POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO
XLKS
XLKS was delisted on the 22nd of March, 2011.
69 hedge funds and large institutions have $360M invested in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
47% more capital invested
Capital invested by funds: $245M → $360M (+$116M)
8% more funds holding
Funds holding: 64 → 69 (+5)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$22.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.8M |
| 3 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$13.7M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.08M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$1.06M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$906K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$509K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$425K |
XLKS Hedge Fund Activity: Q3 2016 in Review
69 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) for Q3 2016, worth a combined $360M — up 47% from $245M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new XLKS positions and 4 closed out — a net gain of 6 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Niemann Capital Management, opening a new position worth an estimated $22.9M. The largest seller was Goldman Sachs, cutting an estimated $3.08M.
- 69 institutional investors held POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO (XLKS) as of Q3 2016, up from 64 in Q2 2016.
- Funds reported $360M of POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO stock for Q3 2016, up 47% quarter-over-quarter.
- 10 funds opened new POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO positions in Q3 2016 and 4 closed out, a net change of +6 holders.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO buyer in Q3 2016 was Niemann Capital Management, an estimated $22.9M added.
- The largest POWERSHARES S&P SMALLCAP INFORMATION TECHNOLOGY PORTFOLIO seller in Q3 2016 was Goldman Sachs, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2016.