iShares Expanded Tech Sector ETF
89 hedge funds and large institutions have $296M invested in iShares Expanded Tech Sector ETF in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 38 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 89 → 89 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
15.62% less ownership
Funds ownership: 244.95% → 229.33% (-16%)
16% less capital invested
Capital invested by funds: $352M → $296M (-$56M)
37% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.98M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.21M |
| 3 |
Jane Street
New York
|
+$1.19M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$993K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$780K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$29.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.28M |
| 3 |
Lazard Asset Management
New York
|
-$5.71M |
| 4 |
Morgan Stanley
New York
|
-$5.62M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.06M |
IGM Hedge Fund Activity: Q2 2016 in Review
89 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q2 2016, worth a combined $296M — down 16% from $352M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IGM positions and 7 closed out — a net gain of 1 holder — while 24 added to existing stakes and 38 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $3.98M. The largest seller was Bank of Montreal, cutting an estimated $29.3M.
- 89 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $296M of iShares Expanded Tech Sector ETF stock for Q2 2016, down 16% quarter-over-quarter.
- 8 funds opened new iShares Expanded Tech Sector ETF positions in Q2 2016 and 7 closed out, a net change of +1 holder.
- The largest iShares Expanded Tech Sector ETF buyer in Q2 2016 was Susquehanna International Group, an estimated $3.98M added.
- The largest iShares Expanded Tech Sector ETF seller in Q2 2016 was Bank of Montreal, an estimated $29.3M sold.
Based on aggregated 13F filings for Q2 2016.