iShares Global Tech ETF
75 hedge funds and large institutions have $250M invested in iShares Global Tech ETF in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
14.13% more ownership
Funds ownership: 196.57% → 210.7% (+14%)
8% more capital invested
Capital invested by funds: $230M → $250M (+$19.4M)
3% more funds holding
Funds holding: 73 → 75 (+2)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.86M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.4M |
| 4 |
Morgan Stanley
New York
|
+$2.08M |
| 5 |
X
Xponance
Philadelphia,
Pennsylvania
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$1.11M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$727K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$500K |
| 5 |
AWA
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
|
-$468K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$500K | -36,000 | Closed |
|
77
Nomura Holdings
Tokyo,
Japan
| – | -$341K | -24,660 | Closed |
|
|
EHC
78
Everett Harris & Co
Los Angeles,
California
| – | -$200K | -14,406 | Closed |
|
|
CMO
79
Covenant Multifamily Offices
San Antonio,
Texas
| – | -$42K | -3,000 | Closed |
|
|
SHWM
80
Smith & Howard Wealth Management
Atlanta,
Georgia
| – | -$27K | -1,980 | Closed |
|
81
ClearBridge Investments
New York
| – | -$25K | -1,800 | Closed |
|
|
BG
82
BlackRock Group
London,
United Kingdom
| – | -$16K | -1,170 | Closed |
|
|
GI
83
Gradient Investments
Arden Hills,
Minnesota
| – | -$12K | -900 | Closed |
|
IXN Hedge Fund Activity: Q1 2014 in Review
75 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iShares Global Tech ETF (IXN) for Q1 2014, worth a combined $250M — up 8.4% from $230M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IXN positions and 8 closed out — a net gain of 2 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.86M. The largest seller was Bank of America, cutting an estimated $1.11M.
- 75 institutional investors held iShares Global Tech ETF (IXN) as of Q1 2014, up from 73 in Q4 2013.
- Funds reported $250M of iShares Global Tech ETF stock for Q1 2014, up 8.4% quarter-over-quarter.
- 10 funds opened new iShares Global Tech ETF positions in Q1 2014 and 8 closed out, a net change of +2 holders.
- The largest iShares Global Tech ETF buyer in Q1 2014 was Jane Street, an estimated $4.86M added.
- The largest iShares Global Tech ETF seller in Q1 2014 was Bank of America, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2014.