POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO
XLKS
XLKS was delisted on the 22nd of March, 2011.
22 hedge funds and large institutions have $121M invested in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
29% more funds holding
Funds holding: 17 → 22 (+5)
23% more capital invested
Capital invested by funds: $98.8M → $121M (+$22.5M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
+$6.33M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.47M |
| 3 |
CA
Cumberland Advisors
Sarasota,
Florida
|
+$903K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$879K |
| 5 |
Morgan Stanley
New York
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.72M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$849K |
| 4 |
TT
Tower Trust
Fort Wayne,
Indiana
|
-$108K |
| 5 |
I2I
Insight 2811 Inc
Chicago,
Illinois
|
-$66K |
XLKS Hedge Fund Activity: Q3 2013 in Review
22 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) for Q3 2013, worth a combined $121M — up 23% from $98.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new XLKS positions and 1 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was BBVA USA Bancshares, opening a new position worth an estimated $6.33M. The largest seller was Bank of America, cutting an estimated $1.72M.
- 22 institutional investors held POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) as of Q3 2013, up from 17 in Q2 2013.
- Funds reported $121M of POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO stock for Q3 2013, up 23% quarter-over-quarter.
- 6 funds opened new POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO positions in Q3 2013 and 1 closed out, a net change of +5 holders.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO buyer in Q3 2013 was BBVA USA Bancshares, an estimated $6.33M added.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO seller in Q3 2013 was Bank of America, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2013.