iShares Expanded Tech Sector ETF
103 hedge funds and large institutions have $476M invested in iShares Expanded Tech Sector ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 39 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
8% more capital invested
Capital invested by funds: $440M → $476M (+$35.9M)
2% more funds holding
Funds holding: 101 → 103 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8.89% less ownership
Funds ownership: 263.44% → 254.55% (-8.9%)
28% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$5.39M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.35M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$3.95M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.41M |
| 5 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16.4M |
| 2 |
Goldman Sachs
New York
|
-$12.8M |
| 3 |
TA
Tiedemann Advisors
New York
|
-$4.38M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$2.47M |
| 5 |
TLIC
Thai Life Insurance Company
Bangkok,
Thailand
|
-$2M |
IGM Hedge Fund Activity: Q1 2017 in Review
103 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q1 2017, worth a combined $476M — up 8.2% from $440M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new IGM positions and 10 closed out — a net gain of 3 holders — while 28 added to existing stakes and 39 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $5.39M. The largest seller was Envestnet Asset Management, cutting an estimated $16.4M.
- 103 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q1 2017, up from 101 in Q4 2016.
- Funds reported $476M of iShares Expanded Tech Sector ETF stock for Q1 2017, up 8.2% quarter-over-quarter.
- 13 funds opened new iShares Expanded Tech Sector ETF positions in Q1 2017 and 10 closed out, a net change of +3 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q1 2017 was Lazard Asset Management, an estimated $5.39M added.
- The largest iShares Expanded Tech Sector ETF seller in Q1 2017 was Envestnet Asset Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2017.