iShares US Financial Services ETF
140 hedge funds and large institutions have $961M invested in iShares US Financial Services ETF in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 6 closing their positions.
500% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
26% more funds holding
Funds holding: 111 → 140 (+29)
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
11% more capital invested
Capital invested by funds: $866M → $961M (+$94.9M)
1.15% less ownership
Funds ownership: 184.39% → 183.24% (-1.1%)
75% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $4.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$17.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.46M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$4.29M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$4.24M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$59.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$18.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.73M |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$6.51M |
| 5 |
LPL Financial
San Diego,
California
|
-$4.48M |
IYG Hedge Fund Activity: Q4 2017 in Review
140 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q4 2017, worth a combined $961M — up 11% from $866M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new IYG positions and 6 closed out — a net gain of 30 holders — while 40 added to existing stakes and 33 trimmed.
The largest buyer was Advisors Preferred, adding an estimated $17.2M. The largest seller was AssetMark Inc, cutting an estimated $59.9M.
- 140 institutional investors held iShares US Financial Services ETF (IYG) as of Q4 2017, up from 111 in Q3 2017.
- Funds reported $961M of iShares US Financial Services ETF stock for Q4 2017, up 11% quarter-over-quarter.
- 36 funds opened new iShares US Financial Services ETF positions in Q4 2017 and 6 closed out, a net change of +30 holders.
- The largest iShares US Financial Services ETF buyer in Q4 2017 was Advisors Preferred, an estimated $17.2M added.
- The largest iShares US Financial Services ETF seller in Q4 2017 was AssetMark Inc, an estimated $59.9M sold.
Based on aggregated 13F filings for Q4 2017.