iShares US Financial Services ETF
221 hedge funds and large institutions have $1.37B invested in iShares US Financial Services ETF in 2020 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 102 increasing their positions, 55 reducing their positions, and 28 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 55
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $1.28B → $1.37B (+$84.7M)
1% more funds holding
Funds holding: 219 → 221 (+2)
7.32% less ownership
Funds ownership: 240.42% → 233.1% (-7.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
82% less call options, than puts
Call options by funds: $246K | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$38.4M |
| 2 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$28.9M |
| 3 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
+$9.69M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.45M |
| 5 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
+$7.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$19.9M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$19M |
| 3 |
Morgan Stanley
New York
|
-$13.6M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.68M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.67M |
IYG Hedge Fund Activity: Q3 2020 in Review
221 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2020, worth a combined $1.37B — up 6.6% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IYG positions and 28 closed out — a net gain of 5 holders — while 102 added to existing stakes and 55 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $38.4M. The largest seller was Bank of America, cutting an estimated $19.9M.
- 221 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2020, up from 219 in Q2 2020.
- Funds reported $1.37B of iShares US Financial Services ETF stock for Q3 2020, up 6.6% quarter-over-quarter.
- 33 funds opened new iShares US Financial Services ETF positions in Q3 2020 and 28 closed out, a net change of +5 holders.
- The largest iShares US Financial Services ETF buyer in Q3 2020 was Envestnet Asset Management, an estimated $38.4M added.
- The largest iShares US Financial Services ETF seller in Q3 2020 was Bank of America, an estimated $19.9M sold.
Based on aggregated 13F filings for Q3 2020.