iShares US Financial Services ETF
78 hedge funds and large institutions have $343M invested in iShares US Financial Services ETF in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 30 increasing their positions, 10 reducing their positions, and 11 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 10
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
48% more call options, than puts
Call options by funds: $3.7M | Put options by funds: $2.5M
30% more capital invested
Capital invested by funds: $264M → $343M (+$78.3M)
19.79% more ownership
Funds ownership: 135.4% → 155.19% (+20%)
15% more funds holding
Funds holding: 68 → 78 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$34.2M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$12.8M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$9.49M |
| 4 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
+$8.63M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$21M |
| 2 |
Morgan Stanley
New York
|
-$11M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.05M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.75M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$931K |
IYG Hedge Fund Activity: Q2 2015 in Review
78 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2015, worth a combined $343M — up 30% from $264M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new IYG positions and 11 closed out — a net gain of 11 holders — while 30 added to existing stakes and 10 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $34.2M. The largest seller was Chas P. Smith & Associates (CPS), exiting entirely with an estimated $21M sold.
- 78 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2015, up from 68 in Q1 2015.
- Funds reported $343M of iShares US Financial Services ETF stock for Q2 2015, up 30% quarter-over-quarter.
- 22 funds opened new iShares US Financial Services ETF positions in Q2 2015 and 11 closed out, a net change of +11 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2015 was Pinnacle Advisory Group, an estimated $34.2M added.
- The largest iShares US Financial Services ETF seller in Q2 2015 was Chas P. Smith & Associates (CPS), an estimated $21M sold.
Based on aggregated 13F filings for Q2 2015.