iShares US Financial Services ETF
115 hedge funds and large institutions have $630M invested in iShares US Financial Services ETF in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 53 increasing their positions, 23 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
130% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 23
37% more capital invested
Capital invested by funds: $459M → $630M (+$172M)
16.63% more ownership
Funds ownership: 125.77% → 142.4% (+17%)
11% more funds holding
Funds holding: 104 → 115 (+11)
0% more call options, than puts
Call options by funds: $2.23M | Put options by funds: $2.22M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$70.5M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$38.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$22.3M |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$14.6M |
| 5 |
Morgan Stanley
New York
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$18.5M |
| 2 |
Bank of New York Mellon
New York
|
-$5.4M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.61M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.14M |
IYG Hedge Fund Activity: Q1 2017 in Review
115 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q1 2017, worth a combined $630M — up 37% from $459M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IYG positions and 7 closed out — a net gain of 12 holders — while 53 added to existing stakes and 23 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $70.5M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $18.5M.
- 115 institutional investors held iShares US Financial Services ETF (IYG) as of Q1 2017, up from 104 in Q4 2016.
- Funds reported $630M of iShares US Financial Services ETF stock for Q1 2017, up 37% quarter-over-quarter.
- 19 funds opened new iShares US Financial Services ETF positions in Q1 2017 and 7 closed out, a net change of +12 holders.
- The largest iShares US Financial Services ETF buyer in Q1 2017 was RiverFront Investment Group, an estimated $70.5M added.
- The largest iShares US Financial Services ETF seller in Q1 2017 was Harel Insurance Investments & Financial Services, an estimated $18.5M sold.
Based on aggregated 13F filings for Q1 2017.