iShares US Tech Breakthrough Multisector ETF
TECB
32 hedge funds and large institutions have $247M invested in iShares US Tech Breakthrough Multisector ETF in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
10.9% less ownership
Funds ownership: 95.37% → 84.47% (-11%)
14% less funds holding
Funds holding: 37 → 32 (-5)
14% less capital invested
Capital invested by funds: $288M → $247M (-$40.9M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.34M |
| 2 |
PVH
Psagot Value Holdings
Tel Aviv,
Israel
|
+$728K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$259K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$186K |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$101K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$24.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$871K |
| 3 |
AC
Abbrea Capital
Greenbrae,
California
|
-$215K |
| 4 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$207K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$94K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
|
FHA
27
First Horizon Advisors
Memphis,
Tennessee
| $1K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1K | – | – | – |
|
|
VNA
29
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
|
AC
31
Abbrea Capital
Greenbrae,
California
| – | -$215K | -7,650 | Closed |
|
|
CA
32
CoreCap Advisors
Southfield,
Michigan
| – | -$33K | -1,165 | Closed |
|
|
KA
33
Kozak & Associates
Highlands Ranch,
Colorado
| – | -$12K | -442 | Closed |
|
|
TCWM
34
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$9K | -315 | Closed |
|
|
COCM
35
Charter Oak Capital Management
Portsmouth,
New Hampshire
| – | -$2K | -70 | Closed |
|
36
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -53 | Closed |
|
TECB Hedge Fund Activity: Q3 2022 in Review
32 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q3 2022, worth a combined $247M — down 14% from $288M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TECB and 2 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.34M. The largest seller was Financial Engines Advisors, cutting an estimated $24.9M.
- 32 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q3 2022, down from 37 in Q2 2022.
- Funds reported $247M of iShares US Tech Breakthrough Multisector ETF stock for Q3 2022, down 14% quarter-over-quarter.
- 2 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q3 2022 and 7 closed out, a net change of -5 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q3 2022 was Citadel Advisors, an estimated $1.34M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q3 2022 was Financial Engines Advisors, an estimated $24.9M sold.
Based on aggregated 13F filings for Q3 2022.