iShares US Financial Services ETF
228 hedge funds and large institutions have $807M invested in iShares US Financial Services ETF in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 72 reducing their positions, and 17 closing their positions.
282% more call options, than puts
Call options by funds: $600K | Put options by funds: $157K
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
1% more funds holding
Funds holding: 226 → 228 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.06% less ownership
Funds ownership: 60.98% → 60.92% (-0.06%)
4% less capital invested
Capital invested by funds: $842M → $807M (-$34.6M)
7% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.63M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$3.02M |
| 4 |
Millennium Management
New York
|
+$2.49M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.95M |
| 2 |
Rockefeller Capital Management
New York
|
-$6.42M |
| 3 |
Goldman Sachs
New York
|
-$3.74M |
| 4 |
Jane Street
New York
|
-$2.71M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.69M |
IYG Hedge Fund Activity: Q2 2024 in Review
228 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2024, worth a combined $807M — down 4.1% from $842M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IYG positions and 17 closed out — a net gain of 6 holders — while 67 added to existing stakes and 72 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $10.5M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $9.95M sold.
- 228 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2024, up from 226 in Q1 2024.
- Funds reported $807M of iShares US Financial Services ETF stock for Q2 2024, down 4.1% quarter-over-quarter.
- 23 funds opened new iShares US Financial Services ETF positions in Q2 2024 and 17 closed out, a net change of +6 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2024 was Envestnet Asset Management, an estimated $10.5M added.
- The largest iShares US Financial Services ETF seller in Q2 2024 was BNP Paribas Financial Markets, an estimated $9.95M sold.
Based on aggregated 13F filings for Q2 2024.