iShares US Financial Services ETF
213 hedge funds and large institutions have $915M invested in iShares US Financial Services ETF in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 69 increasing their positions, 59 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
27% more capital invested
Capital invested by funds: $718M → $915M (+$197M)
17% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 59
6.04% more ownership
Funds ownership: 177% → 183.04% (+6%)
4% more funds holding
Funds holding: 205 → 213 (+8)
14% less call options, than puts
Call options by funds: $411K | Put options by funds: $480K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$28M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$19.7M |
| 3 |
MW
Marks Wealth
Annapolis,
Maryland
|
+$17.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$13.9M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.7M |
| 2 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
-$9.92M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$4.71M |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$4.32M |
| 5 |
HF
HRT Financial
New York
|
-$4.03M |
IYG Hedge Fund Activity: Q1 2021 in Review
213 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q1 2021, worth a combined $915M — up 27% from $718M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new IYG positions and 21 closed out — a net gain of 10 holders — while 69 added to existing stakes and 59 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $28M. The largest seller was Goldman Sachs, cutting an estimated $12.7M.
- 213 institutional investors held iShares US Financial Services ETF (IYG) as of Q1 2021, up from 205 in Q4 2020.
- Funds reported $915M of iShares US Financial Services ETF stock for Q1 2021, up 27% quarter-over-quarter.
- 31 funds opened new iShares US Financial Services ETF positions in Q1 2021 and 21 closed out, a net change of +10 holders.
- The largest iShares US Financial Services ETF buyer in Q1 2021 was RiverFront Investment Group, an estimated $28M added.
- The largest iShares US Financial Services ETF seller in Q1 2021 was Goldman Sachs, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2021.