iShares Expanded Tech Sector ETF
IGM
76 hedge funds and large institutions have $269M invested in iShares Expanded Tech Sector ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 8 closing their positions.
2% more capital invested
Capital invested by funds: $264M → $269M (+$4.78M)
0.36% less ownership
Funds ownership: 225.65% → 225.29% (-0.36%)
4% less funds holding
Funds holding: 79 → 76 (-3)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$10.6M |
| 2 |
Axa
Paris,
France
|
+$5.07M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.03M |
| 4 |
SG Americas Securities
New York
|
+$1.75M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$17.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.82M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.35M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.75M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
76
New England Securities
New York
| $2K | – | – | – |
|
|
RJFSA
77
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$5.82M | -383,622 | Closed |
|
|
SCP
78
Syntal Capital Partners
Midland,
Texas
| – | -$16.7K | -109,950 | Closed |
|
|
IFS
79
Ifrah Financial Services
Little Rock,
Arkansas
| – | -$843K | -55,596 | Closed |
|
|
BCM
80
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$527K | -34,800 | Closed |
|
|
PP
81
Patten & Patten
Chattanooga,
Tennessee
| – | -$302K | -19,914 | Closed |
|
82
Citadel Advisors
Miami,
Florida
| – | -$250K | -16,518 | Closed |
|
83
Brown Advisory
Baltimore,
Maryland
| – | -$48K | -3,150 | Closed |
|
|
BC
84
Bartlett & Co
Cincinnati,
Ohio
| – | -$9K | -600 | Closed |
|
IGM Hedge Fund Activity: Q2 2014 in Review
76 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q2 2014, worth a combined $269M — up 1.8% from $264M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of IGM and 5 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 24 added.
The largest buyer was Lazard Asset Management, adding an estimated $10.6M. The largest seller was Schroder Investment Management Group, cutting an estimated $17.4M.
- 76 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q2 2014, down from 79 in Q1 2014.
- Funds reported $269M of iShares Expanded Tech Sector ETF stock for Q2 2014, up 1.8% quarter-over-quarter.
- 5 funds opened new iShares Expanded Tech Sector ETF positions in Q2 2014 and 8 closed out, a net change of -3 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q2 2014 was Lazard Asset Management, an estimated $10.6M added.
- The largest iShares Expanded Tech Sector ETF seller in Q2 2014 was Schroder Investment Management Group, an estimated $17.4M sold.
Based on aggregated 13F filings for Q2 2014.