iShares Expanded Tech Sector ETF
144 hedge funds and large institutions have $571M invested in iShares Expanded Tech Sector ETF in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 39 reducing their positions, and 21 closing their positions.
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
3% more funds holding
Funds holding: 140 → 144 (+4)
8% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 39
19.44% less ownership
Funds ownership: 273.98% → 254.54% (-19%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
26% less capital invested
Capital invested by funds: $774M → $571M (-$203M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.03M |
| 3 |
Goldman Sachs
New York
|
+$8.85M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$5.42M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$86.4M |
| 2 |
Citigroup
New York
|
-$18.7M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.36M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.96M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.61M |
IGM Hedge Fund Activity: Q4 2018 in Review
144 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q4 2018, worth a combined $571M — down 26% from $774M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IGM positions and 21 closed out — a net gain of 4 holders — while 36 added to existing stakes and 39 trimmed.
The largest buyer was Bank of America, adding an estimated $14.8M. The largest seller was Bank of Montreal, cutting an estimated $86.4M.
- 144 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q4 2018, up from 140 in Q3 2018.
- Funds reported $571M of iShares Expanded Tech Sector ETF stock for Q4 2018, down 26% quarter-over-quarter.
- 25 funds opened new iShares Expanded Tech Sector ETF positions in Q4 2018 and 21 closed out, a net change of +4 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q4 2018 was Bank of America, an estimated $14.8M added.
- The largest iShares Expanded Tech Sector ETF seller in Q4 2018 was Bank of Montreal, an estimated $86.4M sold.
Based on aggregated 13F filings for Q4 2018.