iShares Global Tech ETF
113 hedge funds and large institutions have $310M invested in iShares Global Tech ETF in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 45 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
2% more funds holding
Funds holding: 111 → 113 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less capital invested
Capital invested by funds: $367M → $310M (-$57.1M)
30.24% less ownership
Funds ownership: 206.45% → 176.21% (-30%)
53% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$19.1M |
| 2 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$5.01M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$3.26M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$1.55M |
| 5 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$97.4M |
| 2 |
Jane Street
New York
|
-$5.97M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.28M |
| 4 |
NR
Newfound Research
Wellesley Hills,
Massachusetts
|
-$4.06M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.28M |
IXN Hedge Fund Activity: Q1 2017 in Review
113 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in iShares Global Tech ETF (IXN) for Q1 2017, worth a combined $310M — down 16% from $367M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IXN positions and 11 closed out — a net gain of 3 holders — while 21 added to existing stakes and 45 trimmed.
The largest buyer was Bank of America, adding an estimated $19.1M. The largest seller was AssetMark Inc, cutting an estimated $97.4M.
- 113 institutional investors held iShares Global Tech ETF (IXN) as of Q1 2017, up from 111 in Q4 2016.
- Funds reported $310M of iShares Global Tech ETF stock for Q1 2017, down 16% quarter-over-quarter.
- 14 funds opened new iShares Global Tech ETF positions in Q1 2017 and 11 closed out, a net change of +3 holders.
- The largest iShares Global Tech ETF buyer in Q1 2017 was Bank of America, an estimated $19.1M added.
- The largest iShares Global Tech ETF seller in Q1 2017 was AssetMark Inc, an estimated $97.4M sold.
Based on aggregated 13F filings for Q1 2017.