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iShares Expanded Tech Sector ETF
IGM

79 hedge funds and large institutions have $264M invested in iShares Expanded Tech Sector ETF in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 27

5% less funds holding

Funds holding: 83 → 79 (-4)

9% less capital invested

Capital invested by funds: $289M → $264M (-$24.9M)

21.97% less ownership

Funds ownership: 247.62% → 225.65% (-22%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

Holders
79
Holders Change
-4
Holders Change %
-4.82%
% of All Funds
2.28%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
8
Increased
26
Reduced
27
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CS
Credit Suisse
Switzerland
+$5M
2
WF
WealthTrust Fairport
Ohio
+$2.05M
3
BCI
Brinker Capital Investments
Pennsylvania
+$1.8M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$1.71M
5
Goldman Sachs
Goldman Sachs
New York
+$1.54M

Top Sellers

Rank Fund Capital Flow
1
SG Americas Securities
SG Americas Securities
New York
-$15.6M
2
Lazard Asset Management
Lazard Asset Management
New York
-$8.35M
3
Wellington Management Group
Wellington Management Group
Massachusetts
-$4.26M
4
ICMC
Intrepid Capital Management (Connecticut)
Connecticut
-$2.96M
5
USAA
United Services Automobile Association
Texas
-$2.38M
Name Holding Trade Value Shares
Change 		Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$1.55M +$1.54M +102,534 New
SJIM
27
St. Johns Investment Management
Florida
$1.52M +$1.51M +100,194 New
LPL Financial
28
LPL Financial
California
$1.39M +$139K +9,222 +11%
Citigroup
29
Citigroup
New York
$1.31M +$69.2K +4,602 +6%
AIG
30
American International Group
New York
$1.28M -$63.2K -4,200 -5%
AMG
31
Asset Management Group
Connecticut
$1.22M -$13.4K -894 -1%
Deutsche Bank
32
Deutsche Bank
Germany
$1.1M -$4.06K -270 -0.4%
Lazard Asset Management
33
Lazard Asset Management
New York
$974K -$8.35M -555,150 -90%
CA
34
Cetera Advisors
Colorado
$940K +$196K +13,026 +27%
WB
35
Webster Bank
Connecticut
$920K +$65K +4,320 +8%
MIC
36
Meridian Investment Counsel
California
$885K – – –
IFS
37
Ifrah Financial Services
Arkansas
$843K +$25.6K +1,704 +3%
Bank of New York Mellon
38
Bank of New York Mellon
New York
$831K – – –
NAMP
39
NorthStar Asset Management (Pennsylvania)
Pennsylvania
$745K -$18K -1,200 -2%
VKH
40
Virtu KCG Holdings
New York
$624K +$619K +41,148 New
BRWA
41
B. Riley Wealth Advisors
Florida
$617K – – –
LCM
42
Lucas Capital Management
New Jersey
$534K +$125K +8,310 +31%
BCM
43
Barometer Capital Management
Ontario, Canada
$527K +$523K +34,800 New
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$503K -$64.1K -4,260 -11%
SFSIG
45
San Francisco Sentry Investment Group
California
$491K +$30.7K +2,040 +7%
RBC
46
Ronald Blue & Co
Georgia
$454K – – –
BCM
47
Beck Capital Management
Texas
$410K +$47.8K +3,180 +14%
CHFS
48
Cobble Hill Financial Services
New Jersey
$409K – – –
Janney Montgomery Scott
49
Janney Montgomery Scott
Pennsylvania
$394K +$39.3K +2,610 +11%
ACM
50
Antonetti Capital Management
Florida
$331K -$96.8K -6,438 -23%
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IGM Hedge Fund Activity: Q1 2014 in Review

79 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q1 2014, worth a combined $264M — down 8.6% from $289M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of IGM and 8 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 26 added.

The largest buyer was Credit Suisse, adding an estimated $5M. The largest seller was SG Americas Securities, cutting an estimated $15.6M.

  • 79 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q1 2014, down from 83 in Q4 2013.
  • Funds reported $264M of iShares Expanded Tech Sector ETF stock for Q1 2014, down 8.6% quarter-over-quarter.
  • 8 funds opened new iShares Expanded Tech Sector ETF positions in Q1 2014 and 12 closed out, a net change of -4 holders.
  • The largest iShares Expanded Tech Sector ETF buyer in Q1 2014 was Credit Suisse, an estimated $5M added.
  • The largest iShares Expanded Tech Sector ETF seller in Q1 2014 was SG Americas Securities, an estimated $15.6M sold.

Based on aggregated 13F filings for Q1 2014.