iShares US Telecommunications ETF
126 hedge funds and large institutions have $264M invested in iShares US Telecommunications ETF in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 44 reducing their positions, and 17 closing their positions.
13% more capital invested
Capital invested by funds: $233M → $264M (+$31.4M)
8.62% more ownership
Funds ownership: 73.98% → 82.6% (+8.6%)
1% less funds holding
Funds holding: 127 → 126 (-1)
5% less call options, than puts
Call options by funds: $1.34M | Put options by funds: $1.41M
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
30% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cullen Capital Management
New York
|
+$48.7M |
| 2 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$19.1M |
| 3 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
+$5.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.78M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$27M |
| 2 |
PWM
Patriot Wealth Management
Houston,
Texas
|
-$7.69M |
| 3 |
Citigroup
New York
|
-$4.58M |
| 4 |
FIM
Foresters Investment Management
New York
|
-$4.51M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.85M |
IYZ Hedge Fund Activity: Q2 2018 in Review
126 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q2 2018, worth a combined $264M — up 13% from $233M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IYZ and 16 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 31 added.
The largest buyer was Cullen Capital Management, opening a new position worth an estimated $48.7M. The largest seller was Barclays, exiting entirely with an estimated $27M sold.
- 126 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q2 2018, down from 127 in Q1 2018.
- Funds reported $264M of iShares US Telecommunications ETF stock for Q2 2018, up 13% quarter-over-quarter.
- 16 funds opened new iShares US Telecommunications ETF positions in Q2 2018 and 17 closed out, a net change of -1 holder.
- The largest iShares US Telecommunications ETF buyer in Q2 2018 was Cullen Capital Management, an estimated $48.7M added.
- The largest iShares US Telecommunications ETF seller in Q2 2018 was Barclays, an estimated $27M sold.
Based on aggregated 13F filings for Q2 2018.