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iShares US Financial Services ETF
IYG

249 hedge funds and large institutions have $1.12B invested in iShares US Financial Services ETF in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 83 increasing their positions, 79 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more call options, than puts

Call options by funds: $5.36M | Put options by funds: $4.29M

6% more capital invested

Capital invested by funds: $1.05B → $1.12B (+$68.3M)

5% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 79

0.26% less ownership

Funds ownership: 62.21% → 61.94% (-0.26%)

8% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 24

2% less funds holding

Funds holding: 253 → 249 (-4)

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
249
Holders Change
-4
Holders Change %
-1.58%
% of All Funds
3.28%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.05%
New
22
Increased
83
Reduced
79
Closed
24
Calls
$5.36M
Puts
$4.29M
Net Calls
+$1.07M
Net Calls Change
+$10K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$8.58M
2
PCH
PGIM Custom Harvest
New Jersey
+$7.18M
3
Two Sigma Investments
Two Sigma Investments
New York
+$4.28M
4
KA
Kozak & Associates
Colorado
+$3.96M
5
FIA
Foundations Investment Advisors
Arizona
+$1.63M

Top Sellers

Rank Fund Capital Flow
1
RIG
RiverFront Investment Group
Virginia
-$16.5M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$10.4M
3
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$7.86M
4
Raymond James Financial
Raymond James Financial
Florida
-$5.17M
5
UBS Group
UBS Group
Switzerland
-$3.83M
Name Holding Trade Value Shares
Change 		Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$8.97M +$433K +5,464 +5%
Stifel Financial
27
Stifel Financial
Missouri
$8.92M +$284K +3,583 +4%
HCMG
28
Howard Capital Management Group
California
$8.38M -$98K -1,235 -1%
SC
29
Scotia Capital
Ontario, Canada
$6.22M +$439K +5,533 +8%
Bank of Nova Scotia
30
Bank of Nova Scotia
Ontario, Canada
$6.21M – – –
Truist Financial
31
Truist Financial
North Carolina
$5.9M -$393K -4,957 -7%
Osaic Holdings
32
Osaic Holdings
Arizona
$5.84M +$391K +4,925 +8%
BPA
33
Beacon Pointe Advisors
California
$5.57M -$404K -5,087 -7%
FDCDDQ
34
Federation des caisses Desjardins du Quebec
Quebec, Canada
$5.49M +$101K +1,267 +2%
SCA
35
Southern Capital Advisors
Tennessee
$5.41M +$203K +2,554 +4%
JWCA
36
J.W. Cole Advisors
Florida
$5.02M -$54.1K -682 -1%
Two Sigma Investments
37
Two Sigma Investments
New York
$4.61M +$4.28M +53,900 New
HighTower Advisors
38
HighTower Advisors
Illinois
$4.4M -$192K -2,425 -5%
BWM
39
Bernard Wealth Management
Michigan
$3.82M +$738K +9,302 +26%
IWM
40
IHT Wealth Management
Illinois
$3.8M +$74.7K +942 +2%
Cetera Investment Advisers
41
Cetera Investment Advisers
Illinois
$3.76M -$116K -1,468 -3%
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$3.21M +$84.2K +1,062 +3%
AF
43
Advisornet Financial
Minnesota
$2.94M -$43.9K -553 -2%
FFN
44
Focus Financial Network
Minnesota
$2.87M +$237K +2,985 +10%
Jones Financial Companies
45
Jones Financial Companies
Missouri
$2.8M +$306K +3,858 +13%
MFG
46
Merit Financial Group
Georgia
$2.77M +$375K +4,733 +17%
DE
47
Diversified Enterprises
Delaware
$2.72M -$8.96K -113 -0.4%
TFF
48
The Family Firm
Maryland
$2.68M -$42.1K -531 -2%
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$2.58M +$29K +365 +1%
ASN
50
Advisory Services Network
Georgia
$2.44M +$678K +8,549 +44%
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IYG Hedge Fund Activity: Q2 2025 in Review

249 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2025, worth a combined $1.12B — up 6.5% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of IYG and 22 opened new positions — a net loss of 2 holders — while 79 trimmed existing stakes and 83 added.

The largest buyer was Morgan Stanley, adding an estimated $8.58M. The largest seller was RiverFront Investment Group, cutting an estimated $16.5M.

  • 249 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2025, down from 253 in Q1 2025.
  • Funds reported $1.12B of iShares US Financial Services ETF stock for Q2 2025, up 6.5% quarter-over-quarter.
  • 22 funds opened new iShares US Financial Services ETF positions in Q2 2025 and 24 closed out, a net change of -2 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2025 was Morgan Stanley, an estimated $8.58M added.
  • The largest iShares US Financial Services ETF seller in Q2 2025 was RiverFront Investment Group, an estimated $16.5M sold.

Based on aggregated 13F filings for Q2 2025.