iShares Expanded Tech Sector ETF
129 hedge funds and large institutions have $700M invested in iShares Expanded Tech Sector ETF in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
142% more call options, than puts
Call options by funds: $6.39M | Put options by funds: $2.64M
30% more capital invested
Capital invested by funds: $540M → $700M (+$160M)
26.1% more ownership
Funds ownership: 261.05% → 287.14% (+26%)
5% more funds holding
Funds holding: 123 → 129 (+6)
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$75.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.3M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$7.48M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.74M |
| 5 |
Morgan Stanley
New York
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
-$2.24M |
| 2 |
Axa
Paris,
France
|
-$2.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.18M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.92M |
| 5 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
-$1.1M |
IGM Hedge Fund Activity: Q1 2018 in Review
129 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q1 2018, worth a combined $700M — up 30% from $540M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new IGM positions and 6 closed out — a net gain of 9 holders — while 40 added to existing stakes and 39 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $75.9M. The largest seller was Destination Wealth Management, cutting an estimated $2.24M.
- 129 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q1 2018, up from 123 in Q4 2017.
- Funds reported $700M of iShares Expanded Tech Sector ETF stock for Q1 2018, up 30% quarter-over-quarter.
- 15 funds opened new iShares Expanded Tech Sector ETF positions in Q1 2018 and 6 closed out, a net change of +9 holders.
- The largest iShares Expanded Tech Sector ETF buyer in Q1 2018 was Bank of Montreal, an estimated $75.9M added.
- The largest iShares Expanded Tech Sector ETF seller in Q1 2018 was Destination Wealth Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q1 2018.