$10.8M
3
Bank of America
Bank of America
North Carolina
+$6.44M
4
Morgan Stanley
Morgan Stanley
New York
+$4.15M
5
U
UBS
Switzerland
+$2.95M

Top Sellers

Rank Fund Capital Flow
1
SG Americas Securities
SG Americas Securities
New York
-$24.9M
2
BFA
Beaumont Financial Advisors
Massachusetts
-$23.3M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$19M
4
FMP
Financial Management Professionals
Texas
-$3.38M
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.17M
Name Holding Trade Value Shares
Change 		Change in
Stake
BHB
26
Bank Hapoalim BM
Israel
$1.73M +$1.65M +62,760 New
DS
27
DRW Securities
Illinois
$1.58M -$1.56M -59,310 -51%
CP
28
Cinque Partners
California
$1.47M +$1.39M +52,695 New
CCA
29
Cobblestone Capital Advisors
New York
$1.17M -$16.2K -615 -1%
BCM
30
Beck Capital Management
Texas
$1.15M +$1.12M +42,621 New
JP Morgan Chase
31
JP Morgan Chase
New York
$1.04M -$911K -34,656 -48%
PP
32
Patten & Patten
Tennessee
$954K +$5.13K +195 +0.6%
SWM
33
Strategic Wealth Management
Washington
$919K -$23.7K -900 -3%
CA
34
Cetera Advisors
Colorado
$737K +$120K +4,560 +21%
WSCM
35
Wellington Shields Capital Management
New York
$667K +$629K +23,910 New
FMWA
36
Forvis Mazars Wealth Advisors
Missouri
$643K -$38.7K -1,470 -6%
EWM
37
Evercore Wealth Management
New York
$586K +$78.9K +3,000 +17%
SC
38
Scotia Capital
Ontario, Canada
$492K -$50.3K -1,911 -10%
NPC
39
National Planning Corporation
California
$474K – – –
Janney Montgomery Scott
40
Janney Montgomery Scott
Pennsylvania
$465K +$121K +4,605 +38%
HCP
41
Holt Capital Partners
Texas
$372K +$350K +13,320 New
CIA
42
Capital Investment Advisors
Georgia
$281K +$265K +10,074 New
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$271K +$237 +9 +0.1%
TH
44
Timber Hill
Connecticut
$251K +$237K +8,997 New
NES
45
New England Securities
New York
$228K +$91.7K +3,486 +74%
PCM
46
Princeton Capital Management
New Jersey
$209K +$197K +7,500 New
Schroder Investment Management Group
47
Schroder Investment Management Group
United Kingdom
$190K – – –
Deutsche Bank
48
Deutsche Bank
Germany
$100K -$94.7K -3,600 -50%
MCM
49
Manchester Capital Management
Vermont
$93K – – –
Ameriprise
50
Ameriprise
Minnesota
$86K +$41.2K +1,566 +104%
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2
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IYG Hedge Fund Activity: Q4 2013 in Review

68 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2013, worth a combined $332M — up 8.5% from $306M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new IYG positions and 12 closed out — a net gain of 3 holders — while 25 added to existing stakes and 15 trimmed.

The largest buyer was Chas P. Smith & Associates (CPS), adding an estimated $30.6M. The largest seller was SG Americas Securities, cutting an estimated $24.9M.

  • 68 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2013, up from 66 in Q3 2013.
  • Funds reported $332M of iShares US Financial Services ETF stock for Q4 2013, up 8.5% quarter-over-quarter.
  • 15 funds opened new iShares US Financial Services ETF positions in Q4 2013 and 12 closed out, a net change of +3 holders.
  • The largest iShares US Financial Services ETF buyer in Q4 2013 was Chas P. Smith & Associates (CPS), an estimated $30.6M added.
  • The largest iShares US Financial Services ETF seller in Q4 2013 was SG Americas Securities, an estimated $24.9M sold.

Based on aggregated 13F filings for Q4 2013.