iShares US Telecommunications ETF
124 hedge funds and large institutions have $383M invested in iShares US Telecommunications ETF in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 27 increasing their positions, 54 reducing their positions, and 28 closing their positions.
479% more call options, than puts
Call options by funds: $1.7M | Put options by funds: $294K
1.25% less ownership
Funds ownership: 71.41% → 70.15% (-1.3%)
9% less funds holding
Funds holding: 136 → 124 (-12)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
33% less capital invested
Capital invested by funds: $569M → $383M (-$186M)
50% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 54
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$34M |
| 2 |
Citigroup
New York
|
+$6.58M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.09M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.79M |
| 5 |
SCM
Segantii Capital Management
Hong Kong
|
+$4.01M |
Top Sellers
| 1 |
AssetMark Inc
Concord,
California
|
-$65.7M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$58.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$30.8M |
| 4 |
Goldman Sachs
New York
|
-$20.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$14M |
IYZ Hedge Fund Activity: Q3 2016 in Review
124 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q3 2016, worth a combined $383M — down 33% from $569M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of IYZ and 19 opened new positions — a net loss of 9 holders — while 54 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $34M. The largest seller was AssetMark Inc, exiting entirely with an estimated $65.7M sold.
- 124 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q3 2016, down from 136 in Q2 2016.
- Funds reported $383M of iShares US Telecommunications ETF stock for Q3 2016, down 33% quarter-over-quarter.
- 19 funds opened new iShares US Telecommunications ETF positions in Q3 2016 and 28 closed out, a net change of -9 holders.
- The largest iShares US Telecommunications ETF buyer in Q3 2016 was Morgan Stanley, an estimated $34M added.
- The largest iShares US Telecommunications ETF seller in Q3 2016 was AssetMark Inc, an estimated $65.7M sold.
Based on aggregated 13F filings for Q3 2016.