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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

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

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
HI
101
Hudock Inc
Pennsylvania
$26K – – –
BBHC
102
Brown Brothers Harriman & Co
New York
$22K – – –
PAI
103
Pittenger & Anderson Inc
Nebraska
$18K – – –
Carson Wealth (CWM LLC)
104
Carson Wealth (CWM LLC)
Nebraska
$14K -$13.1K -342 -49%
First Manhattan
105
First Manhattan
New York
$14K +$13.6K +354 New
Fifth Third Bancorp
106
Fifth Third Bancorp
Ohio
$10K – – –
SSB
107
Sandy Spring Bank
Maryland
$10K – – –
AF
108
Allworth Financial
California
$9K – – –
PG
109
Patten Group
Tennessee
$7K – – –
MFT
110
Moisand Fitzgerald Tamayo
Florida
$6K +$5.63K +147 New
SEI Investments
111
SEI Investments
Pennsylvania
$1K – – –
TH
112
Timber Hill
Connecticut
– -$4.8M -127,155 Closed
CI
113
Cavalier Investments
Georgia
– -$1.21M -33,153 Closed
BPC
114
Banque Pictet & Cie
Switzerland
– -$963K -25,482 Closed
Jane Street
115
Jane Street
New York
– -$563K -14,889 Closed
CIBC World Market
116
CIBC World Market
Ontario, Canada
– -$446K -11,799 Closed
Creative Planning
117
Creative Planning
Kansas
– -$159K -4,200 Closed
NA
118
NewEdge Advisors
Louisiana
– -$70.8K -1,848 Closed
CG
119
Cutler Group
California
– -$40.9K -1,068 Closed
BWA
120
BDO Wealth Advisors
Florida
– -$12K -327 Closed
CFD
121
Creative Financial Designs
Indiana
– -$6K -168 Closed
1832 Asset Management
122
1832 Asset Management
Ontario, Canada
– -$6K -150 Closed
DADC
123
D.A. Davidson & Co
Montana
– -$4K -120 Closed
TFA
124
Transamerica Financial Advisors
Florida
– -$1K -6 Closed
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.