iShares US Financial Services ETF
115 hedge funds and large institutions have $645M invested in iShares US Financial Services ETF in 2017 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 26 reducing their positions, and 15 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 26
6.02% more ownership
Funds ownership: 142.4% → 148.42% (+6%)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
2% more capital invested
Capital invested by funds: $630M → $645M (+$14.2M)
0% more funds holding
Funds holding: 115 → 115 (0)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
58% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $3.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.8M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.94M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.74M |
| 4 |
Goldman Sachs
New York
|
+$2.33M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$11.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.22M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.15M |
| 4 |
Morgan Stanley
New York
|
-$3.18M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Simplex Trading
Chicago,
Illinois
| – | -$27K | -768 | Closed |
|
|
ASN
127
Advisory Services Network
Atlanta,
Georgia
| – | -$14K | -372 | Closed |
|
|
MAS
128
Madden Advisory Services
Jacksonville,
Florida
| – | -$12K | -342 | Closed |
|
|
AIM
129
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$8K | -225 | Closed |
|
130
Barclays
London,
United Kingdom
| – | -$6K | -159 | Closed |
|
IYG Hedge Fund Activity: Q2 2017 in Review
115 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2017, worth a combined $645M — up 2.3% from $630M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IYG positions and 15 closed out — a net gain of 1 holder — while 49 added to existing stakes and 26 trimmed.
The largest buyer was BB&T Securities, adding an estimated $5.8M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $11.5M.
- 115 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $645M of iShares US Financial Services ETF stock for Q2 2017, up 2.3% quarter-over-quarter.
- 16 funds opened new iShares US Financial Services ETF positions in Q2 2017 and 15 closed out, a net change of +1 holder.
- The largest iShares US Financial Services ETF buyer in Q2 2017 was BB&T Securities, an estimated $5.8M added.
- The largest iShares US Financial Services ETF seller in Q2 2017 was Harel Insurance Investments & Financial Services, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2017.