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iShares US Financial Services ETF
IYG

202 hedge funds and large institutions have $682M invested in iShares US Financial Services ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 63 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $711K

12.72% more ownership

Funds ownership: 163.96% → 176.68% (+13%)

6% more capital invested

Capital invested by funds: $645M → $682M (+$36.8M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 63

3% less funds holding

Funds holding: 209 → 202 (-7)

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

Holders
202
Holders Change
-7
Holders Change %
-3.35%
% of All Funds
3.17%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
17
Increased
63
Reduced
63
Closed
22
Calls
$1.3M
Puts
$711K
Net Calls
+$585K
Net Calls Change
+$1.4M

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$21.9M
2
RIG
RiverFront Investment Group
Virginia
+$16.8M
3
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
+$8.84M
4
BWFA
Baltimore-Washington Financial Advisors
Maryland
+$6.2M
5
Citadel Advisors
Citadel Advisors
Florida
+$5.31M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$8.32M
2
VFM
Valley Financial Management
New York
-$5.64M
3
Morgan Stanley
Morgan Stanley
New York
-$5.26M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$4.72M
5
TRCT
Tower Research Capital (TRC)
New York
-$4.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
Susquehanna International Group
26
Susquehanna International Group
Pennsylvania
$6.02M -$4.72M -93,132 -45%
HCMG
27
Howard Capital Management Group
California
$5.79M +$154K +3,042 +3%
Osaic Holdings
28
Osaic Holdings
Arizona
$5.02M +$510K +10,068 +12%
Stifel Financial
29
Stifel Financial
Missouri
$4.98M +$468K +9,231 +11%
SC
30
Scotia Capital
Ontario, Canada
$4.57M -$246K -4,863 -5%
JWCA
31
J.W. Cole Advisors
Florida
$4.31M +$181K +3,570 +5%
BPA
32
Beacon Pointe Advisors
California
$4.24M +$30.6K +603 +0.8%
Bank of Nova Scotia
33
Bank of Nova Scotia
Ontario, Canada
$3.82M -$456 -9 -0%
JMPWA
34
JP Morgan Private Wealth Advisors
California
$2.95M -$1.42M -28,065 -33%
WFO
35
Wealthgate Family Office
Colorado
$2.91M -$537K -10,605 -16%
Ameriprise
36
Ameriprise
Minnesota
$2.75M +$23.9K +471 +0.9%
PCH
37
PGIM Custom Harvest
New Jersey
$2.63M -$179K -3,531 -7%
UCFA
38
United Capital Financial Advisors
Texas
$2.59M -$77.2K -1,524 -3%
Commonwealth Equity Services
39
Commonwealth Equity Services
Massachusetts
$2.5M -$255K -5,037 -10%
FDCDDQ
40
Federation des caisses Desjardins du Quebec
Quebec, Canada
$2.39M -$13.8K -273 -0.6%
TFF
41
The Family Firm
Maryland
$2.28M +$199K +3,936 +10%
Mariner
42
Mariner
Kansas
$2.22M +$80.3K +1,584 +4%
HighTower Advisors
43
HighTower Advisors
Illinois
$2.22M +$6.99K +138 +0.3%
FTS
44
Fifth Third Securities
Ohio
$2.16M -$1.7M -33,531 -45%
D
45
Diversified
Delaware
$2.13M -$198K -3,903 -9%
FFL
46
Financial Freedom LLC
Ohio
$1.95M +$23.4K +462 +1%
Jane Street
47
Jane Street
New York
$1.85M +$1.57M +31,065 +752%
SFG
48
Snider Financial Group
Washington
$1.78M -$2.9M -57,234 -63%
RJFSA
49
Raymond James Financial Services Advisors
Florida
$1.64M -$144K -2,838 -8%
CIBC World Market
50
CIBC World Market
Ontario, Canada
$1.51M – – –
1
2
3 4 5

IYG Hedge Fund Activity: Q2 2023 in Review

202 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2023, worth a combined $682M — up 5.7% from $645M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of IYG and 17 opened new positions — a net loss of 5 holders — while 63 trimmed existing stakes and 63 added.

The largest buyer was Bank of America, adding an estimated $21.9M. The largest seller was Goldman Sachs, cutting an estimated $8.32M.

  • 202 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2023, down from 209 in Q1 2023.
  • Funds reported $682M of iShares US Financial Services ETF stock for Q2 2023, up 5.7% quarter-over-quarter.
  • 17 funds opened new iShares US Financial Services ETF positions in Q2 2023 and 22 closed out, a net change of -5 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2023 was Bank of America, an estimated $21.9M added.
  • The largest iShares US Financial Services ETF seller in Q2 2023 was Goldman Sachs, an estimated $8.32M sold.

Based on aggregated 13F filings for Q2 2023.