iShares US Telecommunications ETF
119 hedge funds and large institutions have $269M invested in iShares US Telecommunications ETF in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 37 closing their positions.
873% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $214K
5.34% more ownership
Funds ownership: 62.99% → 68.32% (+5.3%)
6% less funds holding
Funds holding: 126 → 119 (-7)
16% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 37
28% less capital invested
Capital invested by funds: $374M → $269M (-$105M)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCCM
Schafer Cullen Capital Management
New York
|
+$22.7M |
| 2 |
Morgan Stanley
New York
|
+$19M |
| 3 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$16.1M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$9.19M |
| 5 |
SRSA
S.R. Schill & Associates
Mercer Island,
Washington
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$68.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$41.5M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$8.55M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$5.95M |
| 5 |
JP Morgan Chase
New York
|
-$5.43M |
IYZ Hedge Fund Activity: Q4 2018 in Review
119 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q4 2018, worth a combined $269M — down 28% from $374M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of IYZ and 31 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 26 added.
The largest buyer was Schafer Cullen Capital Management, opening a new position worth an estimated $22.7M. The largest seller was AMP Capital Investors, exiting entirely with an estimated $68.4M sold.
- 119 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q4 2018, down from 126 in Q3 2018.
- Funds reported $269M of iShares US Telecommunications ETF stock for Q4 2018, down 28% quarter-over-quarter.
- 31 funds opened new iShares US Telecommunications ETF positions in Q4 2018 and 37 closed out, a net change of -6 holders.
- The largest iShares US Telecommunications ETF buyer in Q4 2018 was Schafer Cullen Capital Management, an estimated $22.7M added.
- The largest iShares US Telecommunications ETF seller in Q4 2018 was AMP Capital Investors, an estimated $68.4M sold.
Based on aggregated 13F filings for Q4 2018.