iShares US Financial Services ETF
83 hedge funds and large institutions have $436M invested in iShares US Financial Services ETF in 2015 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 17 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
48% more call options, than puts
Call options by funds: $2.76M | Put options by funds: $1.86M
18.14% more ownership
Funds ownership: 136.61% → 154.75% (+18%)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $393M → $436M (+$42.6M)
1% more funds holding
Funds holding: 82 → 83 (+1)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$25.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.93M |
| 4 |
Morgan Stanley
New York
|
+$4.93M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$40.6M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$8.71M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
-$5.53M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.72M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.29M |
IYG Hedge Fund Activity: Q4 2015 in Review
83 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2015, worth a combined $436M — up 11% from $393M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IYG positions and 17 closed out — a net gain of 2 holders — while 33 added to existing stakes and 20 trimmed.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $25.3M. The largest seller was AssetMark Inc, cutting an estimated $40.6M.
- 83 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2015, up from 82 in Q3 2015.
- Funds reported $436M of iShares US Financial Services ETF stock for Q4 2015, up 11% quarter-over-quarter.
- 19 funds opened new iShares US Financial Services ETF positions in Q4 2015 and 17 closed out, a net change of +2 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2015 was Pinnacle Advisory Group, an estimated $25.3M added.
- The largest iShares US Financial Services ETF seller in Q4 2015 was AssetMark Inc, an estimated $40.6M sold.
Based on aggregated 13F filings for Q4 2015.