iShares US Financial Services ETF
104 hedge funds and large institutions have $459M invested in iShares US Financial Services ETF in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 6 closing their positions.
533% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 6
79% more capital invested
Capital invested by funds: $256M → $459M (+$203M)
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
42% more funds holding
Funds holding: 73 → 104 (+31)
23.09% more ownership
Funds ownership: 102.68% → 125.77% (+23%)
13% less call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$36.2M |
| 2 |
Bank of New York Mellon
New York
|
+$32.5M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.4M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$10.2M |
| 5 |
LPL Financial
San Diego,
California
|
+$8.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$6.15M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.26M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.51M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.23M |
| 5 |
Morgan Stanley
New York
|
-$1.08M |
IYG Hedge Fund Activity: Q4 2016 in Review
104 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2016, worth a combined $459M — up 79% from $256M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new IYG positions and 6 closed out — a net gain of 32 holders — while 31 added to existing stakes and 20 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $36.2M. The largest seller was Goldman Sachs, cutting an estimated $6.15M.
- 104 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2016, up from 73 in Q3 2016.
- Funds reported $459M of iShares US Financial Services ETF stock for Q4 2016, up 79% quarter-over-quarter.
- 38 funds opened new iShares US Financial Services ETF positions in Q4 2016 and 6 closed out, a net change of +32 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2016 was RiverFront Investment Group, an estimated $36.2M added.
- The largest iShares US Financial Services ETF seller in Q4 2016 was Goldman Sachs, an estimated $6.15M sold.
Based on aggregated 13F filings for Q4 2016.