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iShares US Financial Services ETF
IYG

70 hedge funds and large institutions have $245M invested in iShares US Financial Services ETF in 2016 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 19

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

0.94% less ownership

Funds ownership: 132.2% → 131.26% (-0.94%)

1% less capital invested

Capital invested by funds: $248M → $245M (-$3.3M)

3% less funds holding

Funds holding: 72 → 70 (-2)

80% less call options, than puts

Call options by funds: $239K | Put options by funds: $1.17M

Holders
70
Holders Change
-2
Holders Change %
-2.78%
% of All Funds
1.87%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
25
Reduced
19
Closed
10
Calls
$239K
Puts
$1.17M
Net Calls
-$935K
Net Calls Change
-$75K

Top Buyers

Rank Fund Capital Flow
1
UCFA
United Capital Financial Advisors
Texas
+$8.5M
2
BHB
Bank Hapoalim BM
Israel
+$6.36M
3
Millennium Management
Millennium Management
New York
+$5.71M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$4.87M
5
SG Americas Securities
SG Americas Securities
New York
+$2.3M

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$5.07M
2
VF
Virtu Financial
New York
-$4.84M
3
Bank of America
Bank of America
North Carolina
-$4.26M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$3.92M
5
ANTB
AMG National Trust Bank
Colorado
-$2.22M
Name Holding Trade Value Shares
Change 		Change in
Stake
FANJ
51
Financial Architects (New Jersey)
New Jersey
$121K – – –
MCM
52
Manchester Capital Management
Vermont
$90K – – –
EWM
53
Evercore Wealth Management
New York
$81K – – –
JP Morgan Chase
54
JP Morgan Chase
New York
$79K +$36K +1,290 +78%
CFA
55
Carroll Financial Associates
North Carolina
$70K – – –
US Bancorp
56
US Bancorp
Minnesota
$66K – – –
PAI
57
Pittenger & Anderson Inc
Nebraska
$52K -$8.38K -300 -13%
MWM
58
MinichMacGregor Wealth Management
New York
$42K – – –
PMFA
59
Plante Moran Financial Advisors
Michigan
$40K – – –
Manulife (Manufacturers Life Insurance)
60
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32K +$32.8K +1,173 New
KF
61
Krilogy Financial
Missouri
$30K +$31.1K +1,113 New
Citigroup
62
Citigroup
New York
$29K +$84 +3 +0.3%
EDRH
63
Edmond de Rothschild Holding
Switzerland
$12K – – –
EDRS
64
Edmond de Rothschild (Suisse)
Switzerland
$12K +$12.1K +432 New
CG
65
Cutler Group
California
$8K – – –
CCS
66
Crosspoint Capital Strategies
California
$5K +$5.19K +186 New
PG
67
Patten Group
Tennessee
$4.84K – – –
Simplex Trading
68
Simplex Trading
Illinois
$2K +$2.43K +87 New
TFA
69
Transamerica Financial Advisors
Florida
$1K -$32.8K -1,176 -99%
VF
70
Virtu Financial
New York
– -$4.84M -179,022 Closed
CA
71
Cetera Advisors
Colorado
– -$1.29M -48,081 Closed
VKH
72
Virtu KCG Holdings
New York
– -$1.24M -45,990 Closed
AIG
73
American International Group
New York
– -$732K -27,081 Closed
SWP
74
Stratos Wealth Partners
Ohio
– -$333K -12,309 Closed
CWM
75
Concert Wealth Management
California
– -$303K -11,319 Closed
1 2
3
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IYG Hedge Fund Activity: Q2 2016 in Review

70 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2016, worth a combined $245M — down 1.3% from $248M a quarter earlier.

Fund positioning in IYG was balanced in Q2 2016: 10 funds opened new positions, 10 closed out, 25 added to existing stakes and 19 trimmed.

The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $8.5M. The largest seller was LPL Financial, cutting an estimated $5.07M.

  • 70 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2016, down from 72 in Q1 2016.
  • Funds reported $245M of iShares US Financial Services ETF stock for Q2 2016, down 1.3% quarter-over-quarter.
  • 10 funds opened new iShares US Financial Services ETF positions in Q2 2016 and 10 closed out, a net change of 0 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2016 was United Capital Financial Advisors, an estimated $8.5M added.
  • The largest iShares US Financial Services ETF seller in Q2 2016 was LPL Financial, an estimated $5.07M sold.

Based on aggregated 13F filings for Q2 2016.