iShares US Telecommunications ETF
102 hedge funds and large institutions have $234M invested in iShares US Telecommunications ETF in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 46 reducing their positions, and 12 closing their positions.
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
9% more funds holding
Funds holding: 94 → 102 (+8)
7.77% less ownership
Funds ownership: 59.34% → 51.57% (-7.8%)
8% less capital invested
Capital invested by funds: $255M → $234M (-$21.6M)
65% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 46
88% less call options, than puts
Call options by funds: $69K | Put options by funds: $595K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$4.51M |
| 2 |
SG Americas Securities
New York
|
+$4.36M |
| 3 |
SCCM
Schafer Cullen Capital Management
New York
|
+$3.21M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.76M |
| 5 |
SLF
Sun Life Financial
Toronto,
Ontario, Canada
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$15.9M |
| 2 |
GA
Giralda Advisors
New York
|
-$11.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.74M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.25M |
| 5 |
PWM
Patriot Wealth Management
Houston,
Texas
|
-$3.23M |
IYZ Hedge Fund Activity: Q4 2013 in Review
102 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q4 2013, worth a combined $234M — down 8.4% from $255M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new IYZ positions and 12 closed out — a net gain of 10 holders — while 16 added to existing stakes and 46 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $4.51M. The largest seller was Citigroup, cutting an estimated $15.9M.
- 102 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q4 2013, up from 94 in Q3 2013.
- Funds reported $234M of iShares US Telecommunications ETF stock for Q4 2013, down 8.4% quarter-over-quarter.
- 22 funds opened new iShares US Telecommunications ETF positions in Q4 2013 and 12 closed out, a net change of +10 holders.
- The largest iShares US Telecommunications ETF buyer in Q4 2013 was Goldman Sachs, an estimated $4.51M added.
- The largest iShares US Telecommunications ETF seller in Q4 2013 was Citigroup, an estimated $15.9M sold.
Based on aggregated 13F filings for Q4 2013.