iShares Expanded Tech Sector ETF
98 hedge funds and large institutions have $419M invested in iShares Expanded Tech Sector ETF in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
26% more capital invested
Capital invested by funds: $332M → $419M (+$86.6M)
17% more funds holding
Funds holding: 84 → 98 (+14)
4.48% less ownership
Funds ownership: 259.7% → 255.22% (-4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.9M |
| 2 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$12.6M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$8.77M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.54M |
| 5 |
LPL Financial
San Diego,
California
|
+$7.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18.7M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$13.4M |
| 3 |
Goldman Sachs
New York
|
-$4.88M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.97M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.89M |
IGM Hedge Fund Activity: Q4 2015 in Review
98 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q4 2015, worth a combined $419M — up 26% from $332M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IGM positions and 9 closed out — a net gain of 14 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $12.9M. The largest seller was Morgan Stanley, cutting an estimated $18.7M.
- 98 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q4 2015, up from 84 in Q3 2015.
- Funds reported $419M of iShares Expanded Tech Sector ETF stock for Q4 2015, up 26% quarter-over-quarter.
- 23 funds opened new iShares Expanded Tech Sector ETF positions in Q4 2015 and 9 closed out, a net change of +14 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q4 2015 was Envestnet Asset Management, an estimated $12.9M added.
- The largest iShares Expanded Tech Sector ETF seller in Q4 2015 was Morgan Stanley, an estimated $18.7M sold.
Based on aggregated 13F filings for Q4 2015.