iShares Expanded Tech Sector ETF
98 hedge funds and large institutions have $442M invested in iShares Expanded Tech Sector ETF in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
49% more capital invested
Capital invested by funds: $296M → $442M (+$146M)
44.37% more ownership
Funds ownership: 229.33% → 273.7% (+44%)
10% more funds holding
Funds holding: 89 → 98 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$86.7M |
| 2 |
Lazard Asset Management
New York
|
+$13.4M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.76M |
| 4 |
MYLI
Meiji Yasuda Life Insurance
Tokyo,
Japan
|
+$5.7M |
| 5 |
TA
Tiedemann Advisors
New York
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.84M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.56M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.32M |
| 4 |
Morgan Stanley
New York
|
-$2.37M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.67M |
IGM Hedge Fund Activity: Q3 2016 in Review
98 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q3 2016, worth a combined $442M — up 49% from $296M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IGM positions and 1 closed out — a net gain of 11 holders — while 27 added to existing stakes and 37 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $86.7M. The largest seller was Royal Bank of Canada, cutting an estimated $3.84M.
- 98 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q3 2016, up from 89 in Q2 2016.
- Funds reported $442M of iShares Expanded Tech Sector ETF stock for Q3 2016, up 49% quarter-over-quarter.
- 12 funds opened new iShares Expanded Tech Sector ETF positions in Q3 2016 and 1 closed out, a net change of +11 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q3 2016 was Bank of Montreal, an estimated $86.7M added.
- The largest iShares Expanded Tech Sector ETF seller in Q3 2016 was Royal Bank of Canada, an estimated $3.84M sold.
Based on aggregated 13F filings for Q3 2016.