iShares US Tech Breakthrough Multisector ETF
TECB
31 hedge funds and large institutions have $331M invested in iShares US Tech Breakthrough Multisector ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 7 closing their positions.
19% more capital invested
Capital invested by funds: $279M → $331M (+$52.3M)
0.54% less ownership
Funds ownership: 92.47% → 91.92% (-0.54%)
9% less funds holding
Funds holding: 34 → 31 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Consolidated Planning Corp
Atlanta,
Georgia
|
+$1.22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$472K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$177K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$102K |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$25.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$5.39M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$892K |
| 4 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$710K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$447K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MRCM
26
M&R Capital Management
Summit,
New Jersey
| $4.45K | – | – | – |
|
|
EWA
27
EverSource Wealth Advisors
Birmingham,
Alabama
| $3.19K | +$2.94K | +96 | New |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.43K | – | – | – |
|
|
VNA
29
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | +$1.1K | +36 | New |
|
|
TCWA
30
Ten Capital Wealth Advisors
Spokane,
Washington
| $299 | – | – | – |
|
31
Wells Fargo
San Francisco,
California
| $133 | -$25.4K | -830 | -100% |
|
|
32
Citadel Advisors
Miami,
Florida
| – | -$892K | -32,667 | Closed |
|
|
PIMG
33
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$39.7K | -1,284 | Closed |
|
|
RCM
34
Raleigh Capital Management
Cary,
North Carolina
| – | -$17.2K | -631 | Closed |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| – | -$13K | -500 | Closed |
|
|
FHA
36
First Horizon Advisors
Memphis,
Tennessee
| – | -$656 | -24 | Closed |
|
|
MCC
37
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$628 | -23 | Closed |
|
|
HS
38
Horan Securities
Cincinnati,
United States
| – | -$385 | -14 | Closed |
|
TECB Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q1 2023, worth a combined $331M — up 19% from $279M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TECB and 5 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Consolidated Planning Corp, opening a new position worth an estimated $1.22M. The largest seller was Financial Engines Advisors, cutting an estimated $5.39M.
- 31 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q1 2023, down from 34 in Q4 2022.
- Funds reported $331M of iShares US Tech Breakthrough Multisector ETF stock for Q1 2023, up 19% quarter-over-quarter.
- 5 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q1 2023 and 7 closed out, a net change of -2 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q1 2023 was Consolidated Planning Corp, an estimated $1.22M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q1 2023 was Financial Engines Advisors, an estimated $5.39M sold.
Based on aggregated 13F filings for Q1 2023.