iShares US Tech Breakthrough Multisector ETF
TECB
65 hedge funds and large institutions have $303M invested in iShares US Tech Breakthrough Multisector ETF in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
23% more funds holding
Funds holding: 53 → 65 (+12)
15% more capital invested
Capital invested by funds: $265M → $303M (+$38.5M)
5.47% less ownership
Funds ownership: 79.5% → 74.02% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.72M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.11M |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$1.57M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
-$15.2M |
| 2 |
CPC
Consolidated Planning Corp
Atlanta,
Georgia
|
-$1M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$482K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$350K |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$223K |
TECB Hedge Fund Activity: Q1 2024 in Review
65 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q1 2024, worth a combined $303M — up 15% from $265M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TECB positions and 4 closed out — a net gain of 13 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $10.2M. The largest seller was Financial Engines Advisors, cutting an estimated $15.2M.
- 65 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q1 2024, up from 53 in Q4 2023.
- Funds reported $303M of iShares US Tech Breakthrough Multisector ETF stock for Q1 2024, up 15% quarter-over-quarter.
- 17 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q1 2024 and 4 closed out, a net change of +13 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q1 2024 was Bank of America, an estimated $10.2M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q1 2024 was Financial Engines Advisors, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2024.