iShares Expanded Tech Sector ETF
75 hedge funds and large institutions have $258M invested in iShares Expanded Tech Sector ETF in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
4% more capital invested
Capital invested by funds: $248M → $258M (+$10.6M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 76 → 75 (-1)
10.74% less ownership
Funds ownership: 264.36% → 253.62% (-11%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.46M |
| 2 |
SG Americas Securities
New York
|
+$4.07M |
| 3 |
BG
BlackRock Group
London,
United Kingdom
|
+$3.41M |
| 4 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.86M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.7M |
| 2 |
Lazard Asset Management
New York
|
-$6.88M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.73M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.34M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$745K |
IGM Hedge Fund Activity: Q3 2013 in Review
75 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q3 2013, worth a combined $258M — up 4.3% from $248M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of IGM and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 28 added.
The largest buyer was Bank of America, adding an estimated $5.46M. The largest seller was Susquehanna International Group, cutting an estimated $12.7M.
- 75 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q3 2013, down from 76 in Q2 2013.
- Funds reported $258M of iShares Expanded Tech Sector ETF stock for Q3 2013, up 4.3% quarter-over-quarter.
- 6 funds opened new iShares Expanded Tech Sector ETF positions in Q3 2013 and 7 closed out, a net change of -1 holder.
- The largest iShares Expanded Tech Sector ETF buyer in Q3 2013 was Bank of America, an estimated $5.46M added.
- The largest iShares Expanded Tech Sector ETF seller in Q3 2013 was Susquehanna International Group, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2013.