iShares US Financial Services ETF
82 hedge funds and large institutions have $393M invested in iShares US Financial Services ETF in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 19 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
22% more call options, than puts
Call options by funds: $3.86M | Put options by funds: $3.18M
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
15% more capital invested
Capital invested by funds: $343M → $393M (+$50.5M)
5% more funds holding
Funds holding: 78 → 82 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
18.58% less ownership
Funds ownership: 155.19% → 136.61% (-19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$116M |
| 2 |
Morgan Stanley
New York
|
+$8.31M |
| 3 |
Goldman Sachs
New York
|
+$7.21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.74M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$34.5M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$12.2M |
| 3 |
BHB
Bank Hapoalim BM
Tel Aviv,
Israel
|
-$9M |
| 4 |
Jane Street
New York
|
-$6.68M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.18M |
IYG Hedge Fund Activity: Q3 2015 in Review
82 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q3 2015, worth a combined $393M — up 15% from $343M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IYG positions and 19 closed out — a net gain of 4 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was AssetMark Inc, adding an estimated $116M. The largest seller was Pinnacle Advisory Group, exiting entirely with an estimated $34.5M sold.
- 82 institutional investors held iShares US Financial Services ETF (IYG) as of Q3 2015, up from 78 in Q2 2015.
- Funds reported $393M of iShares US Financial Services ETF stock for Q3 2015, up 15% quarter-over-quarter.
- 23 funds opened new iShares US Financial Services ETF positions in Q3 2015 and 19 closed out, a net change of +4 holders.
- The largest iShares US Financial Services ETF buyer in Q3 2015 was AssetMark Inc, an estimated $116M added.
- The largest iShares US Financial Services ETF seller in Q3 2015 was Pinnacle Advisory Group, an estimated $34.5M sold.
Based on aggregated 13F filings for Q3 2015.