iShares US Financial Services ETF
69 hedge funds and large institutions have $269M invested in iShares US Financial Services ETF in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 9 closing their positions.
331% more call options, than puts
Call options by funds: $1.97M | Put options by funds: $456K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 72 → 69 (-3)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
21.26% less ownership
Funds ownership: 165.03% → 143.77% (-21%)
25% less capital invested
Capital invested by funds: $357M → $269M (-$87.5M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$3.88M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.34M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.75M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.27M |
| 5 |
Goldman Sachs
New York
|
+$741K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$32.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$15.5M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$12.4M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$6.67M |
| 5 |
SG Americas Securities
New York
|
-$5.8M |
IYG Hedge Fund Activity: Q2 2014 in Review
69 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2014, worth a combined $269M — down 25% from $357M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IYG and 6 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 23 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $3.88M. The largest seller was Chas P. Smith & Associates (CPS), cutting an estimated $32.5M.
- 69 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2014, down from 72 in Q1 2014.
- Funds reported $269M of iShares US Financial Services ETF stock for Q2 2014, down 25% quarter-over-quarter.
- 6 funds opened new iShares US Financial Services ETF positions in Q2 2014 and 9 closed out, a net change of -3 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2014 was Virtu KCG Holdings, an estimated $3.88M added.
- The largest iShares US Financial Services ETF seller in Q2 2014 was Chas P. Smith & Associates (CPS), an estimated $32.5M sold.
Based on aggregated 13F filings for Q2 2014.