iShares US Tech Breakthrough Multisector ETF
TECB
53 hedge funds and large institutions have $265M invested in iShares US Tech Breakthrough Multisector ETF in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
8% more capital invested
Capital invested by funds: $245M → $265M (+$19.3M)
6% more funds holding
Funds holding: 50 → 53 (+3)
3.27% less ownership
Funds ownership: 82.76% → 79.5% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.09M |
| 2 |
LPL Financial
San Diego,
California
|
+$492K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$342K |
| 4 |
Mariner
Overland Park,
Kansas
|
+$262K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$20.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.52M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$751K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$427K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$349K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $1.85K | – | – | – |
|
|
VNA
52
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | – | – | – |
|
|
AWM
53
Abound Wealth Management
Franklin,
Tennessee
| $730 | +$662 | +17 | New |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.52M | -41,489 | Closed |
|
|
CAN
55
Cetera Advisor Networks
El Segundo,
California
| – | -$349K | -9,550 | Closed |
|
|
AC
56
Avestar Capital
New York
| – | -$326K | -8,921 | Closed |
|
57
Goldman Sachs
New York
| – | -$324K | -8,874 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$269K | -7,360 | Closed |
|
59
UBS Group
Zurich,
Switzerland
| – | -$36K | -985 | Closed |
|
|
SIS
60
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$18.6K | -495 | Closed |
|
|
WWP
61
WR Wealth Planners
Columbia,
Missouri
| – | -$5.88K | -161 | Closed |
|
|
JWM
62
Janiczek Wealth Management
Denver,
Colorado
| – | -$4.79K | -131 | Closed |
|
TECB Hedge Fund Activity: Q4 2023 in Review
53 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q4 2023, worth a combined $265M — up 7.9% from $245M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TECB positions and 9 closed out — a net gain of 3 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $1.09M. The largest seller was Financial Engines Advisors, cutting an estimated $20.4M.
- 53 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q4 2023, up from 50 in Q3 2023.
- Funds reported $265M of iShares US Tech Breakthrough Multisector ETF stock for Q4 2023, up 7.9% quarter-over-quarter.
- 12 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q4 2023 and 9 closed out, a net change of +3 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q4 2023 was Bank of America, an estimated $1.09M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q4 2023 was Financial Engines Advisors, an estimated $20.4M sold.
Based on aggregated 13F filings for Q4 2023.