iShares US Financial Services ETF
249 hedge funds and large institutions have $1.12B invested in iShares US Financial Services ETF in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 84 increasing their positions, 78 reducing their positions, and 25 closing their positions.
25% more call options, than puts
Call options by funds: $5.36M | Put options by funds: $4.29M
7% more capital invested
Capital invested by funds: $1.05B → $1.12B (+$69.5M)
8% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 78
0.19% less ownership
Funds ownership: 62.14% → 61.94% (-0.19%)
2% less funds holding
Funds holding: 254 → 249 (-5)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.58M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$7.18M |
| 3 |
Two Sigma Investments
New York
|
+$4.28M |
| 4 |
KA
Kozak & Associates
Highlands Ranch,
Colorado
|
+$3.96M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$16.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.86M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$5.17M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.83M |
IYG Hedge Fund Activity: Q2 2025 in Review
249 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in iShares US Financial Services ETF (IYG) for Q2 2025, worth a combined $1.12B — up 6.6% from $1.05B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of IYG and 22 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 84 added.
The largest buyer was Morgan Stanley, adding an estimated $8.58M. The largest seller was RiverFront Investment Group, cutting an estimated $16.5M.
- 249 institutional investors held iShares US Financial Services ETF (IYG) as of Q2 2025, down from 254 in Q1 2025.
- Funds reported $1.12B of iShares US Financial Services ETF stock for Q2 2025, up 6.6% quarter-over-quarter.
- 22 funds opened new iShares US Financial Services ETF positions in Q2 2025 and 25 closed out, a net change of -3 holders.
- The largest iShares US Financial Services ETF buyer in Q2 2025 was Morgan Stanley, an estimated $8.58M added.
- The largest iShares US Financial Services ETF seller in Q2 2025 was RiverFront Investment Group, an estimated $16.5M sold.
Based on aggregated 13F filings for Q2 2025.