iShares US Tech Breakthrough Multisector ETF
TECB
25 hedge funds and large institutions have $400M invested in iShares US Tech Breakthrough Multisector ETF in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
22% more capital invested
Capital invested by funds: $326M → $400M (+$73.2M)
14% more funds holding
Funds holding: 22 → 25 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.38% less ownership
Funds ownership: 95.59% → 93.21% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$29M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.2M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$498K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$296K |
| 5 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.12M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$1.11M |
| 3 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$544K |
| 4 |
Goldman Sachs
New York
|
-$259K |
| 5 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$95K |
TECB Hedge Fund Activity: Q2 2021 in Review
25 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q2 2021, worth a combined $400M — up 22% from $326M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TECB positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $29M. The largest seller was Royal Bank of Canada, cutting an estimated $1.12M.
- 25 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q2 2021, up from 22 in Q1 2021.
- Funds reported $400M of iShares US Tech Breakthrough Multisector ETF stock for Q2 2021, up 22% quarter-over-quarter.
- 6 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q2 2021 and 3 closed out, a net change of +3 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q2 2021 was Financial Engines Advisors, an estimated $29M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q2 2021 was Royal Bank of Canada, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2021.