iShares US Telecommunications ETF
100 hedge funds and large institutions have $337M invested in iShares US Telecommunications ETF in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 18 closing their positions.
44% more capital invested
Capital invested by funds: $234M → $337M (+$103M)
43% more call options, than puts
Call options by funds: $43K | Put options by funds: $30K
12.58% more ownership
Funds ownership: 51.57% → 64.15% (+13%)
2% less funds holding
Funds holding: 102 → 100 (-2)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
40% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$52.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$9.58M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.15M |
| 5 |
GA
Giralda Advisors
New York
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$3.63M |
| 2 |
SCCM
Schafer Cullen Capital Management
New York
|
-$3.34M |
| 3 |
Morgan Stanley
New York
|
-$3.32M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.94M |
| 5 |
UAS
United Asset Strategies
Garden City,
New York
|
-$2.83M |
IYZ Hedge Fund Activity: Q1 2014 in Review
100 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q1 2014, worth a combined $337M — up 44% from $234M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of IYZ and 16 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 24 added.
The largest buyer was Bank of America, adding an estimated $52.3M. The largest seller was SG Americas Securities, cutting an estimated $3.63M.
- 100 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q1 2014, down from 102 in Q4 2013.
- Funds reported $337M of iShares US Telecommunications ETF stock for Q1 2014, up 44% quarter-over-quarter.
- 16 funds opened new iShares US Telecommunications ETF positions in Q1 2014 and 18 closed out, a net change of -2 holders.
- The largest iShares US Telecommunications ETF buyer in Q1 2014 was Bank of America, an estimated $52.3M added.
- The largest iShares US Telecommunications ETF seller in Q1 2014 was SG Americas Securities, an estimated $3.63M sold.
Based on aggregated 13F filings for Q1 2014.