iShares US Technology ETF
832 hedge funds and large institutions have $6.43B invested in iShares US Technology ETF in 2023 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 153 increasing their positions, 393 reducing their positions, and 58 closing their positions.
26% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 58
0% more funds holding
Funds holding: 828 → 832 (+4)
6.35% less ownership
Funds ownership: 66.5% → 60.15% (-6.4%)
24% less capital invested
Capital invested by funds: $8.47B → $6.43B (-$2.04B)
32% less call options, than puts
Call options by funds: $14.9M | Put options by funds: $21.9M
56% less funds holding in top 10
Funds holding in top 10: 39 → 17 (-22)
61% less repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 393
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$98.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$65.9M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$48.4M |
| 4 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
+$30.7M |
| 5 |
GBWM
Granite Bay Wealth Management
Portsmouth,
New Hampshire
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$834M |
| 2 |
BlackRock
New York
|
-$144M |
| 3 |
LPL Financial
San Diego,
California
|
-$142M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$103M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$98.5M |
IYW Hedge Fund Activity: Q3 2023 in Review
832 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares US Technology ETF (IYW) for Q3 2023, worth a combined $6.43B — down 24% from $8.47B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new IYW positions and 58 closed out — a net gain of 15 holders — while 153 added to existing stakes and 393 trimmed.
The largest buyer was Fidelity International, adding an estimated $98.4M. The largest seller was Envestnet Asset Management, cutting an estimated $834M.
- 832 institutional investors held iShares US Technology ETF (IYW) as of Q3 2023, up from 828 in Q2 2023.
- Funds reported $6.43B of iShares US Technology ETF stock for Q3 2023, down 24% quarter-over-quarter.
- 73 funds opened new iShares US Technology ETF positions in Q3 2023 and 58 closed out, a net change of +15 holders.
- The largest iShares US Technology ETF buyer in Q3 2023 was Fidelity International, an estimated $98.4M added.
- The largest iShares US Technology ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $834M sold.
Based on aggregated 13F filings for Q3 2023.