POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO
XLKS
XLKS was delisted on the 22nd of March, 2011.
72 hedge funds and large institutions have $349M invested in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 9 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
4% more funds holding
Funds holding: 69 → 72 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $360M → $349M (-$11.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.54M |
| 2 |
Morgan Stanley
New York
|
+$4.59M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.56M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.05M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$50M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$8.39M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$4.79M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$3.51M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
76
Suntrust Banks
Atlanta,
Georgia
| – | -$245K | -4,777 | Closed |
|
|
BRWA
77
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$254K | -3,981 | Closed |
|
78
Mariner
Overland Park,
Kansas
| – | -$247K | -3,891 | Closed |
|
|
CWM
79
Concert Wealth Management
San Jose,
California
| – | -$106K | -1,651 | Closed |
|
|
IWMPD
80
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$2K | -28 | Closed |
|
XLKS Hedge Fund Activity: Q4 2016 in Review
72 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) for Q4 2016, worth a combined $349M — down 3.2% from $360M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new XLKS positions and 9 closed out — a net gain of 4 holders — while 28 added to existing stakes and 15 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8.54M. The largest seller was Wells Fargo, cutting an estimated $50M.
- 72 institutional investors held POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) as of Q4 2016, up from 69 in Q3 2016.
- Funds reported $349M of POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO stock for Q4 2016, down 3.2% quarter-over-quarter.
- 13 funds opened new POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO positions in Q4 2016 and 9 closed out, a net change of +4 holders.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO buyer in Q4 2016 was Raymond James Financial Services Advisors, an estimated $8.54M added.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO seller in Q4 2016 was Wells Fargo, an estimated $50M sold.
Based on aggregated 13F filings for Q4 2016.