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iShares US Telecommunications ETF

122 hedge funds and large institutions have $182M invested in iShares US Telecommunications ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 46 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,345% more call options, than puts

Call options by funds: $1.25M | Put options by funds: $51K

8% less funds holding

Funds holding: 132122 (-10)

19.96% less ownership

Funds ownership: 88.98%69.03% (-20%)

32% less capital invested

Capital invested by funds: $269M → $182M (-$86.8M)

33% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 46

45% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 22

Holders
122
Holders Change
-10
Holders Change %
-7.58%
% of All Funds
1.92%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
31
Reduced
46
Closed
22
Calls
$1.25M
Puts
$51K
Net Calls
+$1.2M
Net Calls Change
-$995K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$44.7M -$430K -19,669 -1%
Citigroup
2
Citigroup
New York
$17.2M -$52M -2,378,747 -75%
PCH
3
PGIM Custom Harvest
New Jersey
$13.8M -$6.43M -294,342 -32%
Bank of America
4
Bank of America
North Carolina
$9.54M -$355K -16,235 -4%
DWM
5
Dakota Wealth Management
Florida
$8.33M +$524K +23,967 +7%
BCI
6
Brinker Capital Investments
Pennsylvania
$8.12M +$181K +8,298 +2%
OPS
7
Orion Portfolio Solutions
Nebraska
$8.12M +$181K +8,298 +2%
Wells Fargo
8
Wells Fargo
California
$6.31M -$3.48M -159,017 -36%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$6.19M +$101K +4,602 +2%
JP Morgan Chase
10
JP Morgan Chase
New York
$5.56M +$23.9K +1,095 +0.4%
SFCL
11
Strengthening Families & Communities LLC
Massachusetts
$4.62M +$480K +21,956 +12%
LPL Financial
12
LPL Financial
California
$3.05M +$1.59M +72,915 +112%
UBS Group
13
UBS Group
Switzerland
$2.56M +$263K +12,028 +12%
OAM
14
Oppenheimer Asset Management
New York
$2.47M -$30.1K -1,379 -1%
CAPTRUST Financial Advisors
15
CAPTRUST Financial Advisors
North Carolina
$2.33M +$458K +20,975 +25%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.25M -$2.17M -99,255 -49%
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$2.21M +$65K +2,973 +3%
GLA
18
Great Lakes Advisors
Illinois
$1.96M +$93K +4,257 +5%
Corient Private Wealth
19
Corient Private Wealth
Florida
$1.75M -$860K -39,366 -33%
ASN
20
Advisory Services Network
Georgia
$1.62M +$104K +4,769 +7%
National Bank of Canada
21
National Bank of Canada
Quebec, Canada
$1.58M +$55.6K +2,546 +4%
DWM
22
Destination Wealth Management
California
$1.54M +$77.9K +3,566 +5%
RJA
23
Raymond James & Associates
Florida
$1.53M -$84.2K -3,851 -5%
Goldman Sachs
24
Goldman Sachs
New York
$1.4M +$187K +8,537 +16%
NB
25
NBT Bank
New York
$1.15M -$54.4K -2,488 -5%

IYZ Hedge Fund Activity: Q2 2023 in Review

122 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q2 2023, worth a combined $182M — down 32% from $269M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of IYZ and 12 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 31 added.

The largest buyer was LPL Financial, adding an estimated $1.59M. The largest seller was Citigroup, cutting an estimated $52M.

  • 122 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q2 2023, down from 132 in Q1 2023.
  • Funds reported $182M of iShares US Telecommunications ETF stock for Q2 2023, down 32% quarter-over-quarter.
  • 12 funds opened new iShares US Telecommunications ETF positions in Q2 2023 and 22 closed out, a net change of -10 holders.
  • The largest iShares US Telecommunications ETF buyer in Q2 2023 was LPL Financial, an estimated $1.59M added.
  • The largest iShares US Telecommunications ETF seller in Q2 2023 was Citigroup, an estimated $52M sold.

Based on aggregated 13F filings for Q2 2023.