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iShares US Financial Services ETF
IYG

202 hedge funds and large institutions have $682M invested in iShares US Financial Services ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 63 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more call options, than puts

Call options by funds: $1.3M | Put options by funds: $711K

12.72% more ownership

Funds ownership: 163.96% → 176.68% (+13%)

6% more capital invested

Capital invested by funds: $645M → $682M (+$36.8M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 63

3% less funds holding

Funds holding: 209 → 202 (-7)

23% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 22

Holders
202
Holders Change
-7
Holders Change %
-3.35%
% of All Funds
3.17%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
17
Increased
63
Reduced
63
Closed
22
Calls
$1.3M
Puts
$711K
Net Calls
+$585K
Net Calls Change
+$1.4M

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$21.9M
2
RIG
RiverFront Investment Group
Virginia
+$16.8M
3
CAPTRUST Financial Advisors
CAPTRUST Financial Advisors
North Carolina
+$8.84M
4
BWFA
Baltimore-Washington Financial Advisors
Maryland
+$6.2M
5
Citadel Advisors
Citadel Advisors
Florida
+$5.31M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$8.32M
2
VFM
Valley Financial Management
New York
-$5.64M
3
Morgan Stanley
Morgan Stanley
New York
-$5.26M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$4.72M
5
TRCT
Tower Research Capital (TRC)
New York
-$4.06M
Name Holding Trade Value Shares
Change 		Change in
Stake
VAG
201
VisionPoint Advisory Group
Texas
$1.74K +$1.67K +33 New
LWANC
202
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.58K – – –
KFI
203
Key Financial Inc
Pennsylvania
$948 – – –
VFM
204
Valley Financial Management
New York
– -$5.64M -112,149 Closed
Millennium Management
205
Millennium Management
New York
– -$2M -39,747 Closed
SCA
206
Southern Capital Advisors
Tennessee
– -$1.19M -23,691 Closed
Marshall Wace
207
Marshall Wace
United Kingdom
– -$1.03M -20,400 Closed
NF
208
Nikulski Financial
Iowa
– -$625K -12,426 Closed
UWM
209
USAdvisors Wealth Management
Minnesota
– -$511K -10,158 Closed
VAFP
210
Vahanian & Associates Financial Planning
New York
– -$467K -9,285 Closed
Rockefeller Capital Management
211
Rockefeller Capital Management
New York
– -$463K -9,204 Closed
GCP
212
GSA Capital Partners
United Kingdom
– -$431K -8,568 Closed
Cerity Partners
213
Cerity Partners
New York
– -$214K -4,260 Closed
RJT
214
Raymond James Trust
Florida
– -$207K -4,122 Closed
PCM
215
Pointe Capital Management
Michigan
– -$135K -2,676 Closed
TWC
216
TD Waterhouse Canada
Ontario, Canada
– -$116K -2,148 Closed
BAM
217
Belpointe Asset Management
Nevada
– -$70.8K -1,407 Closed
Qube Research & Technologies (QRT)
218
Qube Research & Technologies (QRT)
United Kingdom
– -$61.3K -1,218 Closed
Bank Julius Baer & Co
219
Bank Julius Baer & Co
Switzerland
– -$28K -552 Closed
WP
220
WealthShield Partners
North Carolina
– -$4.08K -81 Closed
MWC
221
MBM Wealth Consultants
Missouri
– -$4K -72 Closed
AIM
222
Anchor Investment Management
South Carolina
– -$2.57K -51 Closed
BA
223
Bellwether Advisors
Nebraska
– -$2.11K -42 Closed
FHA
224
First Horizon Advisors
Tennessee
– -$2.02K -39 Closed
ACA
225
Aptus Capital Advisors
Alabama
– -$1.66K -33 Closed
5 6 7 8
9

IYG Hedge Fund Activity: Q2 2023 in Review

202 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2023, worth a combined $682M — up 5.7% from $645M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of IYG and 17 opened new positions — a net loss of 5 holders — while 63 trimmed existing stakes and 63 added.

The largest buyer was Bank of America, adding an estimated $21.9M. The largest seller was Goldman Sachs, cutting an estimated $8.32M.

  • 202 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2023, down from 209 in Q1 2023.
  • Funds reported $682M of iShares US Financial Services ETF stock for Q2 2023, up 5.7% quarter-over-quarter.
  • 17 funds opened new iShares US Financial Services ETF positions in Q2 2023 and 22 closed out, a net change of -5 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2023 was Bank of America, an estimated $21.9M added.
  • The largest iShares US Financial Services ETF seller in Q2 2023 was Goldman Sachs, an estimated $8.32M sold.

Based on aggregated 13F filings for Q2 2023.