Madison Asset Management’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Madison Asset Management’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
2023 Q1	–	Sell	-3,773	Closed	-$272K	–	320
2022 Q4	$272K	Buy	3,773 +398	+12%	+$28.3K	﹤0.01%	305
2022 Q3	$223K	Buy	+3,375	New	+$243K	﹤0.01%	333
2022 Q2	–	Sell	-42,925	Closed	-$3.33M	–	379
2022 Q1	$3.33M	Sell	42,925 -97,648	-69%	-$7.39M	0.05%	215
2021 Q4	$11.4M	Buy	140,573 +18,138	+15%	+$1.4M	0.15%	129
2021 Q3	$9M	Buy	+122,435	New	+$9.33M	0.12%	133
2020 Q3	–	Sell	-207,492	Closed	-$12.6M	–	277
2020 Q2	$12.6M	Sell	207,492 -134,785	-39%	-$8M	0.22%	109
2020 Q1	$18.5M	Buy	342,277 +62,827	+22%	+$3.99M	0.38%	84
2019 Q4	$18.3M	Buy	+279,450	New	+$17.9M	0.28%	100

Other funds holding USMV

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

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

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

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

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Mercer Global Advisors Denver, Colorado $67.6B AUM 18.3% 1-Year Est. Return

CAPTRUST Financial Advisors Raleigh, North Carolina $57.3B AUM 18.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Madison Asset Management's USMV Position: Q1 2023 in Review

Madison Asset Management sold out of iShares MSCI USA Min Vol Factor ETF (USMV) in Q1 2023, closing a stake of 3,773 shares — an estimated $272K sold.

Madison Asset Management first reported a position in USMV in Q4 2019 and held it in 8 quarters. The position peaked at $18.5M in Q1 2020. 1,127 funds tracked by Wall St. Rank hold USMV as of Q1 2023.

Madison Asset Management reported no remaining iShares MSCI USA Min Vol Factor ETF position as of Q1 2023 after selling out during the quarter.
Madison Asset Management sold 3,773 iShares MSCI USA Min Vol Factor ETF shares in Q1 2023, an estimated $272K.
Madison Asset Management first reported a position in iShares MSCI USA Min Vol Factor ETF in Q4 2019 and held it in 8 quarters.
Madison Asset Management's iShares MSCI USA Min Vol Factor ETF position peaked at $18.5M in Q1 2020.
1,127 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2023.

Based on Madison Asset Management's 13F filing for Q1 2023, filed 26 Apr 2023.