iShares US Telecommunications ETF
132 hedge funds and large institutions have $269M invested in iShares US Telecommunications ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 52 reducing their positions, and 34 closing their positions.
1,522% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $144K
8.23% less ownership
Funds ownership: 97.21% → 88.98% (-8.2%)
15% less funds holding
Funds holding: 156 → 132 (-24)
25% less capital invested
Capital invested by funds: $360M → $269M (-$90.6M)
48% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 52
56% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$22M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$8.37M |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$8.23M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$3.17M |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$38.2M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$15.3M |
| 3 |
Chevy Chase Trust
Bethesda,
Maryland
|
-$12.5M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$11.6M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.16M |
IYZ Hedge Fund Activity: Q1 2023 in Review
132 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q1 2023, worth a combined $269M — down 25% from $360M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of IYZ and 15 opened new positions — a net loss of 19 holders — while 52 trimmed existing stakes and 27 added.
The largest buyer was Citigroup, adding an estimated $22M. The largest seller was Morgan Stanley, cutting an estimated $38.2M.
- 132 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q1 2023, down from 156 in Q4 2022.
- Funds reported $269M of iShares US Telecommunications ETF stock for Q1 2023, down 25% quarter-over-quarter.
- 15 funds opened new iShares US Telecommunications ETF positions in Q1 2023 and 34 closed out, a net change of -19 holders.
- The largest iShares US Telecommunications ETF buyer in Q1 2023 was Citigroup, an estimated $22M added.
- The largest iShares US Telecommunications ETF seller in Q1 2023 was Morgan Stanley, an estimated $38.2M sold.
Based on aggregated 13F filings for Q1 2023.