iShares U.S. Technology

IYW • ARCA

iShares U.S. Technology is an exchange-traded fund on ARCA. As of Q3 2025, 1,171 institutional investors hold shares in this ETF, with total holdings valued at $11.7B. MORGAN STANLEY is the largest holder with a position valued at $1.1B.

Overview

Overview of institutional ownership in IYW as of Q3 2025

All Institutions

Institutions: 1,171
Value Held: $11.7B
Shares Held: 60.2M
Avg Position: $10.0M
Median Position: $869.6K

Hedge Funds

Hedge Funds: 16
Value Held: $158.3M
Shares Held: 808.0K
Avg Position: $9.9M
Median Position: $3.0M

Biggest Investors

Institutions with the largest positions in IYW as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.1B 0.07% of portfolio	5.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$864.7M 0.06% of portfolio	4.4M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
Green Harvest Asset Management LLC Long Only Manager	Michael Girard Donahoe CCO	$847.5M 12.98% of portfolio	4.3M shares	Q4 2022 Held for 2y 11m	$6.5B
L LPL Financial LLC Institution	-	$705.5M 0.21% of portfolio	3.6M shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$587.9M 0.04% of portfolio	3.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$453.2M 0.13% of portfolio	2.3M shares	≤ Q2 2013 Held for 12y 5m+	$341.99B
UBS Group AG Institution	Sergio P. Ermotti CEO	$368.7M 0.07% of portfolio	1.9M shares	Q4 2014 Held for 10y 11m	$511.54B
R ROYAL BANK OF CANADA Institution	-	$315.6M 0.06% of portfolio	1.6M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$312.9M 0.06% of portfolio	1.6M shares	≤ Q2 2013 Held for 12y 5m+	$488.61B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$298.6M 0.10% of portfolio	1.5M shares	Q4 2024 Held for 11 months	$310.43B

Net Capital Flow

Institutional buying and selling activity for IYW in Q3 2025

Net Flow: −$3.6B
Buyers: 303
Sellers: 564
Total Bought: +$566.0M
Total Sold: −$4.2B
Avg Position: $10.4M

Biggest Buyers

Institution	Net Bought	Current Position
R ROYAL BANK OF CANADA Institution	+$123.1M +628.3K shares	$315.6M 1.6M shares
A Advisor Group Holdings, Inc. Institution	+$54.6M +286.9K shares	$141.3M 742.7K shares
SAGESPRING WEALTH PARTNERS, LLC RIA/Wealth	+$30.7M +214.7K shares	$105.4M 737.2K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$28.0M +143.2K shares	$28.3M 144.4K shares
UBS Group AG Institution	+$14.2M +72.5K shares	$368.7M 1.9M shares
Dynasty Wealth Management, LLC Fund of Funds	+$12.6M +64.1K shares	$218.3M 1.1M shares
T TABLEAUX LLC Institution	+$12.4M +63.5K shares	$12.4M 63.5K shares
P Portfolio Strategies, Inc. RIA/Wealth	+$11.4M +58.1K shares	$79.8M 407.5K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	+$11.1M +56.7K shares	$83.5M 426.5K shares
H HRT FINANCIAL LLC Institution	+$11.0M +56.1K shares	$11.0M 56.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$1.4B −7.0M shares	$453.2M 2.3M shares
L LPL Financial LLC Institution	−$355.3M −1.8M shares	$705.5M 3.6M shares
CWM, LLC RIA/Wealth	−$151.4M −773.2K shares	$26.1M 133.2K shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$143.3M −827.2K shares	Sold Off 0 shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	−$137.1M −700.2K shares	$14.4M 73.6K shares
PARK AVENUE SECURITIES LLC RIA/Wealth	−$125.8M −642.4K shares	$44.0M 224.7K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	−$105.2M −536.9K shares	$68.4M 349.4K shares
Janney Montgomery Scott LLC RIA/Wealth	−$81.1M −414.2K shares	$42.2M 215.4K shares
MORGAN STANLEY RIA/Wealth	−$69.2M −353.5K shares	$1.1B 5.6M shares
Bank of New York Mellon Corp Institution	−$62.7M −320.4K shares	$6.9M 35.1K shares

Entry and Exit Activity

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

New Positions: 64
New Value: $29.3M
Exited Positions: 71
Exited Value: $243.2M

New Positions

Institution	Position Value
Lakeridge Wealth Management LLC RIA/Wealth	$3.4M 17.4K shares
Integrity Advisory Solutions, LLC RIA/Wealth	$2.9M 14.8K shares
MOULTON WEALTH MANAGEMENT, INC RIA/Wealth	$2.8M 14.5K shares
X XTX Topco Ltd Institution	$2.7M 13.8K shares
Siligmueller & Norvid Wealth Advisors LLC RIA/Wealth	$2.0M 10.0K shares
LEE JOHNSON CAPITAL MANAGEMENT, LLC RIA/Wealth	$1.4M 7.1K shares
Cannon Advisors, Inc. RIA/Wealth	$799.9K 4.0K shares
Edgemoor Investment Advisors, Inc. RIA/Wealth	$705.1K 3.6K shares
Astoria Portfolio Advisors LLC. Fund of Funds	$696.7K 3.5K shares
V Vise Technologies, Inc. Institution	$590.2K 3.0K shares

Exited Positions

Institution	Previous Position
M MANUFACTURERES LIFE INSURANCE CO Institution	$143.3M 827.2K shares
Marshall Wace LLP Institution	$26.9M 155.5K shares
Duncan Williams Asset Management, LLC RIA/Wealth	$9.8M 56.5K shares
C CANADA PENSION PLAN INVESTMENT BOARD Institution	$8.7M 50.0K shares
PAX Financial Group, LLC RIA/Wealth	$6.3M 36.2K shares
ShoreHaven Wealth Partners, LLC RIA/Wealth	$3.7M 21.1K shares
Cobblestone Asset Management LLC RIA/Wealth	$3.3M 18.9K shares
Hobbs Wealth Management, LLC RIA/Wealth	$2.9M 16.6K shares
Fort Point Capital Partners, LLC Fund of Funds	$2.7M 15.4K shares
S SWP FINANCIAL LLC Institution	$2.4M 14.0K shares

Options Activity

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

Call Positions: 5
Call Value: $19.4M
Put Positions: 6
Put Value: $35.8M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$7.0M 355.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.2M 267.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.9M 251.0 contracts
W WOLVERINE TRADING, LLC Institution	$1.3M 66.0 contracts
L LPL Financial LLC Institution	$979.3K 50.0 contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$23.0M 1.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$11.8M 602.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$607.2K 31.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$391.7K 20.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
B Belvedere Trading LLC Institution	- - contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Green Harvest Asset Management LLC Long Only Manager	Michael Girard Donahoe CCO	12.98% $847.5M	4.3M shares	Q4 2022 Held for 2y 11m	$6.5B
Parker Investment Management, LLC RIA/Wealth	John Wayne Parker Owner	12.47% $91.4M	466.6K shares	Q1 2023 Held for 2y 8m	$732.9M
H HC Advisors, LLC RIA/Wealth	Daniel Christopher Henning CEO	11.35% $16.2M	82.5K shares	Q4 2019 Held for 5y 11m	$142.3M
P Portfolio Strategies, Inc. RIA/Wealth	Aharon Kirshenbaum President	9.28% $79.8M	407.5K shares	Q2 2023 Held for 2y 5m	$860.4M
Mendel Capital Management LLC RIA/Wealth	Geoffrey H Niebaum CEO	9.24% $17.6M	90.0K shares	Q4 2021 Held for 3y 11m	$190.7M
CPR Investments Inc. RIA/Wealth	Charles Paul Reinhold CEO	9.03% $11.6M	59.3K shares	Q3 2024 Held for 1y 2m	$128.8M
F First Citizens Financial Corp Institution	-	8.95% $18.1M	92.4K shares	Q2 2023 Held for 2y 5m	$202.3M
A Atlas Legacy Advisors, LLC RIA/Wealth	Marc M Rosenbach Founder	8.07% $41.8M	213.3K shares	Q4 2024 Held for 11 months	$517.9M
COTTONWOOD CAPITAL ADVISORS, LLC RIA/Wealth	John William Rubottom Founder	6.59% $9.0M	46.2K shares	Q4 2021 Held for 3y 11m	$137.3M
Signature Wealth Management Partners, LLC RIA/Wealth	Elizabeth Ann Emr Managing Partner	6.38% $12.2M	62.2K shares	Q4 2020 Held for 4y 11m	$191.0M

Hedge Fund Spotlight

Discover hedge funds investing in IYW

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerCarter Mayberry Lyons

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in iShares U.S. Technology

Market Value: $110.3M
Shares Held: 562.9K
Portfolio Weight: 0.18%
Owned Since: 2022-Q2

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%