iShares US Telecommunications ETF
120 hedge funds and large institutions have $239M invested in iShares US Telecommunications ETF in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 34 increasing their positions, 32 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
13% more funds holding
Funds holding: 106 → 120 (+14)
6% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 32
3.14% less ownership
Funds ownership: 67.11% → 63.98% (-3.1%)
12% less capital invested
Capital invested by funds: $271M → $239M (-$31.7M)
44% less call options, than puts
Call options by funds: $2.73M | Put options by funds: $4.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$20.1M |
| 2 |
PWM
Patriot Wealth Management
Houston,
Texas
|
+$8.18M |
| 3 |
FIM
Foresters Investment Management
New York
|
+$5.93M |
| 4 |
Morgan Stanley
New York
|
+$5.06M |
| 5 |
SCCM
Schafer Cullen Capital Management
New York
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$28.3M |
| 2 |
JP Morgan Chase
New York
|
-$20.5M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$11.2M |
| 4 |
EDRH
Edmond de Rothschild Holding
Chambesy,
Switzerland
|
-$5.83M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$5.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
126
Greenleaf Trust
Kalamazoo,
Michigan
| – | -$288K | -9,461 | Closed |
|
|
SB
127
Simmons Bank
Pine Bluff,
Arkansas
| – | -$218K | -7,170 | Closed |
|
128
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$216K | -7,100 | Closed |
|
129
HighTower Advisors
Chicago,
Illinois
| – | -$202K | -6,598 | Closed |
|
130
Envestnet Asset Management
Chicago,
Illinois
| – | -$108K | -3,568 | Closed |
|
|
CTC
131
Central Trust Company
Jefferson City,
Missouri
| – | -$26K | -845 | Closed |
|
|
NFG
132
Next Financial Group
Houston,
Texas
| – | -$8K | -250 | Closed |
|
|
BP
133
Ballentine Partners
Waltham,
Massachusetts
| – | -$5K | -149 | Closed |
|
IYZ Hedge Fund Activity: Q4 2017 in Review
120 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q4 2017, worth a combined $239M — down 12% from $271M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new IYZ positions and 14 closed out — a net gain of 14 holders — while 34 added to existing stakes and 32 trimmed.
The largest buyer was Bank of America, adding an estimated $20.1M. The largest seller was Ameriprise, cutting an estimated $28.3M.
- 120 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q4 2017, up from 106 in Q3 2017.
- Funds reported $239M of iShares US Telecommunications ETF stock for Q4 2017, down 12% quarter-over-quarter.
- 28 funds opened new iShares US Telecommunications ETF positions in Q4 2017 and 14 closed out, a net change of +14 holders.
- The largest iShares US Telecommunications ETF buyer in Q4 2017 was Bank of America, an estimated $20.1M added.
- The largest iShares US Telecommunications ETF seller in Q4 2017 was Ameriprise, an estimated $28.3M sold.
Based on aggregated 13F filings for Q4 2017.