iShares Expanded Tech Sector ETF
89 hedge funds and large institutions have $352M invested in iShares Expanded Tech Sector ETF in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 42 reducing their positions, and 17 closing their positions.
9% less funds holding
Funds holding: 98 → 89 (-9)
10.27% less ownership
Funds ownership: 255.22% → 244.95% (-10%)
16% less capital invested
Capital invested by funds: $419M → $352M (-$67.2M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
57% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 42
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$22.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$19.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.94M |
| 5 |
B
Bailard
Foster City,
California
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$39.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$17.4M |
| 3 |
Lazard Asset Management
New York
|
-$14.7M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$12.6M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$8.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLIC
101
Mandatum Life Insurance Company
Helsinki,
Finland
| – | -$81K | -4,380 | Closed |
|
|
AP
102
Advisors Preferred
Rockville,
Maryland
| – | -$50K | -2,736 | Closed |
|
|
IA
103
IFP Advisors
Tampa,
Florida
| – | -$39K | -2,094 | Closed |
|
104
Credit Agricole
Montrouge Cedex,
France
| – | -$26K | -1,428 | Closed |
|
|
DAM
105
Delta Asset Management
Memphis,
Tennessee
| – | -$22K | -1,200 | Closed |
|
|
AIA
106
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$3K | -144 | Closed |
|
IGM Hedge Fund Activity: Q1 2016 in Review
89 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q1 2016, worth a combined $352M — down 16% from $419M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IGM and 8 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 18 added.
The largest buyer was Signature Estate & Investment Advisors, opening a new position worth an estimated $22.2M. The largest seller was Pinnacle Advisory Group, cutting an estimated $39.1M.
- 89 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q1 2016, down from 98 in Q4 2015.
- Funds reported $352M of iShares Expanded Tech Sector ETF stock for Q1 2016, down 16% quarter-over-quarter.
- 8 funds opened new iShares Expanded Tech Sector ETF positions in Q1 2016 and 17 closed out, a net change of -9 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q1 2016 was Signature Estate & Investment Advisors, an estimated $22.2M added.
- The largest iShares Expanded Tech Sector ETF seller in Q1 2016 was Pinnacle Advisory Group, an estimated $39.1M sold.
Based on aggregated 13F filings for Q1 2016.