iShares US Financial Services ETF
235 hedge funds and large institutions have $60.7B invested in iShares US Financial Services ETF in 2021 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 89 increasing their positions, 58 reducing their positions, and 18 closing their positions.
6,540% more capital invested
Capital invested by funds: $915M → $60.7B (+$59.8B)
174% more call options, than puts
Call options by funds: $1.17M | Put options by funds: $426K
128% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 18
53% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 58
26.64% more ownership
Funds ownership: 183.04% → 209.68% (+27%)
10% more funds holding
Funds holding: 213 → 235 (+22)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$107M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$96.3M |
| 3 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$94.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$90.8M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$77.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MW
Marks Wealth
Annapolis,
Maryland
|
-$18.8M |
| 2 |
LGA
Lebenthal Global Advisors
Hauppauge,
New York
|
-$8.46M |
| 3 |
WIA
Wealthstreet Investment Advisors
Dallas,
Texas
|
-$4.38M |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$2.99M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.3M |
IYG Hedge Fund Activity: Q2 2021 in Review
235 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2021, worth a combined $60.7B — up 6,540% from $915M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new IYG positions and 18 closed out — a net gain of 23 holders — while 89 added to existing stakes and 58 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $107M. The largest seller was Marks Wealth, exiting entirely with an estimated $18.8M sold.
- 235 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2021, up from 213 in Q1 2021.
- Funds reported $60.7B of iShares US Financial Services ETF stock for Q2 2021, up 6,540% quarter-over-quarter.
- 41 funds opened new iShares US Financial Services ETF positions in Q2 2021 and 18 closed out, a net change of +23 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2021 was Envestnet Asset Management, an estimated $107M added.
- The largest iShares US Financial Services ETF seller in Q2 2021 was Marks Wealth, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2021.