iShares Expanded Tech Sector ETF

IGM • ARCA

iShares Expanded Tech Sector ETF is an exchange-traded fund on ARCA. As of Q3 2025, 489 institutional investors hold shares in this ETF, with total holdings valued at $5.7B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $665.1M.

Overview

Overview of institutional ownership in IGM as of Q3 2025

All Institutions

Institutions: 489
Value Held: $5.7B
Shares Held: 45.2M
Avg Position: $11.6M
Median Position: $620.4K

Hedge Funds

Hedge Funds: 8
Value Held: $5.8M
Shares Held: 46.2K
Avg Position: $727.8K
Median Position: $466.5K

Biggest Investors

Institutions with the largest positions in IGM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$665.1M 0.05% of portfolio	5.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$423.7M 0.12% of portfolio	3.4M shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$362.6M 0.12% of portfolio	2.9M shares	Q4 2024 Held for 11 months	$310.43B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$303.2M 0.02% of portfolio	2.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF MONTREAL /CAN/ Institution	Darryl White CEO	$261.1M 0.11% of portfolio	2.1M shares	≤ Q2 2013 Held for 12y 5m+	$227.19B
BB&T CORP Institution	William H. Rogers, Jr. CEO	$253.9M 0.35% of portfolio	2.0M shares	Q4 2019 Held for 5y 11m	$73.6B
Janney Montgomery Scott LLC RIA/Wealth	Anthony Matthew Miller CEO	$241.1M 0.60% of portfolio	1.9M shares	Q3 2013 Held for 12y 2m	$40.0B
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC RIA/Wealth	Brian David Holmes CEO	$235.4M 5.03% of portfolio	1.9M shares	Q1 2016 Held for 9y 8m	$4.7B
WestEnd Advisors, LLC Long Only Manager	Edmund Nelson Durden CIO	$224.8M 5.26% of portfolio	1.8M shares	Q3 2025 Held for 2 months	$4.3B
Equitable Holdings, Inc. Institution	Robin M. Raju CEO	$209.5M 1.54% of portfolio	1.7M shares	Q4 2019 Held for 5y 11m	$13.6B

Net Capital Flow

Institutional buying and selling activity for IGM in Q3 2025

Traded: +$2.3B
Buyers: 234
Sellers: 137
Total Bought: +$2.3B
Total Sold: −$67.2M
Avg Position: $11.0M

Biggest Buyers

Institution	Net Bought	Current Position
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$378.7M +3.0M shares	$423.7M 3.4M shares
BANK OF AMERICA CORP /DE/ Institution	+$335.1M +2.7M shares	$665.1M 5.3M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$289.2M +2.3M shares	$362.6M 2.9M shares
BB&T CORP Institution	+$233.9M +1.9M shares	$253.9M 2.0M shares
WestEnd Advisors, LLC Long Only Manager	+$224.8M +1.8M shares	$224.8M 1.8M shares
Janney Montgomery Scott LLC RIA/Wealth	+$217.4M +1.7M shares	$241.1M 1.9M shares
Steward Partners Investment Advisory, LLC RIA/Wealth	+$99.1M +787.0K shares	$106.1M 842.8K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$78.4M +622.3K shares	$78.4M 622.3K shares
BANK OF MONTREAL /CAN/ Institution	+$68.5M +544.0K shares	$261.1M 2.1M shares
L LPL Financial LLC Institution	+$52.2M +414.5K shares	$202.6M 1.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
C CIBC World Markets Inc. Institution	−$10.5M −83.6K shares	$15.7M 124.4K shares
Equitable Holdings, Inc. Institution	−$8.3M −65.6K shares	$209.5M 1.7M shares
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC RIA/Wealth	−$7.7M −60.9K shares	$235.4M 1.9M shares
J JANE STREET GROUP, LLC Institution	−$4.9M −43.3K shares	Sold Off 0 shares
Northstar Advisory Group, LLC RIA/Wealth	−$4.8M −38.1K shares	$1.6M 12.8K shares
UBS Group AG Institution	−$3.5M −28.0K shares	$66.5M 528.3K shares
Marshall Wace LLP Institution	−$3.1M −27.4K shares	Sold Off 0 shares
I Interactive Financial Advisors RIA/Wealth	−$1.5M −12.2K shares	$4.3M 33.8K shares
Destination Wealth Management RIA/Wealth	−$1.4M −11.0K shares	$79.5M 631.0K shares
Houlihan Financial Resource Group, Ltd. RIA/Wealth	−$1.3M −10.0K shares	$972.7K 7.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited IGM in Q3 2025

New Positions: 52
New Value: $32.4M
Exited Positions: 28
Exited Value: $13.6M

New Positions

Institution	Position Value
Trilogy Capital Inc. RIA/Wealth	$12.4M 98.1K shares
LLBH Private Wealth Management, LLC RIA/Wealth	$5.2M 41.2K shares
MOULTON WEALTH MANAGEMENT, INC RIA/Wealth	$2.8M 22.5K shares
Simplicity Wealth,LLC RIA/Wealth	$1.4M 10.8K shares
Phillips Wealth Planners LLC RIA/Wealth	$878.6K 6.8K shares
Pensionmark Financial Group, LLC Pension/Endowment	$833.9K 6.6K shares
ASHTON THOMAS SECURITIES, LLC RIA/Wealth	$813.9K 6.5K shares
Advisory Alpha, LLC RIA/Wealth	$613.9K 4.8K shares
FIRST HORIZON NATIONAL CORP RIA/Wealth	$595.6K 4.7K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$456.2K 3.6K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$4.9M 43.3K shares
Marshall Wace LLP Institution	$3.1M 27.4K shares
Biondo Investment Advisors, LLC RIA/Wealth	$798.2K 7.1K shares
Duncan Williams Asset Management, LLC RIA/Wealth	$666.7K 5.9K shares
P Patriot Financial Group Insurance Agency, LLC Institution	$537.9K 4.8K shares
Q Quadrature Capital Ltd Institution	$488.7K 4.4K shares
G GROUP ONE TRADING, L.P. Institution	$360.9K 3.2K shares
waypoint wealth counsel RIA/Wealth	$336.3K 3.0K shares
Financial Advocates Investment Management RIA/Wealth	$317.2K 2.8K shares
W Wealth Alliance Institution	$294.2K 2.6K shares

Options Activity

Institutions with the largest Call and Put options positions in IGM as of Q3 2025

Call Positions: 4
Call Value: $36.1M
Put Positions: 3
Put Value: $1.5M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$26.4M 2.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.5M 361.0 contracts
J JANE STREET GROUP, LLC Institution	$4.3M 338.0 contracts
W WOLVERINE TRADING, LLC Institution	$855.2K 68.0 contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$730.5K 58.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$453.4K 36.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$352.7K 28.0 contracts

Most Committed Institutions

Institutions with IGM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G Gray Foundation RIA/Wealth	Don Lynn Ray Managing Partner	20.04% $70.4M	559.1K shares	Q4 2023 Held for 1y 11m	$351.3M
Dynamic Wealth Strategies, LLC RIA/Wealth	Nathan Christopher Ankney Managing Partner	7.98% $11.9M	94.8K shares	Q4 2023 Held for 1y 11m	$149.7M
Stuart Chaussee & Associates, Inc. RIA/Wealth	Stuart Dubes Chaussee President	7.77% $28.8M	228.6K shares	Q1 2020 Held for 5y 8m	$370.8M
Fairscale Capital, LLC RIA/Wealth	Jeffrey Norman Williams Managing Partner	7.33% $10.7M	84.7K shares	Q2 2024 Held for 1y 5m	$145.5M
Legacy Financial Strategies, LLC RIA/Wealth	Michael Voorhees Wren CEO	6.83% $37.8M	300.4K shares	Q3 2018 Held for 7y 2m	$553.7M
M Mathes Company, Inc. Institution	-	6.69% $17.7M	140.4K shares	Q2 2023 Held for 2y 5m	$264.4M
WestEnd Advisors, LLC Long Only Manager	Edmund Nelson Durden CIO	5.26% $224.8M	1.8M shares	Q3 2025 Held for 2 months	$4.3B
Shira Ridge Wealth Management RIA/Wealth	Laurean Sue Nardone Managing Partner	5.19% $12.2M	97.1K shares	Q1 2025 Held for 8 months	$235.7M
P Portfolio Strategies, Inc. RIA/Wealth	Paul S Kirshenbaum President	5.08% $43.7M	346.7K shares	Q2 2019 Held for 6y 5m	$860.4M
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC RIA/Wealth	Brian David Holmes CEO	5.03% $235.4M	1.9M shares	Q1 2016 Held for 9y 8m	$4.7B

Hedge Fund Spotlight

Discover hedge funds investing in IGM

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in iShares Expanded Tech Sector ETF

Market Value: $379.9K
Shares Held: 3.0K
Portfolio Weight: 0.00%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%