iShares US Telecommunications ETF
106 hedge funds and large institutions have $324M invested in iShares US Telecommunications ETF in 2015 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 19 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
1% more funds holding
Funds holding: 105 → 106 (+1)
6.5% less ownership
Funds ownership: 66.98% → 60.48% (-6.5%)
16% less capital invested
Capital invested by funds: $385M → $324M (-$61.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$28.9M |
| 2 |
JP
Jana Partners
New York
|
+$13.5M |
| 3 |
LPL Financial
San Diego,
California
|
+$12.9M |
| 4 |
Morgan Stanley
New York
|
+$11.5M |
| 5 |
PAM
PVG Asset Management
Golden,
Colorado
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$57.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$49.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$34.7M |
| 4 |
Goldman Sachs
New York
|
-$11.5M |
| 5 |
SCCM
Schafer Cullen Capital Management
New York
|
-$2.09M |
IYZ Hedge Fund Activity: Q1 2015 in Review
106 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q1 2015, worth a combined $324M — down 16% from $385M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IYZ positions and 19 closed out — a net gain of 2 holders — while 34 added to existing stakes and 27 trimmed.
The largest buyer was UBS Group, adding an estimated $28.9M. The largest seller was Clal Insurance, exiting entirely with an estimated $57.2M sold.
- 106 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q1 2015, up from 105 in Q4 2014.
- Funds reported $324M of iShares US Telecommunications ETF stock for Q1 2015, down 16% quarter-over-quarter.
- 21 funds opened new iShares US Telecommunications ETF positions in Q1 2015 and 19 closed out, a net change of +2 holders.
- The largest iShares US Telecommunications ETF buyer in Q1 2015 was UBS Group, an estimated $28.9M added.
- The largest iShares US Telecommunications ETF seller in Q1 2015 was Clal Insurance, an estimated $57.2M sold.
Based on aggregated 13F filings for Q1 2015.