iShares Expanded Tech-Software Sector ETF
54 hedge funds and large institutions have $265M invested in iShares Expanded Tech-Software Sector ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 9 closing their positions.
5% more capital invested
Capital invested by funds: $253M → $265M (+$11.9M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 56 → 54 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
16.76% less ownership
Funds ownership: 173.79% → 157.03% (-17%)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$12.8M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$12.7M |
| 3 |
Morgan Stanley
New York
|
+$11.4M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.45M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$33.2M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.79M |
| 4 |
Goldman Sachs
New York
|
-$3.88M |
| 5 |
Citigroup
New York
|
-$3.69M |
IGV Hedge Fund Activity: Q3 2013 in Review
54 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in iShares Expanded Tech-Software Sector ETF (IGV) for Q3 2013, worth a combined $265M — up 4.7% from $253M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of IGV and 8 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 14 added.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $12.8M. The largest seller was SG Americas Securities, cutting an estimated $33.2M.
- 54 institutional investors held iShares Expanded Tech-Software Sector ETF (IGV) as of Q3 2013, down from 56 in Q2 2013.
- Funds reported $265M of iShares Expanded Tech-Software Sector ETF stock for Q3 2013, up 4.7% quarter-over-quarter.
- 8 funds opened new iShares Expanded Tech-Software Sector ETF positions in Q3 2013 and 9 closed out, a net change of -1 holder.
- The largest iShares Expanded Tech-Software Sector ETF buyer in Q3 2013 was Clark Capital Management Group, an estimated $12.8M added.
- The largest iShares Expanded Tech-Software Sector ETF seller in Q3 2013 was SG Americas Securities, an estimated $33.2M sold.
Based on aggregated 13F filings for Q3 2013.