iShares US Financial Services ETF
146 hedge funds and large institutions have $994M invested in iShares US Financial Services ETF in 2018 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 29 reducing their positions, and 17 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 29
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
4% more funds holding
Funds holding: 140 → 146 (+6)
3% more capital invested
Capital invested by funds: $961M → $994M (+$32.8M)
7.54% less ownership
Funds ownership: 183.24% → 175.69% (-7.5%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less call options, than puts
Call options by funds: $1.87M | Put options by funds: $2.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$17.4M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$14.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14.3M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$10.7M |
| 5 |
Goldman Sachs
New York
|
+$8.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Meitav Investment House
Bene-Beraq,
Israel
|
-$21.6M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$18.7M |
| 3 |
TSS
Two Sigma Securities
New York
|
-$6.86M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$6.34M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TH
151
Timber Hill
Greenwich,
Connecticut
| – | -$1.29M | -29,706 | Closed |
|
152
Wolverine Trading
Chicago,
Illinois
| – | -$694K | -15,270 | Closed |
|
153
SG Americas Securities
New York
| – | -$638K | -14,676 | Closed |
|
154
Koshinski Asset Management
Decatur,
Illinois
| – | -$421K | -9,678 | Closed |
|
|
DWA
155
Dorsey Wright & Associates
Pasadena,
California
| – | -$363K | -8,355 | Closed |
|
156
M&T Bank
Buffalo,
New York
| – | -$257K | -5,913 | Closed |
|
|
FA
157
FDx Advisors
Chicago,
Illinois
| – | -$242K | -5,556 | Closed |
|
|
IWA
158
Intercontinental Wealth Advisors
San Antonio,
Texas
| – | -$237K | -5,448 | Closed |
|
|
EWM
159
Evercore Wealth Management
New York
| – | -$104K | -2,400 | Closed |
|
|
EDRH
160
Edmond de Rothschild Holding
Chambesy,
Switzerland
| – | -$53K | -1,215 | Closed |
|
|
CA
161
Calton & Associates
Tampa,
Florida
| – | -$16K | -357 | Closed |
|
|
AC
162
Avestar Capital
New York
| – | -$12K | -285 | Closed |
|
|
SPI
163
Santori & Peters Inc
Canonsburg,
Pennsylvania
| – | -$11K | -261 | Closed |
|
IYG Hedge Fund Activity: Q1 2018 in Review
146 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q1 2018, worth a combined $994M — up 3.4% from $961M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new IYG positions and 17 closed out — a net gain of 7 holders — while 50 added to existing stakes and 29 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $17.4M. The largest seller was Meitav Investment House, cutting an estimated $21.6M.
- 146 institutional investors held iShares US Financial Services ETF (IYG) as of Q1 2018, up from 140 in Q4 2017.
- Funds reported $994M of iShares US Financial Services ETF stock for Q1 2018, up 3.4% quarter-over-quarter.
- 24 funds opened new iShares US Financial Services ETF positions in Q1 2018 and 17 closed out, a net change of +7 holders.
- The largest iShares US Financial Services ETF buyer in Q1 2018 was Allianz Asset Management, an estimated $17.4M added.
- The largest iShares US Financial Services ETF seller in Q1 2018 was Meitav Investment House, an estimated $21.6M sold.
Based on aggregated 13F filings for Q1 2018.