iShares Top 20 U.S. Stocks ETF
TOPT
31 hedge funds and large institutions have $41.1M invested in iShares Top 20 U.S. Stocks ETF in 2025 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
800% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 2
248% more call options, than puts
Call options by funds: $1.56M | Put options by funds: $448K
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
177% more capital invested
Capital invested by funds: $14.8M → $41.1M (+$26.2M)
107% more funds holding
Funds holding: 15 → 31 (+16)
11.29% more ownership
Funds ownership: 13% → 24.29% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$9.41M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.61M |
| 3 |
BlackRock
New York
|
+$4.26M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.14M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
-$510K |
| 2 |
GS
GTS Securities
New York
|
-$373K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$266K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$46.1K |
| 5 |
Morgan Stanley
New York
|
-$27.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFSG
26
Newbridge Financial Services Group
Boca Raton,
Florida
| $57.2K | +$61.4K | +2,400 | New |
|
|
PTC
27
Private Trust Company
Cleveland,
Ohio
| $54.4K | +$58.4K | +2,282 | New |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $14.7K | – | – | – |
|
|
29
Morgan Stanley
New York
| $13.1K | -$27.5K | -1,073 | -66% |
|
|
CWP
30
Concord Wealth Partners
Abingdon,
Virginia
| $4.17K | +$4.48K | +175 | New |
|
|
AIC
31
Archer Investment Corporation
Carmel,
Indiana
| $238 | +$256 | +10 | New |
|
|
32
Belvedere Trading
Chicago,
Illinois
| – | -$510K | -19,552 | Closed |
|
|
GS
33
GTS Securities
New York
| – | -$373K | -14,315 | Closed |
|
TOPT Hedge Fund Activity: Q1 2025 in Review
31 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in iShares Top 20 U.S. Stocks ETF (TOPT) for Q1 2025, worth a combined $41.1M — up 177% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TOPT positions and 2 closed out — a net gain of 16 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $9.41M. The largest seller was Belvedere Trading, exiting entirely with an estimated $510K sold.
- 31 institutional investors held iShares Top 20 U.S. Stocks ETF (TOPT) as of Q1 2025, up from 15 in Q4 2024.
- Funds reported $41.1M of iShares Top 20 U.S. Stocks ETF stock for Q1 2025, up 177% quarter-over-quarter.
- 18 funds opened new iShares Top 20 U.S. Stocks ETF positions in Q1 2025 and 2 closed out, a net change of +16 holders.
- The largest iShares Top 20 U.S. Stocks ETF buyer in Q1 2025 was Cetera Investment Advisers, an estimated $9.41M added.
- The largest iShares Top 20 U.S. Stocks ETF seller in Q1 2025 was Belvedere Trading, an estimated $510K sold.
Based on aggregated 13F filings for Q1 2025.