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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
FRA
201
Front Row Advisors
California
$8.96K – – –
MFT
202
Moisand Fitzgerald Tamayo
Florida
$8.78K – – –
TWM
203
Tradition Wealth Management
Minnesota
$8K +$162 +3 +2%
SL
204
Salomon & Ludwin
Virginia
$7.58K – – –
GIA
205
Goodwin Investment Advisory
Georgia
$7.53K – – –
CFGS
206
Concourse Financial Group Securities
Alabama
$7.35K – – –
DAC
207
Dividend Assets Capital
South Carolina
$7K – – –
HBW
208
Hazlett, Burt & Watson
West Virginia
$7K – – –
CAS
209
Coppell Advisory Solutions
Texas
$6.45K +$5.82K +108 New
CT
210
Colonial Trust
South Carolina
$6.29K – – –
VWM
211
Venturi Wealth Management
Texas
$3.94K – – –
FAM
212
Family Asset Management
South Carolina
$3.76K +$3.39K +63 New
NMG
213
New Millennium Group
Utah
$3.58K – – –
TVAMP
214
Tennessee Valley Asset Management Partners
Tennessee
$3.58K +$3.23K +60 New
EDRH
215
Edmond de Rothschild Holding
Switzerland
$2.87K – – –
KWAG
216
Kiely Wealth Advisory Group
North Carolina
$2.19K +$1.94K +36 New
VAG
217
VisionPoint Advisory Group
Texas
$1.97K +$1.78K +33 New
LWANC
218
Laurel Wealth Advisors (North Carolina)
North Carolina
$1.79K – – –
GRP
219
Global Retirement Partners
California
$1.41K +$1.29K +24 New
KFI
220
Key Financial Inc
Pennsylvania
$1.07K – – –
Millennium Management
221
Millennium Management
New York
– -$2.92M -56,664 Closed
UCFA
222
United Capital Financial Advisors
Texas
– -$2.52M -48,870 Closed
SFG
223
Snider Financial Group
Washington
– -$1.74M -33,747 Closed
MFG
224
Merit Financial Group
Georgia
– -$1.43M -27,672 Closed
Koshinski Asset Management
225
Koshinski Asset Management
Illinois
– -$1.15M -22,404 Closed
6 7 8
9
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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.