iShares US Telecommunications ETF
96 hedge funds and large institutions have $237M invested in iShares US Telecommunications ETF in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 41 reducing their positions, and 22 closing their positions.
9% less funds holding
Funds holding: 106 → 96 (-10)
13.18% less ownership
Funds ownership: 60.48% → 47.3% (-13%)
27% less capital invested
Capital invested by funds: $324M → $237M (-$87M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
51% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 41
Top Buyers
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.18M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$6.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.5M |
| 4 |
Goldman Sachs
New York
|
+$4.22M |
| 5 |
AGM
Alpine Global Management
New York
|
+$3.81M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$28.6M |
| 2 |
Morgan Stanley
New York
|
-$17.1M |
| 3 |
JP
Jana Partners
New York
|
-$13.6M |
| 4 |
LPL Financial
San Diego,
California
|
-$12M |
| 5 |
Citigroup
New York
|
-$7.54M |
IYZ Hedge Fund Activity: Q2 2015 in Review
96 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q2 2015, worth a combined $237M — down 27% from $324M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IYZ and 13 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 20 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $6.18M. The largest seller was UBS Group, cutting an estimated $28.6M.
- 96 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q2 2015, down from 106 in Q1 2015.
- Funds reported $237M of iShares US Telecommunications ETF stock for Q2 2015, down 27% quarter-over-quarter.
- 13 funds opened new iShares US Telecommunications ETF positions in Q2 2015 and 22 closed out, a net change of -9 holders.
- The largest iShares US Telecommunications ETF buyer in Q2 2015 was Envestnet Asset Management, an estimated $6.18M added.
- The largest iShares US Telecommunications ETF seller in Q2 2015 was UBS Group, an estimated $28.6M sold.
Based on aggregated 13F filings for Q2 2015.