iShares Expanded Tech Sector ETF
84 hedge funds and large institutions have $332M invested in iShares Expanded Tech Sector ETF in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
23.2% more ownership
Funds ownership: 236.5% → 259.7% (+23%)
9% more capital invested
Capital invested by funds: $304M → $332M (+$28M)
8% less funds holding
Funds holding: 91 → 84 (-7)
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$37.1M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$13.1M |
| 3 |
Goldman Sachs
New York
|
+$5.65M |
| 4 |
Lazard Asset Management
New York
|
+$4.93M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
-$8.54M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.44M |
| 4 |
Morgan Stanley
New York
|
-$2.17M |
| 5 |
Jane Street
New York
|
-$2.05M |
IGM Hedge Fund Activity: Q3 2015 in Review
84 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q3 2015, worth a combined $332M — up 9.2% from $304M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of IGM and 6 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 23 added.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $37.1M. The largest seller was Destination Wealth Management, cutting an estimated $8.54M.
- 84 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q3 2015, down from 91 in Q2 2015.
- Funds reported $332M of iShares Expanded Tech Sector ETF stock for Q3 2015, up 9.2% quarter-over-quarter.
- 6 funds opened new iShares Expanded Tech Sector ETF positions in Q3 2015 and 12 closed out, a net change of -6 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q3 2015 was Pinnacle Advisory Group, an estimated $37.1M added.
- The largest iShares Expanded Tech Sector ETF seller in Q3 2015 was Destination Wealth Management, an estimated $8.54M sold.
Based on aggregated 13F filings for Q3 2015.