iShares US Telecommunications ETF
94 hedge funds and large institutions have $255M invested in iShares US Telecommunications ETF in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 37 reducing their positions, and 13 closing their positions.
353% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $245K
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% less funds holding
Funds holding: 95 → 94 (-1)
5.32% less ownership
Funds ownership: 64.66% → 59.34% (-5.3%)
12% less capital invested
Capital invested by funds: $289M → $255M (-$33.4M)
30% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.91M |
| 2 |
PWM
Patriot Wealth Management
Houston,
Texas
|
+$4.79M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.68M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.46M |
| 5 |
Jane Street
New York
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.2M |
| 2 |
Citigroup
New York
|
-$17.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$17.3M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$7.72M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFM
101
Parsec Financial Management
Asheville,
North Carolina
| – | -$209K | -8,095 | Closed |
|
102
Barclays
London,
United Kingdom
| – | -$184K | -7,115 | Closed |
|
|
EWM
103
Evercore Wealth Management
New York
| – | -$50K | -1,895 | Closed |
|
|
FHC
104
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$12K | -458 | Closed |
|
|
FANJ
105
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$8K | -300 | Closed |
|
106
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -85 | Closed |
|
|
SPL
107
Smart Portfolios LLC
Seattle,
Washington
| – | -$660 | -25 | Closed |
|
IYZ Hedge Fund Activity: Q3 2013 in Review
94 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q3 2013, worth a combined $255M — down 12% from $289M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IYZ positions and 13 closed out — a net gain of 1 holder — while 26 added to existing stakes and 37 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.91M. The largest seller was Deutsche Bank, cutting an estimated $19.2M.
- 94 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q3 2013, down from 95 in Q2 2013.
- Funds reported $255M of iShares US Telecommunications ETF stock for Q3 2013, down 12% quarter-over-quarter.
- 14 funds opened new iShares US Telecommunications ETF positions in Q3 2013 and 13 closed out, a net change of +1 holder.
- The largest iShares US Telecommunications ETF buyer in Q3 2013 was Goldman Sachs, an estimated $5.91M added.
- The largest iShares US Telecommunications ETF seller in Q3 2013 was Deutsche Bank, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2013.