iShares US Financial Services ETF
219 hedge funds and large institutions have $1.28B invested in iShares US Financial Services ETF in 2020 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 59 increasing their positions, 32 reducing their positions, and 18 closing their positions.
428% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 18
259% more call options, than puts
Call options by funds: $728K | Put options by funds: $203K
184% more capital invested
Capital invested by funds: $452M → $1.28B (+$830M)
84% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 32
54% more funds holding
Funds holding: 142 → 219 (+77)
51.93% more ownership
Funds ownership: 188.49% → 240.42% (+52%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$279M |
| 2 |
LPL Financial
San Diego,
California
|
+$47.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$40.3M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$33.2M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$32.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
-$13.4M |
| 2 |
Goldman Sachs
New York
|
-$11M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$6.14M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.68M |
| 5 |
RW
RVW Wealth
Los Angeles,
California
|
-$3.55M |
IYG Hedge Fund Activity: Q2 2020 in Review
219 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2020, worth a combined $1.28B — up 184% from $452M a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new IYG positions and 18 closed out — a net gain of 77 holders — while 59 added to existing stakes and 32 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $279M. The largest seller was McKinley Carter Wealth Services, cutting an estimated $13.4M.
- 219 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2020, up from 142 in Q1 2020.
- Funds reported $1.28B of iShares US Financial Services ETF stock for Q2 2020, up 184% quarter-over-quarter.
- 95 funds opened new iShares US Financial Services ETF positions in Q2 2020 and 18 closed out, a net change of +77 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2020 was Envestnet Asset Management, an estimated $279M added.
- The largest iShares US Financial Services ETF seller in Q2 2020 was McKinley Carter Wealth Services, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2020.