iShares US Financial Services ETF
74 hedge funds and large institutions have $289M invested in iShares US Financial Services ETF in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 8 closing their positions.
98% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $818K
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
7.48% more ownership
Funds ownership: 143.77% → 151.25% (+7.5%)
7% more capital invested
Capital invested by funds: $269M → $289M (+$19.6M)
7% more funds holding
Funds holding: 69 → 74 (+5)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$5.12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.78M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$3.28M |
| 4 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$3.15M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$4.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.69M |
| 3 |
Morgan Stanley
New York
|
-$2.83M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.61M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
76
Credit Suisse
Zurich,
Switzerland
| – | -$3.69M | -131,232 | Closed |
|
|
AGA
77
Accuvest Global Advisors
Provo,
Utah
| – | -$1.39M | -49,500 | Closed |
|
|
PG
78
PEAK6 Group
Chicago,
Illinois
| – | -$689K | -24,492 | Closed |
|
|
PCM
79
Princeton Capital Management
Red Bank,
New Jersey
| – | -$327K | -11,625 | Closed |
|
80
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$25K | -882 | Closed |
|
|
PAS
81
Partnervest Advisory Services
Santa Barbara,
California
| – | -$21K | -750 | Closed |
|
|
NCM
82
Nelson Capital Management
Menlo Park,
California
| – | -$15K | -531 | Closed |
|
IYG Hedge Fund Activity: Q3 2014 in Review
74 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2014, worth a combined $289M — up 7.3% from $269M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IYG positions and 8 closed out — a net gain of 5 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $5.12M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $4.6M sold.
- 74 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2014, up from 69 in Q2 2014.
- Funds reported $289M of iShares US Financial Services ETF stock for Q3 2014, up 7.3% quarter-over-quarter.
- 13 funds opened new iShares US Financial Services ETF positions in Q3 2014 and 8 closed out, a net change of +5 holders.
- The largest iShares US Financial Services ETF buyer in Q3 2014 was AssetMark Inc, an estimated $5.12M added.
- The largest iShares US Financial Services ETF seller in Q3 2014 was Virtu KCG Holdings, an estimated $4.6M sold.
Based on aggregated 13F filings for Q3 2014.