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iShares US Financial Services ETF
IYG

73 hedge funds and large institutions have $256M invested in iShares US Financial Services ETF in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

4% more funds holding

Funds holding: 70 → 73 (+3)

4% more capital invested

Capital invested by funds: $245M → $256M (+$10.7M)

13% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 24

28.58% less ownership

Funds ownership: 131.26% → 102.68% (-29%)

52% less call options, than puts

Call options by funds: $588K | Put options by funds: $1.23M

Holders
73
Holders Change
+3
Holders Change %
+4.29%
% of All Funds
1.95%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
21
Reduced
24
Closed
5
Calls
$588K
Puts
$1.23M
Net Calls
-$644K
Net Calls Change
+$291K

Top Buyers

Rank Fund Capital Flow
1
HIIFS
Harel Insurance Investments & Financial Services
Israel
+$8.07M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$5.81M
3
Morgan Stanley
Morgan Stanley
New York
+$4.19M
4
TRCT
Tower Research Capital (TRC)
New York
+$3.69M
5
TH
Timber Hill
Connecticut
+$3.02M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$17.7M
2
CS
Credit Suisse
Switzerland
-$7.14M
3
Millennium Management
Millennium Management
New York
-$5.49M
4
SG Americas Securities
SG Americas Securities
New York
-$2.37M
5
BHB
Bank Hapoalim BM
Israel
-$1.98M
Name Holding Trade Value Shares
Change 		Change in
Stake
VKH
51
Virtu KCG Holdings
New York
$248K +$244K +8,463 New
GW
52
GW & Wade
Massachusetts
$235K – – –
AI
53
Accredited Investors
Minnesota
$220K +$216K +7,506 New
FANJ
54
Financial Architects (New Jersey)
New Jersey
$132K – – –
CWM
55
Concert Wealth Management
California
$130K +$127K +4,404 New
JP Morgan Chase
56
JP Morgan Chase
New York
$124K +$37.6K +1,305 +44%
GWM
57
Geneos Wealth Management
Colorado
$103K -$612K -21,255 -86%
EDRH
58
Edmond de Rothschild Holding
Switzerland
$100K +$86.1K +2,991 +692%
MCM
59
Manchester Capital Management
Vermont
$98K – – –
EWM
60
Evercore Wealth Management
New York
$88K – – –
CFA
61
Carroll Financial Associates
North Carolina
$76K – – –
US Bancorp
62
US Bancorp
Minnesota
$72K – – –
EDRS
63
Edmond de Rothschild (Suisse)
Switzerland
$61K +$47.3K +1,641 +380%
PAI
64
Pittenger & Anderson Inc
Nebraska
$57K – – –
MWM
65
MinichMacGregor Wealth Management
New York
$46K – – –
PMFA
66
Plante Moran Financial Advisors
Michigan
$44K – – –
Manulife (Manufacturers Life Insurance)
67
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$34K – – –
Citigroup
68
Citigroup
New York
$14K -$16.8K -585 -55%
CLOS
69
Compagnie Lombard Odier SCmA
Switzerland
$9K -$667K -23,151 -99%
CG
70
Cutler Group
California
$8K – – –
PG
71
Patten Group
Tennessee
$5.32K – – –
CCS
72
Crosspoint Capital Strategies
California
$5K – – –
TFA
73
Transamerica Financial Advisors
Florida
$1K – – –
Millennium Management
74
Millennium Management
New York
– -$5.49M -204,300 Closed
SG Americas Securities
75
SG Americas Securities
New York
– -$2.37M -88,200 Closed
1 2
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IYG Hedge Fund Activity: Q3 2016 in Review

73 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2016, worth a combined $256M — up 4.3% from $245M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new IYG positions and 5 closed out — a net gain of 4 holders — while 21 added to existing stakes and 24 trimmed.

The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $8.07M. The largest seller was Bank of America, cutting an estimated $17.7M.

  • 73 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2016, up from 70 in Q2 2016.
  • Funds reported $256M of iShares US Financial Services ETF stock for Q3 2016, up 4.3% quarter-over-quarter.
  • 9 funds opened new iShares US Financial Services ETF positions in Q3 2016 and 5 closed out, a net change of +4 holders.
  • The largest iShares US Financial Services ETF buyer in Q3 2016 was Harel Insurance Investments & Financial Services, an estimated $8.07M added.
  • The largest iShares US Financial Services ETF seller in Q3 2016 was Bank of America, an estimated $17.7M sold.

Based on aggregated 13F filings for Q3 2016.