iShares Expanded Tech Sector ETF
83 hedge funds and large institutions have $289M invested in iShares Expanded Tech Sector ETF in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
11% more funds holding
Funds holding: 75 → 83 (+8)
10% more capital invested
Capital invested by funds: $262M → $289M (+$27.2M)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
6% less ownership
Funds ownership: 253.62% → 247.62% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$14.3M |
| 2 |
ICMC
Intrepid Capital Management (Connecticut)
Greenwich,
Connecticut
|
+$2.78M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.37M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.75M |
| 5 |
MC
Mathes Company
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$14.1M |
| 2 |
Citigroup
New York
|
-$4.16M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
-$3.66M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.53M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$3.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| $18K | – | – | – |
|
|
BG
77
BlackRock Group
London,
United Kingdom
| $16K | -$3.66M | -261,240 | -100% |
|
|
LWM
78
LBA Wealth Management
Jacksonville,
Florida
| $14K | +$12.9K | +918 | New |
|
79
Fifth Third Bancorp
Cincinnati,
Ohio
| $13K | – | – | – |
|
|
RFA
80
Reilly Financial Advisors
La Mesa,
California
| $13K | – | – | – |
|
|
NES
81
New England Securities
New York
| $12K | – | – | – |
|
|
BC
82
Bartlett & Co
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
MFS
83
MSI Financial Services
Springfield,
Massachusetts
| $9K | – | – | – |
|
|
JA
84
JOYN Advisors
Atlanta,
Georgia
| $7K | – | – | – |
|
|
DS
85
DRW Securities
Chicago,
Illinois
| – | -$3.03M | -219,354 | Closed |
|
|
EB
86
Eastern Bank
Boston,
Massachusetts
| – | -$398K | -29,874 | Closed |
|
87
Goldman Sachs
New York
| – | -$292K | -21,954 | Closed |
|
|
PAS
88
Partnervest Advisory Services
Santa Barbara,
California
| – | -$4K | -300 | Closed |
|
IGM Hedge Fund Activity: Q4 2013 in Review
83 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q4 2013, worth a combined $289M — up 10% from $262M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IGM positions and 4 closed out — a net gain of 10 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $14.3M. The largest seller was Lazard Asset Management, cutting an estimated $14.1M.
- 83 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q4 2013, up from 75 in Q3 2013.
- Funds reported $289M of iShares Expanded Tech Sector ETF stock for Q4 2013, up 10% quarter-over-quarter.
- 14 funds opened new iShares Expanded Tech Sector ETF positions in Q4 2013 and 4 closed out, a net change of +10 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q4 2013 was SG Americas Securities, an estimated $14.3M added.
- The largest iShares Expanded Tech Sector ETF seller in Q4 2013 was Lazard Asset Management, an estimated $14.1M sold.
Based on aggregated 13F filings for Q4 2013.