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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$694K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$500K |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$99.5M |
| 2 |
Goldman Sachs
New York
|
-$1.57M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.44M |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$311K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$178K |
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.