iShares US Financial Services ETF
143 hedge funds and large institutions have $961M invested in iShares US Financial Services ETF in 2018 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 21 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 33
10% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $1.37M
1.39% more ownership
Funds ownership: 175.69% → 177.08% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $994M → $961M (-$33.1M)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
2% less funds holding
Funds holding: 146 → 143 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.85M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$5.7M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$5.42M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$3.86M |
| 5 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$27.5M |
| 2 |
Morgan Stanley
New York
|
-$6.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.96M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.49M |
| 5 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$3.74M |
IYG Hedge Fund Activity: Q2 2018 in Review
143 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2018, worth a combined $961M — down 3.3% from $994M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of IYG and 19 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 43 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $7.85M. The largest seller was Meitav Investment House, cutting an estimated $27.5M.
- 143 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2018, down from 146 in Q1 2018.
- Funds reported $961M of iShares US Financial Services ETF stock for Q2 2018, down 3.3% quarter-over-quarter.
- 19 funds opened new iShares US Financial Services ETF positions in Q2 2018 and 21 closed out, a net change of -2 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2018 was Credit Suisse, an estimated $7.85M added.
- The largest iShares US Financial Services ETF seller in Q2 2018 was Meitav Investment House, an estimated $27.5M sold.
Based on aggregated 13F filings for Q2 2018.