Horizon Investments’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Horizon Investments’s Portfolio USMV Stock Details USMV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$121M	Buy	1,303,499 +111,805	+9%	+$10.6M	1.35%	14
2025 Q4	$112M	Sell	1,191,694 -16,002	-1%	-$1.51M	1.42%	14
2025 Q3	$115M	Buy	1,207,696 +61,333	+5%	+$5.74M	1.51%	14
2025 Q2	$108M	Buy	1,146,363 +350,288	+44%	+$32.2M	1.7%	9
2025 Q1	$74.6M	Buy	796,075 +111,067	+16%	+$10.2M	2.22%	8
2024 Q4	$60.8M	Sell	685,008 -1,195,199	-64%	-$110M	1.74%	10
2024 Q3	$172M	Buy	1,880,207 +1,024,839	+120%	+$90.4M	4.56%	5
2024 Q2	$71.8M	Sell	855,368 -31,985	-4%	-$2.64M	1.99%	11
2024 Q1	$74.2M	Buy	887,353 +68,865	+8%	+$5.56M	1.95%	11
2023 Q4	$63.9M	Sell	818,488 -721,464	-47%	-$53.8M	1.78%	9
2023 Q3	$111M	Buy	1,539,952 +21,327	+1%	+$1.59M	3.39%	8
2023 Q2	$113M	Buy	1,518,625 +671,176	+79%	+$49M	3.25%	9
2023 Q1	$61.6M	Buy	847,449 +261,550	+45%	+$18.8M	1.83%	14
2022 Q4	$42.2M	Buy	585,899 +3,372	+0.6%	+$240K	1.19%	22
2022 Q3	$38.5M	Sell	582,527 -341,428	-37%	-$24.6M	1.18%	20
2022 Q2	$64.9M	Sell	923,955 -1,580,048	-63%	-$116M	2.06%	12
2022 Q1	$194M	Buy	2,504,003 +361,610	+17%	+$27.4M	5.51%	4
2021 Q4	$173M	Sell	2,142,393 -317,129	-13%	-$24.6M	5.12%	3
2021 Q3	$181M	Buy	2,459,522 +587,006	+31%	+$44.7M	4.73%	4
2021 Q2	$138M	Buy	1,872,516 +549,250	+42%	+$39.7M	4.1%	7
2021 Q1	$91.6M	Buy	+1,323,266	New	+$89.5M	3.36%	9
2020 Q4	–	Sell	-1,510,652	Closed	-$96.3M	–	386
2020 Q3	$96.3M	Buy	1,510,652 +1,417,981	+1,530%	+$90M	3.43%	8
2020 Q2	$5.62M	Buy	92,671 +49,953	+117%	+$2.96M	0.14%	80
2020 Q1	$2.31M	Sell	42,718 -1,399,616	-97%	-$88.8M	0.11%	66
2019 Q4	$94.6M	Buy	1,442,334 +1,317,419	+1,055%	+$84.6M	4.15%	5
2019 Q3	$8.01M	Buy	+124,915	New	+$7.91M	0.32%	32

Other funds holding USMV

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

CCA

Catalyst Capital Advisors Huntington, New York $5.37B AUM 18.53% 1-Year Est. Return

MRC

Millburn Ridgefield Corp New York $5.28B AUM 21.66% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Horizon Investments's USMV Position: Q1 2026 in Review

Horizon Investments increased its iShares MSCI USA Min Vol Factor ETF (USMV) stake by 9.4% in Q1 2026, buying an estimated $10.6M and bringing the position to 1,303,499 shares worth $121M. The position accounts for 1.35% of the portfolio, ranked #14.

Horizon Investments first reported a position in USMV in Q3 2019 and has held it in 26 quarters since. The position peaked at $194M in Q1 2022. 1,356 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

Horizon Investments held 1,303,499 shares of iShares MSCI USA Min Vol Factor ETF worth $121M as of Q1 2026.
Horizon Investments bought 111,805 iShares MSCI USA Min Vol Factor ETF shares in Q1 2026, an estimated $10.6M.
iShares MSCI USA Min Vol Factor ETF made up 1.35% of Horizon Investments's portfolio in Q1 2026, its #14 holding.
Horizon Investments first reported a position in iShares MSCI USA Min Vol Factor ETF in Q3 2019 and has held it in 26 quarters since.
Horizon Investments's iShares MSCI USA Min Vol Factor ETF position peaked at $194M in Q1 2022.
1,356 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on Horizon Investments's 13F filing for Q1 2026, filed 15 May 2026.