ARK Israel Innovative Technology ETF
IZRL
24 hedge funds and large institutions have $5.6M invested in ARK Israel Innovative Technology ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 8 closing their positions.
8% less funds holding
Funds holding: 26 → 24 (-2)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
78% less capital invested
Capital invested by funds: $25.9M → $5.6M (-$20.3M)
87.87% less ownership
Funds ownership: 110.58% → 22.71% (-88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$217K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$205K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$106K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$29.5K |
| 5 |
CP
Corbenic Partners
Bethlehem,
Pennsylvania
|
+$12.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$20.1M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$851K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$230K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$222K |
| 5 |
Jane Street
New York
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$230K | -9,615 | Closed |
|
|
PAG
27
Private Advisor Group
Morristown,
New Jersey
| – | -$222K | -9,288 | Closed |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$204K | -8,514 | Closed |
|
|
LTI
29
Laffer Tengler Investments
Nashville,
Tennessee
| – | -$188K | -7,870 | Closed |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| – | -$146K | -6,100 | Closed |
|
|
SF
31
Synovus Financial
Columbus,
Georgia
| – | -$12K | -500 | Closed |
|
|
BEI
32
Benjamin Edwards Inc
Clayton,
Missouri
| – | -$5K | -206 | Closed |
|
IZRL Hedge Fund Activity: Q3 2020 in Review
24 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ARK Israel Innovative Technology ETF (IZRL) for Q3 2020, worth a combined $5.6M — down 78% from $25.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IZRL and 6 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Davenport & Co, opening a new position worth an estimated $217K. The largest seller was Wells Fargo, cutting an estimated $20.1M.
- 24 institutional investors held ARK Israel Innovative Technology ETF (IZRL) as of Q3 2020, down from 26 in Q2 2020.
- Funds reported $5.6M of ARK Israel Innovative Technology ETF stock for Q3 2020, down 78% quarter-over-quarter.
- 6 funds opened new ARK Israel Innovative Technology ETF positions in Q3 2020 and 8 closed out, a net change of -2 holders.
- The largest ARK Israel Innovative Technology ETF buyer in Q3 2020 was Davenport & Co, an estimated $217K added.
- The largest ARK Israel Innovative Technology ETF seller in Q3 2020 was Wells Fargo, an estimated $20.1M sold.
Based on aggregated 13F filings for Q3 2020.