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iShares Expanded Tech Sector ETF

289 hedge funds and large institutions have $1.44B invested in iShares Expanded Tech Sector ETF in 2023 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 57 increasing their positions, 88 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 13

35% more call options, than puts

Call options by funds: $22.8M | Put options by funds: $16.9M

15% more capital invested

Capital invested by funds: $1.25B → $1.44B (+$192M)

11% more funds holding

Funds holding: 261289 (+28)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

4.61% less ownership

Funds ownership: 276.73%272.12% (-4.6%)

35% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 88

Holders
289
Holders Change
+28
Holders Change %
+10.73%
% of All Funds
4.54%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
41
Increased
57
Reduced
88
Closed
13
Calls
$22.8M
Puts
$16.9M
Net Calls
+$5.9M
Net Calls Change
-$3.4M
Name Holding Trade Value Shares
Change
Change in
Stake
EH
1
Equitable Holdings
New York
$158M -$2.35M -39,600 -2%
Bank of America
2
Bank of America
North Carolina
$155M -$1.42M -23,856 -1%
Morgan Stanley
3
Morgan Stanley
New York
$102M -$642K -10,800 -0.7%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$85.3M -$52.1M -876,342 -40%
Cerity Partners
5
Cerity Partners
New York
$78.3M +$61K +1,026 +0.1%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$77.7M -$2.73M -45,972 -4%
SEIA
7
Signature Estate & Investment Advisors
California
$75.6M -$6.67M -112,152 -9%
DWM
8
Destination Wealth Management
California
$56.3M -$9.41M -158,166 -16%
LPL Financial
9
LPL Financial
California
$36.7M +$470K +7,902 +1%
Goldman Sachs
10
Goldman Sachs
New York
$28.7M +$4.5M +75,648 +21%
Wells Fargo
11
Wells Fargo
California
$25.7M +$6.62M +111,372 +40%
RJA
12
Raymond James & Associates
Florida
$25.6M -$74.6K -1,254 -0.3%
UBS Group
13
UBS Group
Switzerland
$22.1M +$324K +5,448 +2%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$19.6M +$348K +5,850 +2%
JP Morgan Chase
15
JP Morgan Chase
New York
$18.7M +$658K +11,058 +4%
GAG
16
GM Advisory Group
New York
$18M +$532K +8,946 +3%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$17.6M -$334K -5,616 -2%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$16.6M -$2.22M -37,290 -13%
SCA
19
Stuart Chaussee & Associates
California
$16.2M -$88.5K -1,488 -0.6%
LFS
20
Legacy Financial Strategies
Kansas
$16.1M +$587K +9,876 +4%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$14.4M +$6.84M +115,062 +110%
AC
22
Avestar Capital
New York
$14.4M +$13M +219,228 New
Ameriprise
23
Ameriprise
Minnesota
$14M +$1.88M +31,662 +17%
AWM
24
AE Wealth Management
Kansas
$13.7M +$12.8K +216 +0.1%
Mirae Asset Global Investments
25
Mirae Asset Global Investments
South Korea
$11.7M +$10.6M +178,800 New

IGM Hedge Fund Activity: Q2 2023 in Review

289 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech Sector ETF (IGM) for Q2 2023, worth a combined $1.44B — up 15% from $1.25B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new IGM positions and 13 closed out — a net gain of 28 holders — while 57 added to existing stakes and 88 trimmed.

The largest buyer was Avestar Capital, opening a new position worth an estimated $13M. The largest seller was Bank of Montreal, cutting an estimated $52.1M.

  • 289 institutional investors held iShares Expanded Tech Sector ETF (IGM) as of Q2 2023, up from 261 in Q1 2023.
  • Funds reported $1.44B of iShares Expanded Tech Sector ETF stock for Q2 2023, up 15% quarter-over-quarter.
  • 41 funds opened new iShares Expanded Tech Sector ETF positions in Q2 2023 and 13 closed out, a net change of +28 holders.
  • The largest iShares Expanded Tech Sector ETF buyer in Q2 2023 was Avestar Capital, an estimated $13M added.
  • The largest iShares Expanded Tech Sector ETF seller in Q2 2023 was Bank of Montreal, an estimated $52.1M sold.

Based on aggregated 13F filings for Q2 2023.