We are live on ! Find out more
IYG icon

iShares US Financial Services ETF
IYG

202 hedge funds and large institutions have $682M invested in iShares US Financial Services ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 63 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $711K

12.72% more ownership

Funds ownership: 163.96% → 176.68% (+13%)

6% more capital invested

Capital invested by funds: $645M → $682M (+$36.8M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 63

3% less funds holding

Funds holding: 209 → 202 (-7)

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

Holders
202
Holders Change
-7
Holders Change %
-3.35%
% of All Funds
3.17%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
17
Increased
63
Reduced
63
Closed
22
Calls
$1.3M
Puts
$711K
Net Calls
+$585K
Net Calls Change
+$1.4M

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$21.9M
2
RIG
RiverFront Investment Group
Virginia
+$16.8M
3
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
+$8.84M
4
BWFA
Baltimore-Washington Financial Advisors
Maryland
+$6.2M
5
Citadel Advisors
Citadel Advisors
Florida
+$5.31M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$8.32M
2
VFM
Valley Financial Management
New York
-$5.64M
3
Morgan Stanley
Morgan Stanley
New York
-$5.26M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$4.72M
5
TRCT
Tower Research Capital (TRC)
New York
-$4.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
EH
126
Equitable Holdings
New York
$231K +$6.84K +135 +3%
GFA
127
Gallagher Fiduciary Advisors
Illinois
$231K +$222K +4,386 New
TSS
128
Two Sigma Securities
New York
$222K +$214K +4,218 New
CIA
129
Capital Investment Advisors
Georgia
$221K – – –
CI
130
CX Institutional
Indiana
$209K +$201K +3,972 New
HSA
131
HBK Sorce Advisory
Pennsylvania
$208K +$200K +3,942 New
W
132
WealthOne
New York
$205K +$197K +3,891 New
Cetera Investment Advisers
133
Cetera Investment Advisers
Illinois
$204K +$196K +3,873 New
WAM
134
WNY Asset Management
New York
$200K -$64.6K -1,275 -25%
HI
135
Harbour Investments
Wisconsin
$182K +$36.3K +717 +26%
AF
136
Advisornet Financial
Minnesota
$182K -$66K -1,302 -27%
ADL
137
Asset Dedication LLC
California
$169K – – –
CWC
138
Carolinas Wealth Consulting
North Carolina
$167K – – –
IGWM
139
ICA Group Wealth Management
Colorado
$166K -$55.3K -1,092 -26%
MCM
140
Manchester Capital Management
Vermont
$141K – – –
FFA
141
Founders Financial Alliance
North Carolina
$122K -$5.63K -111 -5%
AWM
142
AllSquare Wealth Management
New York
$121K – – –
AA
143
AlphaMark Advisors
Kentucky
$112K -$7.6K -150 -7%
TPCW
144
TD Private Client Wealth
New York
$103K +$13.8K +273 +16%
QCG
145
Quadrant Capital Group
Ohio
$100K – – –
William Blair & Company
146
William Blair & Company
Illinois
$97.4K +$152 +3 +0.2%
OP
147
ORG Partners
Indiana
$79.7K +$76K +1,500 New
Fifth Third Bancorp
148
Fifth Third Bancorp
Ohio
$70.5K -$18.2K -360 -21%
S
149
SignatureFD
Georgia
$52.6K +$760 +15 +2%
CA
150
Centerpoint Advisors
Massachusetts
$51K – – –
4 5
6
7 8

IYG Hedge Fund Activity: Q2 2023 in Review

202 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2023, worth a combined $682M — up 5.7% from $645M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of IYG and 17 opened new positions — a net loss of 5 holders — while 63 trimmed existing stakes and 63 added.

The largest buyer was Bank of America, adding an estimated $21.9M. The largest seller was Goldman Sachs, cutting an estimated $8.32M.

  • 202 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2023, down from 209 in Q1 2023.
  • Funds reported $682M of iShares US Financial Services ETF stock for Q2 2023, up 5.7% quarter-over-quarter.
  • 17 funds opened new iShares US Financial Services ETF positions in Q2 2023 and 22 closed out, a net change of -5 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2023 was Bank of America, an estimated $21.9M added.
  • The largest iShares US Financial Services ETF seller in Q2 2023 was Goldman Sachs, an estimated $8.32M sold.

Based on aggregated 13F filings for Q2 2023.