iShares U.S. Financial Services

IYG • ARCA

iShares U.S. Financial Services is an exchange-traded fund on ARCA. As of Q3 2025, 250 institutional investors hold shares in this ETF, with total holdings valued at $1.2B. RiverFront Investment Group, LLC is the largest holder with a position valued at $128.9M.

Overview

Overview of institutional ownership in IYG as of Q3 2025

All Institutions

Institutions: 250
Value Held: $1.2B
Shares Held: 13.4M
Avg Position: $4.8M
Median Position: $346.3K

Hedge Funds

Hedge Funds: 5
Value Held: $19.9M
Shares Held: 221.7K
Avg Position: $4.0M
Median Position: $587.9K

Biggest Investors

Institutions with the largest positions in IYG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
RiverFront Investment Group, LLC Long Only Manager	Peter John Quinn CEO	$128.9M 2.26% of portfolio	1.4M shares	Q4 2016 Held for 8y 11m	$5.7B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$118.6M 0.03% of portfolio	1.3M shares	Q3 2016 Held for 9y 2m	$341.99B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$96.4M 0.01% of portfolio	1.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$94.2M 0.01% of portfolio	1.1M shares	≤ Q2 2013 Held for 12y 5m+	$691.34B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$45.0M 0.00% of portfolio	502.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
R ROYAL BANK OF CANADA Institution	-	$44.2M 0.01% of portfolio	493.1K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$43.1M 0.01% of portfolio	480.6K shares	Q4 2024 Held for 11 months	$310.43B
L LPL Financial LLC Institution	-	$40.8M 0.01% of portfolio	455.5K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
Baltimore-Washington Financial Advisors, Inc. RIA/Wealth	Robert G Carpenter President	$36.3M 1.56% of portfolio	404.8K shares	Q4 2016 Held for 8y 11m	$2.3B
K Kozak & Associates, Inc. Institution	-	$35.9M 7.09% of portfolio	417.7K shares	Q3 2021 Held for 4y 2m	$506.1M

Net Capital Flow

Institutional buying and selling activity for IYG in Q3 2025

Traded: +$35.3M
Buyers: 109
Sellers: 90
Total Bought: +$64.7M
Total Sold: −$29.4M
Avg Position: $4.5M

Biggest Buyers

Institution	Net Bought	Current Position
MML INVESTORS SERVICES, LLC RIA/Wealth	+$18.9M +211.1K shares	$21.2M 236.1K shares
K Kozak & Associates, Inc. Institution	+$8.4M +98.3K shares	$35.9M 417.7K shares
AMERIPRISE FINANCIAL INC Institution	+$7.5M +83.3K shares	$16.9M 188.2K shares
Goss Wealth Management LLC RIA/Wealth	+$3.2M +36.0K shares	$4.5M 49.7K shares
R ROYAL BANK OF CANADA Institution	+$3.2M +35.8K shares	$44.2M 493.1K shares
L LPL Financial LLC Institution	+$2.5M +27.7K shares	$40.8M 455.5K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$2.4M +27.3K shares	$118.6M 1.3M shares
RiverFront Investment Group, LLC Long Only Manager	+$1.8M +20.5K shares	$128.9M 1.4M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$1.4M +15.2K shares	$6.2M 69.1K shares
B BlackRock, Inc. Institution	+$1.3M +14.5K shares	$1.3M 14.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
Foundations Investment Advisors, LLC RIA/Wealth	−$10.7M −119.7K shares	$34.6M 385.8K shares
Anfield Capital Management, LLC Long Only Manager	−$3.5M −38.9K shares	$7.6M 85.1K shares
GOLDMAN SACHS GROUP INC Institution	−$1.3M −14.3K shares	$94.2M 1.1M shares
Beacon Pointe Advisors, LLC RIA/Wealth	−$1.0M −11.5K shares	$4.8M 53.5K shares
Focus Financial Network, Inc. RIA/Wealth	−$1.0M −11.4K shares	$2.0M 22.1K shares
GeoWealth Management, LLC RIA/Wealth	−$996.6K −11.6K shares	Sold Off 0 shares
UBS Group AG Institution	−$978.4K −10.9K shares	$10.4M 115.6K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$748.0K −8.3K shares	$43.1M 480.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$633.3K −7.4K shares	Sold Off 0 shares
Sunbelt Securities, Inc. RIA/Wealth	−$583.8K −6.5K shares	$142.7K 1.6K shares

Entry and Exit Activity

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

New Positions: 16
New Value: $3.5M
Exited Positions: 18
Exited Value: $4.6M

New Positions

Institution	Position Value
Groupe la Francaise Fund of Funds	$1.1M 15.0K shares
Sequent Planning LLC RIA/Wealth	$683.1K 7.6K shares
INTL FCSTONE INC. Institution	$437.2K 4.9K shares
W Wallace Hart LLC Hedge Fund•Long/Short	$307.8K 3.4K shares
Diversify Advisory Services, LLC RIA/Wealth	$232.0K 2.6K shares
U U.S. Capital Wealth Advisors, LLC RIA/Wealth	$219.4K 2.4K shares
Leeward Financial Partners, LLC RIA/Wealth	$201.7K 2.3K shares
Sontag Advisory, LLC RIA/Wealth	$168.8K 1.9K shares
Smartleaf Asset Management LLC Long Only Manager	$36.3K 402.0 shares
Triumph Capital Management RIA/Wealth	$25.8K 288.0 shares

Exited Positions

Institution	Previous Position
GeoWealth Management, LLC RIA/Wealth	$996.6K 11.6K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$633.3K 7.4K shares
R RPS ADVISORY SOLUTIONS LLC Institution	$537.3K 6.3K shares
C CLS Investments, LLC Institution	$507.9K 5.9K shares
FLORIDA FINANCIAL ADVISORS, LLC RIA/Wealth	$394.1K 4.6K shares
ORRSTOWN FINANCIAL SERVICES INC Institution	$315.3K 3.7K shares
L Lion Street Advisors, LLC RIA/Wealth	$289.8K 3.4K shares
Valeo Financial Advisors, LLC RIA/Wealth	$280.2K 3.3K shares
KINGSWOOD WEALTH ADVISORS, LLC RIA/Wealth	$243.5K 2.8K shares
GUARDIAN WEALTH ADVISORS, LLC / NC RIA/Wealth	$128.4K 1.5K shares

Options Activity

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

Call Positions: 2
Call Value: $439.2K
Put Positions: 2
Put Value: $914.3K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$439.2K 49.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$502.0K 56.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$412.3K 46.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Kozak & Associates, Inc. Institution	-	7.09% $35.9M	417.7K shares	Q3 2021 Held for 4y 2m	$506.1M
SAM Advisors, LLC RIA/Wealth	Donald Anthony Debernardi President	3.34% $10.4M	115.5K shares	Q3 2022 Held for 3y 2m	$310.2M
SOUTHERN CAPITAL ADVISORS, LLC RIA/Wealth	Charles Lee Johnson Managing Partner	2.74% $5.9M	65.4K shares	Q4 2023 Held for 1y 11m	$213.6M
RiverFront Investment Group, LLC Long Only Manager	Peter John Quinn CEO	2.26% $128.9M	1.4M shares	Q4 2016 Held for 8y 11m	$5.7B
Anfield Capital Management, LLC Long Only Manager	David Nmn Young CEO	2.25% $7.6M	85.1K shares	Q1 2025 Held for 8 months	$338.5M
H Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. Hedge Fund•Multi-Strategy	Jr. Robert Holt Partner	2.00% $12.4M	138.7K shares	Q4 2013 Held for 11y 11m	$622.8M
Bernard Wealth Management Corp. RIA/Wealth	Kenneth Mark Bernard President	1.70% $4.1M	45.5K shares	Q4 2024 Held for 11 months	$239.4M
Baltimore-Washington Financial Advisors, Inc. RIA/Wealth	Robert G Carpenter President	1.56% $36.3M	404.8K shares	Q4 2016 Held for 8y 11m	$2.3B
ARKANSAS FINANCIAL GROUP, INC. RIA/Wealth	Fredrick Earl Adkins CEO	1.53% $10.4M	116.2K shares	Q1 2020 Held for 5y 8m	$677.4M
C COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	Matthew Donald Pappas Managing Partner	0.82% $1.1M	12.5K shares	Q4 2021 Held for 3y 11m	$137.3M

Hedge Fund Spotlight

Discover hedge funds investing in IYG

HBK Sorce Advisory LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerMatthew Atcheson Leffers

Portfolio Value: $4.1B
Positions: 732
Last Reported: Q3 2025

Sector Allocation

Position in iShares U.S. Financial Services

Market Value: $339.5K
Shares Held: 3.8K
Portfolio Weight: 0.01%
Owned Since: 2021-Q1

Top Holding	Sector	Market Value	Weight
1 SCHX Schwab U.S. Large-Cap ETF SCHX	ETF ETF	$897.0M	21.96%
2 VCRB Vanguard Core Bond VCRB	ETF ETF	$680.4M	16.66%
3 Vanguard FTSE Developed Markets VEA	ETF ETF	$464.3M	11.37%

View full profile