iShares U.S. Financials

IYF • ARCA

iShares U.S. Financials is an exchange-traded fund on ARCA. As of Q3 2025, 448 institutional investors hold shares in this ETF, with total holdings valued at $2.5B. Fisher Asset Management, LLC is the largest holder with a position valued at $225.9M.

Overview

Overview of institutional ownership in IYF as of Q3 2025

All Institutions

Institutions: 448
Value Held: $2.5B
Shares Held: 20.1M
Avg Position: $5.7M
Median Position: $562.8K

Hedge Funds

Hedge Funds: 9
Value Held: $54.5M
Shares Held: 430.4K
Avg Position: $6.1M
Median Position: $1.5M

Biggest Investors

Institutions with the largest positions in IYF as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
F Fisher Asset Management, LLC Institution	-	$225.9M 0.08% of portfolio	1.8M shares	Q2 2020 Held for 5y 6m	$276.29B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$200.9M 0.02% of portfolio	1.6M shares	≤ Q2 2013 Held for 12y 6m+	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$196.4M 0.01% of portfolio	1.6M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
P Phoenix Holdings Ltd. Institution	-	$151.5M 1.82% of portfolio	1.2M shares	Q1 2024 Held for 1y 9m	$8.3B
L LPL Financial LLC Institution	-	$89.9M 0.03% of portfolio	709.6K shares	≤ Q2 2013 Held for 12y 6m+	$340.07B
BANK OF MONTREAL /CAN/ Institution	Darryl White CEO	$88.6M 0.04% of portfolio	699.9K shares	≤ Q2 2013 Held for 12y 6m+	$227.19B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$84.2M 0.06% of portfolio	665.1K shares	Q1 2016 Held for 9y 9m	$149.83B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$82.6M 0.01% of portfolio	652.3K shares	≤ Q2 2013 Held for 12y 6m+	$691.37B
Green Harvest Asset Management LLC Long Only Manager	Stuart Sherman Parker CEO	$76.2M 1.17% of portfolio	602.0K shares	Q4 2022 Held for 3 years	$6.5B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$67.1M 0.01% of portfolio	530.1K shares	≤ Q2 2013 Held for 12y 6m+	$488.52B

Net Capital Flow

Institutional buying and selling activity for IYF in Q3 2025

Traded: +$60.1M
Buyers: 210
Sellers: 145
Total Bought: +$334.7M
Total Sold: −$274.7M
Avg Position: $5.3M

Biggest Buyers

Institution	Net Bought	Current Position
BANK OF MONTREAL /CAN/ Institution	+$82.2M +649.0K shares	$88.6M 699.9K shares
BlackRock, Inc. Institution	+$59.7M +471.8K shares	$60.0M 473.9K shares
Steward Partners Investment Advisory, LLC RIA/Wealth	+$36.8M +290.7K shares	$40.1M 317.0K shares
Dynasty Wealth Management, LLC Fund of Funds	+$34.6M +273.2K shares	$34.6M 273.2K shares
BANK OF AMERICA CORP /DE/ Institution	+$10.9M +86.2K shares	$200.9M 1.6M shares
M Moloney Securities Asset Management, LLC RIA/Wealth	+$8.8M +69.4K shares	$9.3M 73.4K shares
T Three Seasons Wealth, LLC RIA/Wealth	+$8.8M +69.3K shares	$8.8M 69.3K shares
R RPS ADVISORY SOLUTIONS LLC Institution	+$8.6M +67.9K shares	$8.6M 67.9K shares
WELLS FARGO & COMPANY/MN Institution	+$6.1M +47.8K shares	$67.1M 530.1K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$4.8M +38.3K shares	$29.5M 232.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
M MANUFACTURERES LIFE INSURANCE CO Institution	−$118.9M −983.1K shares	Sold Off 0 shares
H HSBC HOLDINGS PLC Institution	−$77.5M −640.6K shares	Sold Off 0 shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	−$17.2M −143.3K shares	Sold Off 0 shares
Horizon Wealth Management, LLC RIA/Wealth	−$13.4M −110.9K shares	Sold Off 0 shares
F Fisher Asset Management, LLC Institution	−$6.3M −50.1K shares	$225.9M 1.8M shares
GOLDMAN SACHS GROUP INC Institution	−$5.3M −41.6K shares	$82.6M 652.3K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	−$4.7M −36.9K shares	$84.2M 665.1K shares
Kestra Advisory Services, LLC RIA/Wealth	−$3.8M −29.7K shares	$17.2M 136.1K shares
Private Advisor Group, LLC RIA/Wealth	−$1.7M −13.1K shares	$4.3M 34.1K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$1.3M −10.3K shares	$1.7M 13.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited IYF in Q3 2025

New Positions: 18
New Value: $43.4M
Exited Positions: 32
Exited Value: $237.3M

New Positions

Institution	Position Value
Dynasty Wealth Management, LLC Fund of Funds	$34.6M 273.2K shares
VestGen Advisors, LLC RIA/Wealth	$2.5M 19.6K shares
FORTE ASSET MANAGEMENT LLC RIA/Wealth	$2.2M 17.6K shares
Connecticut Wealth Management, LLC RIA/Wealth	$712.0K 5.6K shares
Astoria Portfolio Advisors LLC. Fund of Funds	$629.9K 5.0K shares
HBW Advisory Services LLC RIA/Wealth	$507.3K 4.0K shares
Greenspring Advisors, LLC RIA/Wealth	$337.9K 2.7K shares
CITIZENS FINANCIAL GROUP INC/RI Institution	$335.3K 2.6K shares
FIRST FOUNDATION ADVISORS RIA/Wealth	$269.4K 2.1K shares
CHILTON INVESTMENT CO LLC Hedge Fund•Long/Short	$241.0K 1.9K shares

Exited Positions

Institution	Previous Position
M MANUFACTURERES LIFE INSURANCE CO Institution	$118.9M 983.1K shares
H HSBC HOLDINGS PLC Institution	$77.5M 640.6K shares
SCHRODER INVESTMENT MANAGEMENT GROUP RIA/Wealth	$17.2M 143.3K shares
Horizon Wealth Management, LLC RIA/Wealth	$13.4M 110.9K shares
V Virtue Capital Management, LLC RIA/Wealth	$1.1M 9.0K shares
G GTS SECURITIES LLC Institution	$1.0M 8.6K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$833.7K 6.9K shares
W WOLVERINE TRADING, LLC Institution	$741.1K 6.2K shares
D DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main Institution	$642.5K 5.3K shares
Sargent Investment Group, LLC RIA/Wealth	$623.0K 5.1K shares

Options Activity

Institutions with the largest Call and Put options positions in IYF as of Q3 2025

Call Positions: 3
Call Value: $2.3M
Put Positions: 2
Put Value: $5.6M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 129.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$367.3K 29.0 contracts
C Cubist Systematic Strategies, LLC Institution	$303.9K 24.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.4M 424.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$215.3K 17.0 contracts

Most Committed Institutions

Institutions with IYF as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Summit Financial Consulting LLC RIA/Wealth	Roger Lowell Miller President	5.51% $6.9M	54.5K shares	Q1 2025 Held for 9 months	$125.3M
Camarda Wealth Advisory Group, LLLP RIA/Wealth	Jeffrey Michael Franklin Camarda CEO	5.47% $13.6M	107.5K shares	Q2 2025 Held for 6 months	$249.2M
R RPS ADVISORY SOLUTIONS LLC Institution	-	4.53% $8.6M	67.9K shares	Q3 2025 Held for 3 months	$189.8M
Finley Financial, LLC RIA/Wealth	Laura Marie Finley Owner	4.11% $8.9M	70.2K shares	Q4 2024 Held for 1 year	$216.1M
Pinkerton Retirement Specialists, LLC RIA/Wealth	Daniel Walter Pinkerton President	4.08% $37.9M	299.6K shares	Q2 2023 Held for 2y 6m	$930.2M
F First Citizens Financial Corp Institution	-	3.51% $7.1M	56.0K shares	Q2 2023 Held for 2y 6m	$202.3M
H HC Advisors, LLC RIA/Wealth	Daniel Christopher Henning CEO	3.21% $4.6M	36.0K shares	Q4 2019 Held for 6 years	$142.3M
MinichMacGregor Wealth Management, LLC RIA/Wealth	Martin James Briesach Managing Partner	2.93% $15.0M	118.5K shares	Q3 2024 Held for 1y 3m	$512.7M
S Somerset Group LLC RIA/Wealth	Arlene Jane Kielley President	2.51% $3.1M	24.8K shares	≤ Q2 2013 Held for 12y 6m+	$125.4M
Prasad Wealth Partners, LLC RIA/Wealth	Anthony Grey Kulka CIO	2.30% $8.2M	64.6K shares	Q2 2025 Held for 6 months	$356.3M