iShares U.S. Healthcare

IYH • ARCA

iShares U.S. Healthcare is an exchange-traded fund on ARCA. As of Q3 2025, 463 institutional investors hold shares in this ETF, with total holdings valued at $1.3B. MORGAN STANLEY is the largest holder with a position valued at $129.2M.

Overview

Overview of institutional ownership in IYH as of Q3 2025

All Institutions

Institutions: 463
Value Held: $1.3B
Shares Held: 22.3M
Avg Position: $2.8M
Median Position: $391.1K

Hedge Funds

Hedge Funds: 8
Value Held: $8.7M
Shares Held: 149.0K
Avg Position: $1.1M
Median Position: $700.8K

Biggest Investors

Institutions with the largest positions in IYH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$129.2M 0.01% of portfolio	2.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$88.5M 0.01% of portfolio	1.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
L LPL Financial LLC Institution	-	$81.9M 0.02% of portfolio	1.4M shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
UBS Group AG Institution	Sergio P. Ermotti CEO	$73.0M 0.01% of portfolio	1.2M shares	Q4 2014 Held for 10y 11m	$511.54B
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$62.6M 0.04% of portfolio	1.1M shares	Q3 2014 Held for 11y 2m	$149.83B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$54.8M 0.01% of portfolio	933.9K shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$54.8M 0.05% of portfolio	933.4K shares	Q3 2025 Held for 2 months	$120.17B
R ROYAL BANK OF CANADA Institution	-	$54.2M 0.01% of portfolio	922.5K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$41.8M 0.01% of portfolio	712.2K shares	Q4 2024 Held for 11 months	$310.43B
Green Harvest Asset Management LLC Long Only Manager	Stuart Sherman Parker CEO	$41.1M 0.63% of portfolio	700.3K shares	Q4 2022 Held for 2y 11m	$6.5B

Net Capital Flow

Institutional buying and selling activity for IYH in Q3 2025

Traded: +$64.6M
Buyers: 160
Sellers: 195
Total Bought: +$157.1M
Total Sold: −$92.5M
Avg Position: $2.6M

Biggest Buyers

Institution	Net Bought	Current Position
M MANUFACTURERES LIFE INSURANCE CO Institution	+$54.8M +933.4K shares	$54.8M 933.4K shares
F FIL Ltd Institution	+$37.2M +634.2K shares	$37.2M 634.2K shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$9.9M +167.8K shares	$9.9M 167.8K shares
UBS Group AG Institution	+$7.2M +123.0K shares	$73.0M 1.2M shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$5.9M +100.6K shares	$6.0M 101.8K shares
PARK AVENUE SECURITIES LLC RIA/Wealth	+$5.8M +98.6K shares	$9.5M 161.3K shares
MORGAN STANLEY RIA/Wealth	+$5.2M +88.0K shares	$129.2M 2.2M shares
R ROYAL BANK OF CANADA Institution	+$4.2M +71.5K shares	$54.2M 922.5K shares
California Capital Advisors, Inc. RIA/Wealth	+$2.5M +43.4K shares	$18.1M 308.5K shares
Z Zurich Insurance Group Ltd/FI Institution	+$1.8M +29.6K shares	$1.8M 29.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
L LPL Financial LLC Institution	−$16.2M −276.7K shares	$81.9M 1.4M shares
BANK OF AMERICA CORP /DE/ Institution	−$9.9M −168.9K shares	$88.5M 1.5M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$9.7M −172.5K shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$3.8M −65.2K shares	$17.2M 291.2K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	−$3.7M −62.5K shares	$62.6M 1.1M shares
Perigon Wealth Management, LLC RIA/Wealth	−$3.0M −50.8K shares	$565.3K 9.6K shares
S Sheridan Capital Management, LLC RIA/Wealth	−$2.5M −44.4K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$2.3M −39.2K shares	$411.1K 7.0K shares
A Advisor Group Holdings, Inc. Institution	−$2.0M −34.2K shares	$22.4M 387.2K shares
VestGen Advisors, LLC RIA/Wealth	−$1.8M −30.2K shares	$3.3M 56.4K shares

Entry and Exit Activity

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

New Positions: 16
New Value: $13.4M
Exited Positions: 33
Exited Value: $20.7M

New Positions

Institution	Position Value
PRINCIPAL FINANCIAL GROUP INC Institution	$9.9M 167.8K shares
Z Zurich Insurance Group Ltd/FI Institution	$1.8M 29.6K shares
X XTX Topco Ltd Institution	$686.7K 11.7K shares
LJI Wealth Management, LLC RIA/Wealth	$290.6K 4.9K shares
ENDEAVOR PRIVATE WEALTH, INC. RIA/Wealth	$230.1K 3.9K shares
Harvest Investment Services, LLC RIA/Wealth	$201.0K 3.4K shares
Keystone Financial Group RIA/Wealth	$101.0K 1.7K shares
Triumph Capital Management RIA/Wealth	$58.7K 1.0K shares
FIRST HORIZON NATIONAL CORP RIA/Wealth	$51.1K 870.0 shares
SJS Investment Consulting Inc. RIA/Wealth	$36.1K 615.0 shares

Exited Positions

Institution	Previous Position
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$9.7M 172.5K shares
S Sheridan Capital Management, LLC RIA/Wealth	$2.5M 44.4K shares
Tradewinds, LLC. RIA/Wealth	$1.6M 29.0K shares
M My Personal CFO, LLC RIA/Wealth	$1.4M 24.8K shares
C Cornerstone Advisory, LLP RIA/Wealth	$1.2M 21.3K shares
Fort Point Capital Partners, LLC Fund of Funds	$763.5K 13.5K shares
P Perbak Capital Partners LLP Institution	$723.5K 12.8K shares
J JANE STREET GROUP, LLC Institution	$330.5K 5.9K shares
National Asset Management, Inc. RIA/Wealth	$264.0K 4.7K shares
INTL FCSTONE INC. Institution	$261.9K 4.6K shares

Options Activity

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

Call Positions: 1
Call Value: $323.0K
Put Positions: 1
Put Value: $246.6K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$323.0K 55.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$246.6K 42.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
California Capital Advisors, Inc. RIA/Wealth	Bradley Jay Salo CIO	6.42% $18.1M	308.5K shares	Q1 2017 Held for 8y 8m	$282.3M
H HC Advisors, LLC RIA/Wealth	Daniel Christopher Henning CEO	3.07% $4.4M	74.5K shares	Q4 2019 Held for 5y 11m	$142.3M
Audent Global Asset Management, LLC Hedge Fund•Multi-Strategy	John Matthew Hughes COO	2.85% $3.9M	66.7K shares	Q4 2021 Held for 3y 11m	$137.5M
F First Citizens Financial Corp Institution	-	2.80% $5.7M	96.4K shares	Q2 2023 Held for 2y 5m	$202.3M
Sowa Financial Group, Inc. RIA/Wealth	Donna Grace Sowa Allard President	2.76% $4.0M	68.5K shares	Q4 2019 Held for 5y 11m	$145.8M
Lighthouse Financial LLC RIA/Wealth	Kenneth Paul Brackett Managing Partner	2.20% $3.3M	56.7K shares	Q4 2024 Held for 11 months	$151.5M
FORTE ASSET MANAGEMENT LLC RIA/Wealth	Sanjiv Kumar Founder	2.10% $4.4M	74.5K shares	Q2 2025 Held for 5 months	$207.8M
Quest 10 Wealth Builders, Inc. RIA/Wealth	Kenneth Darrell Stephenson President	1.85% $1.9M	32.5K shares	Q4 2024 Held for 11 months	$103.2M
O Oakworth Capital, Inc. Institution	-	1.39% $23.5M	400.4K shares	Q4 2013 Held for 11y 11m	$1.7B
Merkkuri Wealth Advisors LLC RIA/Wealth	Paresh B Shah Owner	1.37% $1.9M	31.9K shares	Q2 2024 Held for 1y 5m	$136.6M

Hedge Fund Spotlight

Discover hedge funds investing in IYH

Quantinno Capital Management LP

Hedge Fund • Market Neutral

Portfolio ManagerHoon Nmn Kim

Portfolio Value: $36.6B
Positions: 2,911
Last Reported: Q3 2025

Sector Allocation

Position in iShares U.S. Healthcare

Market Value: $957.2K
Shares Held: 16.3K
Portfolio Weight: 0.00%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$2.1B	5.71%
2 Apple AAPL	Consumer Electronics Technology	$1.9B	5.06%
3 Microsoft MSFT	Software - Infrastructure Technology	$1.4B	3.93%