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iShares US Financial Services ETF
IYG

111 hedge funds and large institutions have $866M invested in iShares US Financial Services ETF in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 49 increasing their positions, 25 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 25

35.96% more ownership

Funds ownership: 148.42% → 184.39% (+36%)

34% more capital invested

Capital invested by funds: $645M → $866M (+$221M)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

3% less funds holding

Funds holding: 115 → 111 (-4)

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

40% less call options, than puts

Call options by funds: $1.73M | Put options by funds: $2.89M

Holders
111
Holders Change
-4
Holders Change %
-3.48%
% of All Funds
2.77%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
11
Increased
49
Reduced
25
Closed
13
Calls
$1.73M
Puts
$2.89M
Net Calls
-$1.16M
Net Calls Change
+$901K

Top Buyers

Rank Fund Capital Flow
1
AssetMark Inc
AssetMark Inc
California
+$58.3M
2
Bank of America
Bank of America
North Carolina
+$57.3M
3
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$25.6M
4
MCWS
McKinley Carter Wealth Services
West Virginia
+$9.03M
5
RJA
Raymond James & Associates
Florida
+$7.21M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$6.42M
2
TH
Timber Hill
Connecticut
-$4.8M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$2.28M
4
Morgan Stanley
Morgan Stanley
New York
-$1.72M
5
AG
Advisor Group
Arizona
-$1.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
Bessemer Group
76
Bessemer Group
New Jersey
$223K – – –
IA
77
IFP Advisors
Florida
$221K +$11.6K +303 +6%
IWA
78
Intercontinental Wealth Advisors
Texas
$218K – – –
NPC
79
National Planning Corporation
California
$208K -$214K -5,580 -52%
CIA
80
Capital Investment Advisors
Georgia
$206K -$62.6K -1,635 -24%
FANJ
81
Financial Architects (New Jersey)
New Jersey
$180K – – –
PFGIA
82
Patriot Financial Group Insurance Agency
Massachusetts
$156K -$12.3K -321 -8%
Manulife (Manufacturers Life Insurance)
83
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$156K +$82.6K +2,157 +124%
GWM
84
Geneos Wealth Management
Colorado
$141K – – –
MCM
85
Manchester Capital Management
Vermont
$134K – – –
BF
86
BOK Financial
Oklahoma
$118K +$112K +2,937 New
CFA
87
Carroll Financial Associates
North Carolina
$106K – – –
VFA
88
Valeo Financial Advisors
Indiana
$100K +$95.6K +2,496 New
EWM
89
Evercore Wealth Management
New York
$96K – – –
AWM
90
AllSquare Wealth Management
New York
$86K +$82.8K +2,163 New
AP
91
Advisors Preferred
Maryland
$70K +$66.8K +1,746 New
MWM
92
MinichMacGregor Wealth Management
New York
$63K – – –
IWM
93
IHT Wealth Management
Illinois
$61K -$622K -16,245 -92%
PMFA
94
Plante Moran Financial Advisors
Michigan
$60K – – –
Northwestern Mutual Wealth Management
95
Northwestern Mutual Wealth Management
Wisconsin
$54K -$19.5K -510 -28%
EDRH
96
Edmond de Rothschild Holding
Switzerland
$49K -$84.5K -2,208 -65%
Citigroup
97
Citigroup
New York
$48K +$16.1K +420 +54%
NFG
98
Next Financial Group
Texas
$47K -$21.4K -558 -32%
YWP
99
YorkBridge Wealth Partners
New York
$40K – – –
AWMS
100
Advocacy Wealth Management Services
Georgia
$31K – – –
1 2 3
4
5

IYG Hedge Fund Activity: Q3 2017 in Review

111 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2017, worth a combined $866M — up 34% from $645M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of IYG and 11 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 49 added.

The largest buyer was AssetMark Inc, adding an estimated $58.3M. The largest seller was Goldman Sachs, cutting an estimated $6.42M.

  • 111 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2017, down from 115 in Q2 2017.
  • Funds reported $866M of iShares US Financial Services ETF stock for Q3 2017, up 34% quarter-over-quarter.
  • 11 funds opened new iShares US Financial Services ETF positions in Q3 2017 and 13 closed out, a net change of -2 holders.
  • The largest iShares US Financial Services ETF buyer in Q3 2017 was AssetMark Inc, an estimated $58.3M added.
  • The largest iShares US Financial Services ETF seller in Q3 2017 was Goldman Sachs, an estimated $6.42M sold.

Based on aggregated 13F filings for Q3 2017.