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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.

New
Increased
Maintained
Reduced
Closed

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: 6878 (+10)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
78
Holders Change
+10
Holders Change %
+14.71%
% of All Funds
2.1%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
22
Increased
30
Reduced
10
Closed
11
Calls
$3.7M
Puts
$2.5M
Net Calls
+$1.2M
Net Calls Change
+$1.62M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$44.9M +$1.47M +47,244 +3%
Bank of America
2
Bank of America
North Carolina
$41.1M +$3.05M +98,211 +8%
Morgan Stanley
3
Morgan Stanley
New York
$37.3M -$11M -353,313 -23%
PAG
4
Pinnacle Advisory Group
Maryland
$34.5M +$34.2M +1,099,992 New
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$20.7M +$3.09M +99,615 +18%
Wells Fargo
6
Wells Fargo
California
$17M +$1.54M +49,449 +10%
MMA
7
Miracle Mile Advisors
California
$12.9M +$12.8M +412,095 New
UBS Group
8
UBS Group
Switzerland
$10.8M +$1.58M +50,961 +17%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$9.59M +$2.11M +67,926 +29%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$9.53M +$9.49M +305,715 New
HF
11
Hoxton Financial
West Virginia
$9.49M +$175K +5,652 +2%
BHB
12
Bank Hapoalim BM
Israel
$9M +$8.63M +278,070 +2,990%
CA
13
Cumberland Advisors
Florida
$7.51M +$397K +12,780 +6%
Jane Street
14
Jane Street
New York
$6.68M +$5.16M +166,137 +354%
Citadel Advisors
15
Citadel Advisors
Florida
$5.68M
HighTower Advisors
16
HighTower Advisors
Illinois
$5.41M +$5.35M +172,434 New
MCWS
17
McKinley Carter Wealth Services
West Virginia
$5.12M -$272K -8,748 -5%
ANTB
18
AMG National Trust Bank
Colorado
$5.07M +$32.7K +1,053 +0.7%
LPL Financial
19
LPL Financial
California
$4.22M +$802K +25,845 +24%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$3.46M +$111K +3,576 +3%
SI
21
Stephens Inc
Arkansas
$3.26M +$113K +3,654 +4%
MIAN
22
Mariner Independent Advisor Network
Kansas
$2.82M +$2.79M +89,949 New
GLRA
23
Gerald L. Ray & Associates
Texas
$2.82M +$35.1K +1,131 +1%
ACM
24
Avalon Capital Management
California
$2.76M +$2.74M +88,155 New
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$2.31M +$2.61K +84 +0.1%

IYG Hedge Fund Activity: Q2 2015 in Review

78 of the 3,711 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.