Northwestern Mutual Wealth Management’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Northwestern Mutual Wealth 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
2026 Q1	$141M	Sell	1,521,231 -154,008	-9%	-$14.6M	0.09%	120
2025 Q4	$158M	Sell	1,675,239 -122,022	-7%	-$11.5M	0.1%	102
2025 Q3	$171M	Sell	1,797,261 -106,751	-6%	-$10M	0.11%	91
2025 Q2	$179M	Buy	1,904,012 +71,325	+4%	+$6.56M	0.13%	82
2025 Q1	$172M	Sell	1,832,687 -130,975	-7%	-$12.1M	0.14%	72
2024 Q4	$174M	Sell	1,963,662 -93,659	-5%	-$8.59M	0.15%	65
2024 Q3	$188M	Sell	2,057,321 -48,439	-2%	-$4.27M	0.17%	64
2024 Q2	$177M	Sell	2,105,760 -521,201	-20%	-$42.9M	0.17%	62
2024 Q1	$220M	Sell	2,626,961 -93,881	-3%	-$7.57M	0.23%	52
2023 Q4	$212M	Sell	2,720,842 -344,134	-11%	-$25.7M	0.24%	49
2023 Q3	$222M	Buy	3,064,976 +188,910	+7%	+$14.1M	0.29%	43
2023 Q2	$214M	Sell	2,876,066 -187,836	-6%	-$13.7M	0.28%	45
2023 Q1	$223M	Buy	3,063,902 +42,744	+1%	+$3.07M	0.31%	39
2022 Q4	$218M	Buy	3,021,158 +35,946	+1%	+$2.56M	0.33%	38
2022 Q3	$197M	Sell	2,985,212 -16,322	-0.5%	-$1.18M	0.34%	39
2022 Q2	$211M	Sell	3,001,534 -198,206	-6%	-$14.5M	0.36%	38
2022 Q1	$248M	Sell	3,199,740 -906,822	-22%	-$68.7M	0.4%	37
2021 Q4	$332M	Sell	4,106,562 -230,418	-5%	-$17.8M	0.54%	27
2021 Q3	$319M	Sell	4,336,980 -424,725	-9%	-$32.4M	0.58%	27
2021 Q2	$351M	Sell	4,761,705 -955,437	-17%	-$69M	0.67%	26
2021 Q1	$396M	Sell	5,717,142 -1,278,001	-18%	-$86.4M	0.84%	20
2020 Q4	$475M	Sell	6,995,143 -1,141,501	-14%	-$75.1M	1.1%	17
2020 Q3	$519M	Buy	8,136,644 +16,271	+0.2%	+$1.03M	1.4%	15
2020 Q2	$492M	Buy	8,120,373 +851,315	+12%	+$50.5M	1.52%	13
2020 Q1	$393M	Buy	7,269,058 +433,226	+6%	+$27.5M	1.52%	12
2019 Q4	$448M	Buy	6,835,832 +1,424,892	+26%	+$91.5M	1.53%	10
2019 Q3	$347M	Buy	5,410,940 +1,117,657	+26%	+$70.8M	1.32%	12
2019 Q2	$265M	Buy	4,293,283 +813,079	+23%	+$48.8M	1.07%	13
2019 Q1	$205M	Buy	3,480,204 +567,264	+19%	+$31.8M	0.9%	17
2018 Q4	$153M	Buy	2,912,940 +925,606	+47%	+$50.9M	0.76%	18
2018 Q3	$113M	Buy	1,987,334 +90,001	+5%	+$5.02M	0.57%	21
2018 Q2	$101M	Buy	1,897,333 +103,898	+6%	+$5.47M	0.57%	22
2018 Q1	$93.1M	Buy	1,793,435 +87,587	+5%	+$4.63M	0.57%	24
2017 Q4	$90M	Buy	1,705,848 +59,925	+4%	+$3.11M	0.57%	24
2017 Q3	$82.9M	Buy	1,645,923 +18,371	+1%	+$916K	0.59%	25
2017 Q2	$79.6M	Buy	1,627,552 +132,755	+9%	+$6.47M	0.64%	25
2017 Q1	$71.3M	Buy	1,494,797 +56,818	+4%	+$2.66M	0.65%	27
2016 Q4	$65M	Buy	+1,437,979	New	+$64.2M	0.71%	26
2016 Q3	–	Sell	-1,394,738	Closed	-$64.5M	–	1458
2016 Q2	$64.5M	Buy	1,394,738 +232,054	+20%	+$10.3M	0.92%	19
2016 Q1	$51.1M	Buy	1,162,684 +390,956	+51%	+$16.3M	0.83%	24
2015 Q4	$32.3M	Buy	771,728 +398,409	+107%	+$16.6M	0.64%	35
2015 Q3	$14.8M	Buy	373,319 +373,232	+429,002%	+$15.3M	0.35%	61
2015 Q2	$4K	Sell	87 -1,181	-93%	-$48.8K	﹤0.01%	1168
2015 Q1	$52K	Buy	+1,268	New	+$52.2K	﹤0.01%	645
2014 Q2	–	Sell	-362	Closed	-$13K	–	1392
2014 Q1	$13K	Buy	+362	New	+$12.8K	﹤0.01%	830

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 $6.03B AUM 24.5% 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

Northwestern Mutual Wealth Management's USMV Position: Q1 2026 in Review

Northwestern Mutual Wealth Management reduced its iShares MSCI USA Min Vol Factor ETF (USMV) stake by 9.2% in Q1 2026, selling an estimated $14.6M and leaving 1,521,231 shares worth $141M. The position accounts for 0.09% of the portfolio, ranked #120.

Northwestern Mutual Wealth Management first reported a position in USMV in Q1 2014 and has held it in 45 quarters since. The position peaked at $519M in Q3 2020. 1,356 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

Northwestern Mutual Wealth Management held 1,521,231 shares of iShares MSCI USA Min Vol Factor ETF worth $141M as of Q1 2026.
Northwestern Mutual Wealth Management sold 154,008 iShares MSCI USA Min Vol Factor ETF shares in Q1 2026, an estimated $14.6M.
iShares MSCI USA Min Vol Factor ETF made up 0.09% of Northwestern Mutual Wealth Management's portfolio in Q1 2026, its #120 holding.
Northwestern Mutual Wealth Management first reported a position in iShares MSCI USA Min Vol Factor ETF in Q1 2014 and has held it in 45 quarters since.
Northwestern Mutual Wealth Management's iShares MSCI USA Min Vol Factor ETF position peaked at $519M in Q3 2020.
1,356 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on Northwestern Mutual Wealth Management's 13F filing for Q1 2026, filed 7 May 2026.