iShares US Tech Breakthrough Multisector ETF
TECB
67 hedge funds and large institutions have $304M invested in iShares US Tech Breakthrough Multisector ETF in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more capital invested
Capital invested by funds: $303M → $304M (+$1.4M)
2.13% less ownership
Funds ownership: 74.02% → 71.89% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.27M |
| 2 |
VNA
Valley National Advisers
Bethlehem,
Pennsylvania
|
+$1.72M |
| 3 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$1.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$921K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$15.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.51M |
| 4 |
Goldman Sachs
New York
|
-$1.17M |
| 5 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$901K |
TECB Hedge Fund Activity: Q2 2024 in Review
67 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q2 2024, worth a combined $304M — up 0.46% from $303M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TECB positions and 8 closed out — a net gain of 3 holders — while 24 added to existing stakes and 18 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.27M. The largest seller was Financial Engines Advisors, cutting an estimated $15.5M.
- 67 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q2 2024, up from 65 in Q1 2024.
- Funds reported $304M of iShares US Tech Breakthrough Multisector ETF stock for Q2 2024, up 0.46% quarter-over-quarter.
- 11 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q2 2024 and 8 closed out, a net change of +3 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q2 2024 was Ameriprise, an estimated $2.27M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q2 2024 was Financial Engines Advisors, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2024.