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iShares US Financial Services ETF
IYG

219 hedge funds and large institutions have $1.28B invested in iShares US Financial Services ETF in 2020 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 59 increasing their positions, 32 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

428% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 18

259% more call options, than puts

Call options by funds: $728K | Put options by funds: $203K

184% more capital invested

Capital invested by funds: $452M → $1.28B (+$830M)

84% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 32

54% more funds holding

Funds holding: 142 → 219 (+77)

51.93% more ownership

Funds ownership: 188.49% → 240.42% (+52%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
219
Holders Change
+77
Holders Change %
+54.23%
% of All Funds
4.49%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
95
Increased
59
Reduced
32
Closed
18
Calls
$728K
Puts
$203K
Net Calls
+$525K
Net Calls Change
+$186K

Top Buyers

Rank Fund Capital Flow
1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$279M
2
LPL Financial
LPL Financial
California
+$47.9M
3
Bank of America
Bank of America
North Carolina
+$40.3M
4
RIG
RiverFront Investment Group
Virginia
+$33.2M
5
PAS
Park Avenue Securities
New York
+$32.6M

Top Sellers

Rank Fund Capital Flow
1
MCWS
McKinley Carter Wealth Services
West Virginia
-$13.4M
2
Goldman Sachs
Goldman Sachs
New York
-$11M
3
CAM
Cresset Asset Management
Illinois
-$6.14M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$4.68M
5
RW
RVW Wealth
California
-$3.55M
Name Holding Trade Value Shares
Change 		Change in
Stake
DE
101
Day & Ennis
Georgia
$761K +$735K +19,116 New
Carson Wealth (CWM LLC)
102
Carson Wealth (CWM LLC)
Nebraska
$755K – – –
TF
103
Trek Financial
Arizona
$755K +$729K +18,978 New
C1AG
104
Client 1st Advisory Group
Florida
$722K +$680K +17,697 New
IWC
105
Integrated Wealth Concepts
Massachusetts
$714K +$690K +17,949 New
SFG
106
Summit Financial Group
West Virginia
$660K – – –
BHWM
107
Bay Harbor Wealth Management
Maryland
$658K +$636K +16,545 New
RIA
108
Regal Investment Advisors
Michigan
$638K +$616K +16,032 New
TPWA
109
TRUE Private Wealth Advisors
Oregon
$627K +$505K +13,152 +506%
APW
110
Austin Private Wealth
Texas
$624K +$603K +15,690 New
NL
111
NWAM LLC
Washington
$601K +$581K +15,111 New
Jane Street
112
Jane Street
New York
$588K -$1.84M -47,862 -76%
GPA
113
Garrison Point Advisors
California
$581K -$576 -15 -0.1%
RCA
114
Rowland Carmichael Advisors
Arizona
$580K +$560K +14,580 New
SWA
115
Stratos Wealth Advisors
Ohio
$575K +$508K +13,212 +1,074%
LGWM
116
Litman Gregory Wealth Management
California
$573K – – –
PFA
117
Pettinga Financial Advisors
Indiana
$563K +$544K +14,148 New
HIM
118
Hanlon Investment Management
New Jersey
$551K +$532K +13,854 New
Susquehanna International Group
119
Susquehanna International Group
Pennsylvania
$548K -$4.68M -121,872 -90%
MYIA
120
Mount Yale Investment Advisors
Colorado
$537K +$518K +13,482 New
MWC
121
MBM Wealth Consultants
Missouri
$530K +$512K +13,335 New
CAS
122
Cascadia Advisory Services
Oregon
$503K +$486K +12,639 New
MAWCM
123
Mine & Arao Wealth Creation & Management
California
$481K -$7.84K -204 -2%
CRWM
124
Castle Rock Wealth Management
California
$460K -$21.7K -564 -5%
Marshall Wace
125
Marshall Wace
United Kingdom
$459K +$317K +8,247 +252%
3 4
5
6 7

IYG Hedge Fund Activity: Q2 2020 in Review

219 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2020, worth a combined $1.28B — up 184% from $452M a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new IYG positions and 18 closed out — a net gain of 77 holders — while 59 added to existing stakes and 32 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $279M. The largest seller was McKinley Carter Wealth Services, cutting an estimated $13.4M.

  • 219 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2020, up from 142 in Q1 2020.
  • Funds reported $1.28B of iShares US Financial Services ETF stock for Q2 2020, up 184% quarter-over-quarter.
  • 95 funds opened new iShares US Financial Services ETF positions in Q2 2020 and 18 closed out, a net change of +77 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2020 was Envestnet Asset Management, an estimated $279M added.
  • The largest iShares US Financial Services ETF seller in Q2 2020 was McKinley Carter Wealth Services, an estimated $13.4M sold.

Based on aggregated 13F filings for Q2 2020.