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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
GT
176
Glenmede Trust
Pennsylvania
$28.9K – – –
FGA
177
Fortis Group Advisors
New Jersey
$28.7K +$12.9K +240 +100%
SIC
178
Salem Investment Counselors
North Carolina
$26.9K – – –
TFGT
179
TS Financial Group (TSFG)
Illinois
$24K – – –
TAM
180
Tucker Asset Management
Colorado
$20.6K – – –
SWA
181
SOA Wealth Advisors
New York
$20K +$323 +6 +2%
CIAS
182
Capital Investment Advisory Services
North Carolina
$19.5K +$162 +3 +0.9%
AA
183
Ancora Advisors
Ohio
$19.4K – – –
TSWM
184
Tyler-Stone Wealth Management
Ohio
$18.3K – – –
HIA
185
Harbor Investment Advisory
Maryland
$16.1K – – –
AWM
186
Aspire Wealth Management
Massachusetts
$16.1K +$162 +3 +1%
RIL
187
Rothschild Investment LLC
Illinois
$15.8K +$14.2K +264 New
NFSG
188
Newbridge Financial Services Group
Florida
$14.7K +$162 +3 +1%
AF
189
Allworth Financial
California
$13.9K – – –
HNB
190
Huntington National Bank
Ohio
$13.4K – – –
Bessemer Group
191
Bessemer Group
New Jersey
$13K – – –
GEA
192
Glen Eagle Advisors
New Jersey
$12.9K – – –
TC
193
Trust Company
Kansas
$12.4K – – –
PA
194
Parallel Advisors
California
$12.2K – – –
IA
195
IFP Advisors
Florida
$12K +$2.75K +51 +34%
LF
196
Lee Financial
Texas
$11.8K – – –
WTA
197
Washington Trust Advisors
Massachusetts
$11.5K – – –
IRC
198
Investors Research Corp
Georgia
$11.3K – – –
AWM
199
Abound Wealth Management
Tennessee
$8.96K – – –
AIC
200
Archer Investment Corporation
Indiana
$8.96K – – –
6 7
8
9 10

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.