iShares Expanded Tech Sector ETF
80 hedge funds and large institutions have $293M invested in iShares Expanded Tech Sector ETF in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
9% more capital invested
Capital invested by funds: $269M → $293M (+$23.8M)
6.6% more ownership
Funds ownership: 225.29% → 231.89% (+6.6%)
5% more funds holding
Funds holding: 76 → 80 (+4)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$12.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.13M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.39M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.5M |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$5.5M |
| 2 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
-$4.32M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$4.09M |
| 4 |
Jane Street
New York
|
-$1.67M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$859K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
76
B. Riley Wealth Management
Memphis,
Tennessee
| $13K | – | – | – |
|
|
NFG
77
Next Financial Group
Houston,
Texas
| $10K | +$9.77K | +600 | New |
|
|
RFA
78
Reilly Financial Advisors
La Mesa,
California
| $9K | -$5.86K | -360 | -41% |
|
|
LWM
79
LBA Wealth Management
Jacksonville,
Florida
| $3K | – | – | – |
|
|
NES
80
New England Securities
New York
| $2K | – | – | – |
|
|
BCI
81
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$4.09M | -258,000 | Closed |
|
|
82
Jane Street
New York
| – | -$1.67M | -105,078 | Closed |
|
83
Schroder Investment Management Group
London,
United Kingdom
| – | -$790K | -49,800 | Closed |
|
84
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$627K | -39,516 | Closed |
|
|
VKH
85
Virtu KCG Holdings
New York
| – | -$264K | -16,626 | Closed |
|
|
JA
86
JOYN Advisors
Atlanta,
Georgia
| – | -$8K | -480 | Closed |
|
|
CA
87
CapWealth Advisors
Franklin,
Tennessee
| – | -$3K | -192 | Closed |
|
IGM Hedge Fund Activity: Q3 2014 in Review
80 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q3 2014, worth a combined $293M — up 8.9% from $269M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IGM positions and 7 closed out — a net gain of 5 holders — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $12.2M. The largest seller was SG Americas Securities, cutting an estimated $5.5M.
- 80 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q3 2014, up from 76 in Q2 2014.
- Funds reported $293M of iShares Expanded Tech Sector ETF stock for Q3 2014, up 8.9% quarter-over-quarter.
- 12 funds opened new iShares Expanded Tech Sector ETF positions in Q3 2014 and 7 closed out, a net change of +5 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q3 2014 was Lazard Asset Management, an estimated $12.2M added.
- The largest iShares Expanded Tech Sector ETF seller in Q3 2014 was SG Americas Securities, an estimated $5.5M sold.
Based on aggregated 13F filings for Q3 2014.