iShares US Tech Breakthrough Multisector ETF
TECB
19 hedge funds and large institutions have $335M invested in iShares US Tech Breakthrough Multisector ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
111% more funds holding
Funds holding: 9 → 19 (+10)
2% more capital invested
Capital invested by funds: $329M → $335M (+$5.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
2.95% less ownership
Funds ownership: 98.27% → 95.32% (-2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$2.01M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.38M |
| 4 |
Goldman Sachs
New York
|
+$918K |
| 5 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCS
Retirement Capital Strategies
San Jose,
California
|
-$17.9M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$15.8M |
| 3 |
Jane Street
New York
|
-$279K |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$32K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7K |
TECB Hedge Fund Activity: Q3 2020 in Review
19 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in iShares US Tech Breakthrough Multisector ETF (TECB) for Q3 2020, worth a combined $335M — up 1.7% from $329M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TECB positions and 3 closed out — a net gain of 10 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Sheets Smith Wealth Management, adding an estimated $2.01M. The largest seller was Retirement Capital Strategies, cutting an estimated $17.9M.
- 19 institutional investors held iShares US Tech Breakthrough Multisector ETF (TECB) as of Q3 2020, up from 9 in Q2 2020.
- Funds reported $335M of iShares US Tech Breakthrough Multisector ETF stock for Q3 2020, up 1.7% quarter-over-quarter.
- 13 funds opened new iShares US Tech Breakthrough Multisector ETF positions in Q3 2020 and 3 closed out, a net change of +10 holders.
- The largest iShares US Tech Breakthrough Multisector ETF buyer in Q3 2020 was Sheets Smith Wealth Management, an estimated $2.01M added.
- The largest iShares US Tech Breakthrough Multisector ETF seller in Q3 2020 was Retirement Capital Strategies, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2020.