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iShares US Financial Services ETF
IYG

71 hedge funds and large institutions have $365M invested in iShares US Financial Services ETF in 2014 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 14 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 14

26% more capital invested

Capital invested by funds: $289M → $365M (+$76.4M)

16.69% more ownership

Funds ownership: 151.25% → 167.95% (+17%)

5% more call options, than puts

Call options by funds: $817K | Put options by funds: $781K

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

4% less funds holding

Funds holding: 74 → 71 (-3)

Holders
71
Holders Change
-3
Holders Change %
-4.05%
% of All Funds
1.89%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
12
Increased
31
Reduced
14
Closed
13
Calls
$817K
Puts
$781K
Net Calls
+$36K
Net Calls Change
-$765K

Top Buyers

Rank Fund Capital Flow
1
BFA
Beaumont Financial Advisors
Massachusetts
+$26.7M
2
AssetMark Inc
AssetMark Inc
California
+$7.9M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$5.04M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$3.91M
5
CS
Credit Suisse
Switzerland
+$3.74M

Top Sellers

Rank Fund Capital Flow
1
TRCT
Tower Research Capital (TRC)
New York
-$2.15M
2
HighTower Advisors
HighTower Advisors
Illinois
-$1.95M
3
VF
Virtu Financial
New York
-$1.18M
4
CP
Cinque Partners
California
-$1.16M
5
JP Morgan Chase
JP Morgan Chase
New York
-$711K
Name Holding Trade Value Shares
Change 		Change in
Stake
CIA
51
Capital Investment Advisors
Georgia
$234K +$225K +7,629 New
EFS
52
Essex Financial Services
Connecticut
$206K +$198K +6,720 New
PG
53
PEAK6 Group
Illinois
$154K +$148K +5,028 New
MCM
54
Manchester Capital Management
Vermont
$102K – – –
SIG
55
Stanford Investment Group
California
$87K +$83.6K +2,838 New
PAI
56
Pittenger & Anderson Inc
Nebraska
$69K -$44.2K -1,500 -40%
Citigroup
57
Citigroup
New York
$67K – – –
NES
58
New England Securities
New York
$64K +$4.42K +150 +8%
IPC
59
Independent Portfolio Consultants
Florida
$53K – – –
PMFA
60
Plante Moran Financial Advisors
Michigan
$46K – – –
WA
61
WFG Advisors
Texas
$46K – – –
US Bancorp
62
US Bancorp
Minnesota
$28K – – –
LWA
63
Lenox Wealth Advisors
New York
$22K +$21.6K +735 New
MAS
64
Madden Advisory Services
Florida
$20K +$19.2K +651 New
Creative Planning
65
Creative Planning
Kansas
$17K – – –
MFS
66
MSI Financial Services
Massachusetts
$15K – – –
HCC
67
Hirtle Callaghan & Co
Pennsylvania
$13K – – –
BRWM
68
B. Riley Wealth Management
Tennessee
$9K – – –
PG
69
Patten Group
Tennessee
$6K +$5.3K +180 New
OIA
70
Optimum Investment Advisors
Illinois
$3K – – –
TRCT
71
Tower Research Capital (TRC)
New York
– -$2.15M -74,790 Closed
VF
72
Virtu Financial
New York
– -$1.18M -41,043 Closed
CP
73
Cinque Partners
California
– -$1.16M -40,554 Closed
JP Morgan Chase
74
JP Morgan Chase
New York
– -$711K -24,768 Closed
EWM
75
Evercore Wealth Management
New York
– -$603K -21,000 Closed
1 2
3
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IYG Hedge Fund Activity: Q4 2014 in Review

71 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2014, worth a combined $365M — up 26% from $289M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of IYG and 12 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 31 added.

The largest buyer was Beaumont Financial Advisors, adding an estimated $26.7M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $2.15M sold.

  • 71 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2014, down from 74 in Q3 2014.
  • Funds reported $365M of iShares US Financial Services ETF stock for Q4 2014, up 26% quarter-over-quarter.
  • 12 funds opened new iShares US Financial Services ETF positions in Q4 2014 and 13 closed out, a net change of -1 holder.
  • The largest iShares US Financial Services ETF buyer in Q4 2014 was Beaumont Financial Advisors, an estimated $26.7M added.
  • The largest iShares US Financial Services ETF seller in Q4 2014 was Tower Research Capital (TRC), an estimated $2.15M sold.

Based on aggregated 13F filings for Q4 2014.