iShares US Financial Services ETF
230 hedge funds and large institutions have $875M invested in iShares US Financial Services ETF in 2024 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 66 increasing their positions, 67 reducing their positions, and 22 closing their positions.
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
8% more capital invested
Capital invested by funds: $807M → $875M (+$67.7M)
1.61% more ownership
Funds ownership: 60.92% → 62.53% (+1.6%)
1% more funds holding
Funds holding: 228 → 230 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$17.7M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$4.02M |
| 3 |
BlackRock
New York
|
+$2.78M |
| 4 |
Jane Street
New York
|
+$2.42M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.49M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$3.03M |
| 4 |
Millennium Management
New York
|
-$2.09M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$1.77M |
IYG Hedge Fund Activity: Q3 2024 in Review
230 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2024, worth a combined $875M — up 8.4% from $807M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IYG positions and 22 closed out — a net gain of 5 holders — while 66 added to existing stakes and 67 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $17.7M. The largest seller was Bank of America, cutting an estimated $11.9M.
- 230 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2024, up from 228 in Q2 2024.
- Funds reported $875M of iShares US Financial Services ETF stock for Q3 2024, up 8.4% quarter-over-quarter.
- 27 funds opened new iShares US Financial Services ETF positions in Q3 2024 and 22 closed out, a net change of +5 holders.
- The largest iShares US Financial Services ETF buyer in Q3 2024 was International Assets Investment Management, an estimated $17.7M added.
- The largest iShares US Financial Services ETF seller in Q3 2024 was Bank of America, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2024.