We are live on ! Find out more
IYG icon

iShares US Financial Services ETF
IYG

228 hedge funds and large institutions have $807M invested in iShares US Financial Services ETF in 2024 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 72 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

282% more call options, than puts

Call options by funds: $600K | Put options by funds: $157K

35% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 17

1% more funds holding

Funds holding: 226 → 228 (+2)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0.06% less ownership

Funds ownership: 60.98% → 60.92% (-0.06%)

4% less capital invested

Capital invested by funds: $842M → $807M (-$34.6M)

7% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 72

Holders
228
Holders Change
+2
Holders Change %
+0.88%
% of All Funds
3.29%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
23
Increased
67
Reduced
72
Closed
17
Calls
$600K
Puts
$157K
Net Calls
+$443K
Net Calls Change
+$364K

Top Buyers

1
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$10.5M
2
RJA
Raymond James & Associates
Florida
+$4.63M
3
PFA
Pinnacle Family Advisors
Missouri
+$3.02M
4
Millennium Management
Millennium Management
New York
+$2.49M
5
RIG
RiverFront Investment Group
Virginia
+$2.49M

Top Sellers

1
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
-$9.95M
2
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$6.42M
3
Goldman Sachs
Goldman Sachs
New York
-$3.74M
4
Jane Street
Jane Street
New York
-$2.71M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2.69M
Name Holding Trade Value Shares
Change 		Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$98.5M +$10.5M +161,646 +12%
RIG
2
RiverFront Investment Group
Virginia
$94.4M +$2.49M +38,283 +3%
Goldman Sachs
3
Goldman Sachs
New York
$73.1M -$3.74M -57,540 -5%
Morgan Stanley
4
Morgan Stanley
New York
$62.1M -$618K -9,514 -1%
Bank of America
5
Bank of America
North Carolina
$39.1M -$1.06M -16,256 -3%
RJA
6
Raymond James & Associates
Florida
$36.8M +$4.63M +71,320 +14%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$31.7M -$2.69M -41,439 -8%
LPL Financial
8
LPL Financial
California
$25M +$1.57M +24,170 +7%
BWFA
9
Baltimore-Washington Financial Advisors
Maryland
$24.4M +$800K +12,314 +3%
Wells Fargo
10
Wells Fargo
California
$23.7M +$90K +1,385 +0.4%
CWM
11
Circle Wealth Management
New Jersey
$19.2M – – –
KA
12
Kozak & Associates
Colorado
$16.8M +$1.62M +25,005 +11%
JP Morgan Chase
13
JP Morgan Chase
New York
$16.7M +$938K +14,447 +6%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$16.1M -$788K -12,137 -5%
UBS Group
15
UBS Group
Switzerland
$13.2M -$408K -6,280 -3%
FWCM
16
Ferguson Wellman Capital Management
Oregon
$10.4M -$299K -4,607 -3%
CAPTRUST Financial Advisors
17
CAPTRUST Financial Advisors
North Carolina
$10.4M -$1.15M -17,743 -10%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$9.75M -$207K -3,188 -2%
AFG
19
Arkansas Financial Group
Arkansas
$9.1M -$77.2K -1,188 -0.8%
SA
20
SAM Advisors
California
$7.92M -$124K -1,914 -2%
PCH
21
PGIM Custom Harvest
New Jersey
$7.65M +$729K +11,230 +11%
HCP
22
Holt Capital Partners
Texas
$7.61M -$112K -1,725 -1%
HCMG
23
Howard Capital Management Group
California
$7.31M +$236K +3,634 +3%
PAG
24
Private Advisor Group
New Jersey
$7.21M -$320K -4,923 -4%
Stifel Financial
25
Stifel Financial
Missouri
$5.83M +$34K +523 +0.6%
1
2 3 4 5

IYG Hedge Fund Activity: Q2 2024 in Review

228 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2024, worth a combined $807M — down 4.1% from $842M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new IYG positions and 17 closed out — a net gain of 6 holders — while 67 added to existing stakes and 72 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $10.5M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $9.95M sold.

  • 228 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2024, up from 226 in Q1 2024.
  • Funds reported $807M of iShares US Financial Services ETF stock for Q2 2024, down 4.1% quarter-over-quarter.
  • 23 funds opened new iShares US Financial Services ETF positions in Q2 2024 and 17 closed out, a net change of +6 holders.
  • The largest iShares US Financial Services ETF buyer in Q2 2024 was Envestnet Asset Management, an estimated $10.5M added.
  • The largest iShares US Financial Services ETF seller in Q2 2024 was BNP Paribas Financial Markets, an estimated $9.95M sold.

Based on aggregated 13F filings for Q2 2024.