Hedge Funds Cut iShares IVV Positions by Over 63% in Q2 Despite Strong Performance
In the second quarter of 2026, hedge funds significantly reduced their holdings in the iShares Core S&P 500 ETF (IVV), cutting positions by approximately 63%, according to an analysis of 13F filings. This marked a sharp decline from around 840 million shares held at the start of the quarter down to roughly 311 million as of June 30, 2026. Despite IVV's strong year-to-date performance and its status as one of the largest S&P 500 ETFs with $888 billion in net assets, institutional investors opted for a large-scale sell-off. This move is notable given that it occurred amid rising market conditions and solid returns from the fund. However, some high-profile hedge funds like Marshall Wace and Tudor Investment Corp bucked this trend by significantly increasing their IVV holdings during the quarter. These moves suggest continued institutional confidence in the S&P 500 ETF despite broader selling pressure.
Topics: 13F filings ETF hedge funds IVV