iShares US Financial Services ETF
219 hedge funds and large institutions have $810M invested in iShares US Financial Services ETF in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 52 increasing their positions, 75 reducing their positions, and 16 closing their positions.
163% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 16
15% more capital invested
Capital invested by funds: $706M → $810M (+$104M)
12% more funds holding
Funds holding: 196 → 219 (+23)
9.75% more ownership
Funds ownership: 187.36% → 197.1% (+9.7%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
31% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 75
73% less call options, than puts
Call options by funds: $129K | Put options by funds: $484K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.8M |
| 2 |
JP Morgan Chase
New York
|
+$3.27M |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$3.12M |
| 4 |
SCA
Southern Capital Advisors
Jackson,
Tennessee
|
+$2.97M |
| 5 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$30.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$14.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.11M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.04M |
| 5 |
Millennium Management
New York
|
-$2.92M |
IYG Hedge Fund Activity: Q4 2023 in Review
219 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2023, worth a combined $810M — up 15% from $706M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new IYG positions and 16 closed out — a net gain of 26 holders — while 52 added to existing stakes and 75 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $52.8M. The largest seller was Goldman Sachs, cutting an estimated $30.5M.
- 219 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2023, up from 196 in Q3 2023.
- Funds reported $810M of iShares US Financial Services ETF stock for Q4 2023, up 15% quarter-over-quarter.
- 42 funds opened new iShares US Financial Services ETF positions in Q4 2023 and 16 closed out, a net change of +26 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2023 was Morgan Stanley, an estimated $52.8M added.
- The largest iShares US Financial Services ETF seller in Q4 2023 was Goldman Sachs, an estimated $30.5M sold.
Based on aggregated 13F filings for Q4 2023.