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iShares US Financial Services ETF
IYG

72 hedge funds and large institutions have $248M invested in iShares US Financial Services ETF in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

13% less funds holding

Funds holding: 83 → 72 (-11)

22.55% less ownership

Funds ownership: 154.75% → 132.2% (-23%)

43% less capital invested

Capital invested by funds: $436M → $248M (-$188M)

53% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 36

58% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 19

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $860K

Holders
72
Holders Change
-11
Holders Change %
-13.25%
% of All Funds
1.92%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
8
Increased
17
Reduced
36
Closed
19
Calls
–
Puts
$860K
Net Calls
-$860K
Net Calls Change
-$1.76M

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$5.04M
2
VF
Virtu Financial
New York
+$4.73M
3
CS
Credit Suisse
Switzerland
+$4.61M
4
Citadel Advisors
Citadel Advisors
Florida
+$4.28M
5
BCI
Brinker Capital Investments
Pennsylvania
+$1.98M

Top Sellers

Rank Fund Capital Flow
1
AssetMark Inc
AssetMark Inc
California
-$64.6M
2
PAG
Pinnacle Advisory Group
Maryland
-$25M
3
Morgan Stanley
Morgan Stanley
New York
-$11M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$10.5M
5
Wells Fargo
Wells Fargo
California
-$8.42M
Name Holding Trade Value Shares
Change 		Change in
Stake
BFA
76
Beaumont Financial Advisors
Massachusetts
– -$2.58M -86,121 Closed
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
– -$1.56M -59,016 Closed
ACM
78
Aviance Capital Management
Florida
– -$1.56M -52,026 Closed
CA
79
Cumberland Advisors
Florida
– -$1.42M -47,190 Closed
TH
80
Timber Hill
Connecticut
– -$769K -25,650 Closed
AI
81
Atria Investments
North Carolina
– -$659K -24,111 Closed
FAAS
82
First Allied Advisory Services
California
– -$445K -14,901 Closed
CIA
83
Capital Investment Advisors
Georgia
– -$212K -7,059 Closed
MA
84
Montag & Associates
Georgia
– -$207K -6,885 Closed
EFS
85
Essex Financial Services
Connecticut
– -$202K -6,720 Closed
WEC
86
Winslow Evans & Crocker
Massachusetts
– -$23.1K -774 Closed
AP
87
Advisors Preferred
Maryland
– -$14K -456 Closed
MLIC
88
Mandatum Life Insurance Company
Finland
– -$5K -180 Closed
AFP
89
Ausdal Financial Partners
Iowa
– -$2K -75 Closed
ASN
90
Advisory Services Network
Georgia
– -$1K -30 Closed
1 2 3
4

IYG Hedge Fund Activity: Q1 2016 in Review

72 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q1 2016, worth a combined $248M — down 43% from $436M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of IYG and 8 opened new positions — a net loss of 11 holders — while 36 trimmed existing stakes and 17 added.

The largest buyer was Goldman Sachs, adding an estimated $5.04M. The largest seller was AssetMark Inc, cutting an estimated $64.6M.

  • 72 institutional investors held iShares US Financial Services ETF (IYG) as of Q1 2016, down from 83 in Q4 2015.
  • Funds reported $248M of iShares US Financial Services ETF stock for Q1 2016, down 43% quarter-over-quarter.
  • 8 funds opened new iShares US Financial Services ETF positions in Q1 2016 and 19 closed out, a net change of -11 holders.
  • The largest iShares US Financial Services ETF buyer in Q1 2016 was Goldman Sachs, an estimated $5.04M added.
  • The largest iShares US Financial Services ETF seller in Q1 2016 was AssetMark Inc, an estimated $64.6M sold.

Based on aggregated 13F filings for Q1 2016.