iShares US Financial Services ETF
144 hedge funds and large institutions have $679M invested in iShares US Financial Services ETF in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 62 reducing their positions, and 17 closing their positions.
20% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.16M
3.29% more ownership
Funds ownership: 165.38% → 168.67% (+3.3%)
1% less capital invested
Capital invested by funds: $687M → $679M (-$7.3M)
3% less funds holding
Funds holding: 148 → 144 (-4)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
55% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$3.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.24M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$3M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.35M |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.99M |
| 2 |
Bank of New York Mellon
New York
|
-$3.66M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$2.68M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.6M |
| 5 |
Morgan Stanley
New York
|
-$2.36M |
IYG Hedge Fund Activity: Q3 2019 in Review
144 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2019, worth a combined $679M — down 1.1% from $687M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IYG and 13 opened new positions — a net loss of 4 holders — while 62 trimmed existing stakes and 28 added.
The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $3.89M. The largest seller was Credit Suisse, cutting an estimated $8.99M.
- 144 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2019, down from 148 in Q2 2019.
- Funds reported $679M of iShares US Financial Services ETF stock for Q3 2019, down 1.1% quarter-over-quarter.
- 13 funds opened new iShares US Financial Services ETF positions in Q3 2019 and 17 closed out, a net change of -4 holders.
- The largest iShares US Financial Services ETF buyer in Q3 2019 was Harel Insurance Investments & Financial Services, an estimated $3.89M added.
- The largest iShares US Financial Services ETF seller in Q3 2019 was Credit Suisse, an estimated $8.99M sold.
Based on aggregated 13F filings for Q3 2019.