iShares US Telecommunications ETF
IYZ
169 hedge funds and large institutions have $574M invested in iShares US Telecommunications ETF in 2025 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 56 increasing their positions, 49 reducing their positions, and 16 closing their positions.
106% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 16
14% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 49
9% more funds holding
Funds holding: 155 → 169 (+14)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less capital invested
Capital invested by funds: $576M → $574M (-$1.39M)
3.71% less ownership
Funds ownership: 90.8% → 87.09% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.19M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$5.36M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.07M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.74M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.3M |
| 2 |
SP
Sherman Porfolios
Coeur D'alene,
Idaho
|
-$8.65M |
| 3 |
SFCL
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
-$8.36M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.74M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.38M |
IYZ Hedge Fund Activity: Q4 2025 in Review
169 of the 8,265 institutional investors tracked by Wall St. Rank reported a position in iShares US Telecommunications ETF (IYZ) for Q4 2025, worth a combined $574M — down 0.24% from $576M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new IYZ positions and 16 closed out — a net gain of 17 holders — while 56 added to existing stakes and 49 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $6.19M. The largest seller was Millennium Management, exiting entirely with an estimated $15.3M sold.
- 169 institutional investors held iShares US Telecommunications ETF (IYZ) as of Q4 2025, up from 155 in Q3 2025.
- Funds reported $574M of iShares US Telecommunications ETF stock for Q4 2025, down 0.24% quarter-over-quarter.
- 33 funds opened new iShares US Telecommunications ETF positions in Q4 2025 and 16 closed out, a net change of +17 holders.
- The largest iShares US Telecommunications ETF buyer in Q4 2025 was Goldman Sachs, an estimated $6.19M added.
- The largest iShares US Telecommunications ETF seller in Q4 2025 was Millennium Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2025.