iShares Expanded Tech-Software Sector ETF
73 hedge funds and large institutions have $394M invested in iShares Expanded Tech-Software Sector ETF in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 15 increasing their positions, 30 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
37.15% more ownership
Funds ownership: 127.38% → 164.53% (+37%)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more capital invested
Capital invested by funds: $326M → $394M (+$68.5M)
16% more funds holding
Funds holding: 63 → 73 (+10)
50% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$96.4M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$20.3M |
| 3 |
Jane Street
New York
|
+$2.93M |
| 4 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$2.43M |
| 5 |
MM
Main Management
San Francisco,
California
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$33.2M |
| 2 |
Morgan Stanley
New York
|
-$18.9M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$11.6M |
| 4 |
Citigroup
New York
|
-$4.07M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
76
Placemark Investments
Chicago,
Illinois
| – | -$343K | -20,615 | Closed |
|
|
VAM
77
Verity Asset Management
Durham,
North Carolina
| – | -$311K | -18,385 | Closed |
|
|
VKH
78
Virtu KCG Holdings
New York
| – | -$301K | -18,070 | Closed |
|
|
FIG
79
Fusion Investment Group
Pittsburgh,
Pennsylvania
| – | -$29K | -1,750 | Closed |
|
80
Creative Planning
Overland Park,
Kansas
| – | -$2K | -125 | Closed |
|
IGV Hedge Fund Activity: Q2 2014 in Review
73 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech-Software Sector ETF (IGV) for Q2 2014, worth a combined $394M — up 21% from $326M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IGV positions and 8 closed out — a net gain of 10 holders — while 15 added to existing stakes and 30 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $96.4M. The largest seller was Pinnacle Advisory Group, cutting an estimated $33.2M.
- 73 institutional investors held iShares Expanded Tech-Software Sector ETF (IGV) as of Q2 2014, up from 63 in Q1 2014.
- Funds reported $394M of iShares Expanded Tech-Software Sector ETF stock for Q2 2014, up 21% quarter-over-quarter.
- 18 funds opened new iShares Expanded Tech-Software Sector ETF positions in Q2 2014 and 8 closed out, a net change of +10 holders.
- The largest iShares Expanded Tech-Software Sector ETF buyer in Q2 2014 was Goldman Sachs, an estimated $96.4M added.
- The largest iShares Expanded Tech-Software Sector ETF seller in Q2 2014 was Pinnacle Advisory Group, an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2014.