iShares US Financial Services ETF
148 hedge funds and large institutions have $849M invested in iShares US Financial Services ETF in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 39 increasing their positions, 45 reducing their positions, and 32 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9.95% more ownership
Funds ownership: 178.2% → 188.15% (+9.9%)
0% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 32
1% less funds holding
Funds holding: 149 → 148 (-1)
13% less capital invested
Capital invested by funds: $972M → $849M (-$123M)
13% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$26.1M |
| 2 |
TC
Trust Company
Manhattan,
Kansas
|
+$9.18M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$7.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.43M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$17M |
| 2 |
Morgan Stanley
New York
|
-$12.4M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$5.71M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$5.58M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$5.24M |
IYG Hedge Fund Activity: Q4 2018 in Review
148 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2018, worth a combined $849M — down 13% from $972M a quarter earlier.
Fund positioning in IYG was balanced in Q4 2018: 32 funds opened new positions, 32 closed out, 39 added to existing stakes and 45 trimmed.
The largest buyer was Ferguson Wellman Capital Management, opening a new position worth an estimated $26.1M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $17M sold.
- 148 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2018, down from 149 in Q3 2018.
- Funds reported $849M of iShares US Financial Services ETF stock for Q4 2018, down 13% quarter-over-quarter.
- 32 funds opened new iShares US Financial Services ETF positions in Q4 2018 and 32 closed out, a net change of 0 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2018 was Ferguson Wellman Capital Management, an estimated $26.1M added.
- The largest iShares US Financial Services ETF seller in Q4 2018 was Allianz Asset Management, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2018.