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iShares US Tech Breakthrough Multisector ETF
TECB

50 hedge funds and large institutions have $245M invested in iShares US Tech Breakthrough Multisector ETF in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 3

67% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 9

32% more funds holding

Funds holding: 38 → 50 (+12)

5.73% less ownership

Funds ownership: 88.49% → 82.76% (-5.7%)

30% less capital invested

Capital invested by funds: $348M → $245M (-$103M)

Holders
50
Holders Change
+12
Holders Change %
+31.58%
% of All Funds
0.79%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
15
Reduced
9
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$2M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.28M
3
AWM
AE Wealth Management
Kansas
+$694K
4
PAG
Private Advisor Group
New Jersey
+$500K
5
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
+$437K

Top Sellers

Rank Fund Capital Flow
1
Financial Engines Advisors
Financial Engines Advisors
California
-$99.5M
2
Goldman Sachs
Goldman Sachs
New York
-$1.57M
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$1.44M
4
PCIA
Prime Capital Investment Advisors
Kansas
-$311K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$178K
Name Holding Trade Value Shares
Change 		Change in
Stake
HighTower Advisors
26
HighTower Advisors
Illinois
$233K +$241K +6,362 New
Osaic Holdings
27
Osaic Holdings
Arizona
$171K +$47.9K +1,261 +37%
Northwestern Mutual Wealth Management
28
Northwestern Mutual Wealth Management
Wisconsin
$99.2K +$42.1K +1,109 +69%
BFEC
29
Benjamin F. Edwards & Company
Missouri
$90K +$93.9K +2,474 New
CTC
30
Central Trust Company
Missouri
$73.1K +$75.9K +2,000 New
Morgan Stanley
31
Morgan Stanley
New York
$63.9K +$418 +11 +0.6%
NA
32
NewEdge Advisors
Louisiana
$63.5K – – –
Fidelity Investments
33
Fidelity Investments
Massachusetts
$62.4K +$35.3K +930 +120%
UBS Group
34
UBS Group
Switzerland
$36K +$36K +948 +2,562%
AF
35
Allworth Financial
California
$34.7K – – –
PB
36
Pinnacle Bancorp
Nebraska
$20.2K – – –
SIS
37
Strategic Investment Solutions
Illinois
$18.6K +$18.8K +495 New
US Bancorp
38
US Bancorp
Minnesota
$18K -$987 -26 -5%
TCM
39
TD Capital Management
Tennessee
$12.8K +$13.3K +351 New
BBPWM
40
Blue Bell Private Wealth Management
Pennsylvania
$9.32K – – –
GI
41
Gradient Investments
Minnesota
$5.96K +$6.19K +163 New
WWP
42
WR Wealth Planners
Missouri
$5.88K – – –
MRCM
43
M&R Capital Management
New Jersey
$4.9K – – –
JWM
44
Janiczek Wealth Management
Colorado
$4.79K +$4.97K +131 New
BlackRock
45
BlackRock
New York
$4.46K +$4.63K +122 New
PFM
46
Phillips Financial Management
Indiana
$2.05K – – –
GWM
47
Geneos Wealth Management
Colorado
$1.65K +$1.71K +45 New
PNC Financial Services Group
48
PNC Financial Services Group
Pennsylvania
$1.57K – – –
VNA
49
Valley National Advisers
Pennsylvania
$1K – – –
JP Morgan Chase
50
JP Morgan Chase
New York
$366 – – –
1
2
3

TECB Hedge Fund Activity: Q3 2023 in Review

50 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q3 2023, worth a combined $245M — down 30% from $348M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new TECB positions and 3 closed out — a net gain of 12 holders — while 15 added to existing stakes and 9 trimmed.

The largest buyer was Bank of America, adding an estimated $2M. The largest seller was Financial Engines Advisors, cutting an estimated $99.5M.

  • 50 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q3 2023, up from 38 in Q2 2023.
  • Funds reported $245M of iShares US Tech Breakthrough Multisector ETF stock for Q3 2023, down 30% quarter-over-quarter.
  • 15 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q3 2023 and 3 closed out, a net change of +12 holders.
  • The largest iShares US Tech Breakthrough Multisector ETF buyer in Q3 2023 was Bank of America, an estimated $2M added.
  • The largest iShares US Tech Breakthrough Multisector ETF seller in Q3 2023 was Financial Engines Advisors, an estimated $99.5M sold.

Based on aggregated 13F filings for Q3 2023.