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iShares US Financial Services ETF
IYG

219 hedge funds and large institutions have $810M invested in iShares US Financial Services ETF in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 52 increasing their positions, 75 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 16

15% more capital invested

Capital invested by funds: $706M → $810M (+$104M)

12% more funds holding

Funds holding: 196 → 219 (+23)

9.75% more ownership

Funds ownership: 187.36% → 197.1% (+9.7%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

31% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 75

73% less call options, than puts

Call options by funds: $129K | Put options by funds: $484K

Holders
219
Holders Change
+23
Holders Change %
+11.73%
% of All Funds
3.19%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
42
Increased
52
Reduced
75
Closed
16
Calls
$129K
Puts
$484K
Net Calls
-$355K
Net Calls Change
-$510K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$52.8M
2
JP Morgan Chase
JP Morgan Chase
New York
+$3.27M
3
PCH
PGIM Custom Harvest
New Jersey
+$3.12M
4
SCA
Southern Capital Advisors
Tennessee
+$2.97M
5
BWFA
Baltimore-Washington Financial Advisors
Maryland
+$979K

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$30.5M
2
Bank of America
Bank of America
North Carolina
-$14.4M
3
RJA
Raymond James & Associates
Florida
-$4.11M
4
Osaic Holdings
Osaic Holdings
Arizona
-$3.04M
5
Millennium Management
Millennium Management
New York
-$2.92M
Name Holding Trade Value Shares
Change 		Change in
Stake
Fisher Asset Management
126
Fisher Asset Management
Washington
$234K +$211K +3,912 New
BSW
127
Buckingham Strategic Wealth
Missouri
$232K +$209K +3,879 New
Thrivent Financial for Lutherans
128
Thrivent Financial for Lutherans
Minnesota
$231K -$572K -10,629 -73%
WIA
129
Wetzel Investment Advisors
Indiana
$229K +$206K +3,834 New
CWA
130
Capital Wealth Alliance
Arizona
$228K -$40.2K -747 -16%
CB
131
Commerce Bank
Missouri
$224K +$202K +3,750 New
Wealth Enhancement Advisory Services
132
Wealth Enhancement Advisory Services
Minnesota
$221K +$199K +3,699 New
KF
133
KKM Financial
Illinois
$220K +$199K +3,690 New
SFM
134
Signet Financial Management
New Jersey
$216K +$195K +3,621 New
AWM
135
Apollon Wealth Management
South Carolina
$215K +$194K +3,597 New
AC
136
Abbrea Capital
California
$210K +$189K +3,519 New
LSA
137
Lion Street Advisors
Texas
$207K +$186K +3,462 New
SFI
138
SPC Financial Inc
Maryland
$206K -$64.6K -1,200 -26%
MA
139
Mutual Advisors
Nebraska
$205K +$184K +3,423 New
DC
140
Davenport & Co
Virginia
$204K +$184K +3,420 New
Qube Research & Technologies (QRT)
141
Qube Research & Technologies (QRT)
United Kingdom
$202K -$118K -2,196 -39%
RJT
142
Raymond James Trust
Florida
$201K +$181K +3,360 New
BIA
143
Biondo Investment Advisors
Pennsylvania
$201K +$181K +3,360 New
ADL
144
Asset Dedication LLC
California
$192K – – –
CWC
145
Carolinas Wealth Consulting
North Carolina
$190K – – –
AF
146
Advisornet Financial
Minnesota
$174K – – –
AWM
147
AllSquare Wealth Management
New York
$144K – – –
FFA
148
Founders Financial Alliance
North Carolina
$139K +$969 +18 +0.8%
QCG
149
Quadrant Capital Group
Ohio
$114K – – –
William Blair & Company
150
William Blair & Company
Illinois
$111K +$323 +6 +0.3%
4 5
6
7 8

IYG Hedge Fund Activity: Q4 2023 in Review

219 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2023, worth a combined $810M — up 15% from $706M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new IYG positions and 16 closed out — a net gain of 26 holders — while 52 added to existing stakes and 75 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $52.8M. The largest seller was Goldman Sachs, cutting an estimated $30.5M.

  • 219 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2023, up from 196 in Q3 2023.
  • Funds reported $810M of iShares US Financial Services ETF stock for Q4 2023, up 15% quarter-over-quarter.
  • 42 funds opened new iShares US Financial Services ETF positions in Q4 2023 and 16 closed out, a net change of +26 holders.
  • The largest iShares US Financial Services ETF buyer in Q4 2023 was Morgan Stanley, an estimated $52.8M added.
  • The largest iShares US Financial Services ETF seller in Q4 2023 was Goldman Sachs, an estimated $30.5M sold.

Based on aggregated 13F filings for Q4 2023.