We are live on ! Find out more
IYG icon

iShares US Financial Services ETF
IYG

82 hedge funds and large institutions have $393M invested in iShares US Financial Services ETF in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 17

22% more call options, than puts

Call options by funds: $3.86M | Put options by funds: $3.18M

21% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 19

15% more capital invested

Capital invested by funds: $343M → $393M (+$50.5M)

5% more funds holding

Funds holding: 78 → 82 (+4)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

18.58% less ownership

Funds ownership: 155.19% → 136.61% (-19%)

Holders
82
Holders Change
+4
Holders Change %
+5.13%
% of All Funds
2.29%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.08%
New
23
Increased
26
Reduced
17
Closed
19
Calls
$3.86M
Puts
$3.18M
Net Calls
+$684K
Net Calls Change
-$519K

Top Buyers

Rank Fund Capital Flow
1
AssetMark Inc
AssetMark Inc
California
+$116M
2
Morgan Stanley
Morgan Stanley
New York
+$8.31M
3
Goldman Sachs
Goldman Sachs
New York
+$7.21M
4
Bank of America
Bank of America
North Carolina
+$4.74M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$4.52M

Top Sellers

Rank Fund Capital Flow
1
PAG
Pinnacle Advisory Group
Maryland
-$34.5M
2
MMA
Miracle Mile Advisors
California
-$12.2M
3
BHB
Bank Hapoalim BM
Israel
-$9M
4
Jane Street
Jane Street
New York
-$6.68M
5
Fidelity Investments
Fidelity Investments
Massachusetts
-$3.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
MMA
51
Miracle Mile Advisors
California
$375K -$12.2M -398,940 -97%
Ameriprise
52
Ameriprise
Minnesota
$350K +$29.3K +954 +8%
Commonwealth Equity Services
53
Commonwealth Equity Services
Massachusetts
$340K +$9.02K +294 +3%
FAAS
54
First Allied Advisory Services
California
$327K -$351K -11,430 -50%
Janney Montgomery Scott
55
Janney Montgomery Scott
Pennsylvania
$307K -$55.9K -1,824 -14%
SWP
56
Stratos Wealth Partners
Ohio
$307K +$331K +10,788 New
CNB
57
City National Bank
California
$303K +$326K +10,629 New
CIBC World Market
58
CIBC World Market
Ontario, Canada
$289K +$311K +10,149 New
Baird Financial Group
59
Baird Financial Group
Wisconsin
$270K +$291K +9,480 New
Cambridge Investment Research Advisors
60
Cambridge Investment Research Advisors
Iowa
$257K +$276K +9,003 New
Northern Trust
61
Northern Trust
Illinois
$240K +$258K +8,427 New
Millennium Management
62
Millennium Management
New York
$231K +$249K +8,124 New
GW
63
GW & Wade
Massachusetts
$229K – – –
Stifel Financial
64
Stifel Financial
Missouri
$221K +$237K +7,740 New
PWAP
65
Private Wealth Advisors (Pennsylvania)
Pennsylvania
$214K +$2.39K +78 +1%
CIA
66
Capital Investment Advisors
Georgia
$205K – – –
Citigroup
67
Citigroup
New York
$179K +$136K +4,446 +243%
MCM
68
Manchester Capital Management
Vermont
$95K – – –
IPC
69
Independent Portfolio Consultants
Florida
$65K – – –
PAI
70
Pittenger & Anderson Inc
Nebraska
$64K – – –
PMFA
71
Plante Moran Financial Advisors
Michigan
$43K – – –
HCMT
72
Highland Capital Management (Tennessee)
Tennessee
$31K – – –
EDRH
73
Edmond de Rothschild Holding
Switzerland
$30K – – –
US Bancorp
74
US Bancorp
Minnesota
$26K – – –
WEC
75
Winslow Evans & Crocker
Massachusetts
$22K +$23.7K +774 New
1 2
3
4

IYG Hedge Fund Activity: Q3 2015 in Review

82 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2015, worth a combined $393M — up 15% from $343M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new IYG positions and 19 closed out — a net gain of 4 holders — while 26 added to existing stakes and 17 trimmed.

The largest buyer was AssetMark Inc, adding an estimated $116M. The largest seller was Pinnacle Advisory Group, exiting entirely with an estimated $34.5M sold.

  • 82 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2015, up from 78 in Q2 2015.
  • Funds reported $393M of iShares US Financial Services ETF stock for Q3 2015, up 15% quarter-over-quarter.
  • 23 funds opened new iShares US Financial Services ETF positions in Q3 2015 and 19 closed out, a net change of +4 holders.
  • The largest iShares US Financial Services ETF buyer in Q3 2015 was AssetMark Inc, an estimated $116M added.
  • The largest iShares US Financial Services ETF seller in Q3 2015 was Pinnacle Advisory Group, an estimated $34.5M sold.

Based on aggregated 13F filings for Q3 2015.