Tortoise Investment Management’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Tortoise Investment 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	–	Sell	-2,147	Closed	-$202K	–	266
2025 Q4	$202K	Hold	2,147	–	–	0.02%	230
2025 Q3	$204K	Hold	2,147	–	–	0.02%	227
2025 Q2	$202K	Sell	2,147 -75	-3%	-$6.9K	0.02%	220
2025 Q1	$208K	Hold	2,222	–	–	0.02%	210
2024 Q4	$197K	Hold	2,222	–	–	0.02%	224
2024 Q3	$203K	Hold	2,222	–	–	0.02%	217
2024 Q2	$187K	Sell	2,222 -61	-3%	-$5.03K	0.02%	219
2024 Q1	$191K	Hold	2,283	–	–	0.02%	219
2023 Q4	$178K	Sell	2,283 -245	-10%	-$18.3K	0.02%	216
2023 Q3	$183K	Buy	+2,528	New	+$188K	0.03%	201
2019 Q1	–	Sell	-23	Closed	-$1K	–	644
2018 Q4	$1K	Hold	23	–	–	﹤0.01%	535
2018 Q3	$1K	Hold	23	–	–	﹤0.01%	537
2018 Q2	$1K	Hold	23	–	–	﹤0.01%	552
2018 Q1	$1K	Sell	23 -44	-66%	-$2.33K	﹤0.01%	529
2017 Q4	$4K	Buy	67 +44	+191%	+$2.28K	﹤0.01%	482
2017 Q3	$1K	Hold	23	–	–	﹤0.01%	480
2017 Q2	$1K	Hold	23	–	–	﹤0.01%	480
2017 Q1	$1K	Hold	23	–	–	﹤0.01%	463
2016 Q4	$1K	Hold	23	–	–	﹤0.01%	476
2016 Q3	$1K	Hold	23	–	–	﹤0.01%	428
2016 Q2	$1K	Hold	23	–	–	﹤0.01%	482
2016 Q1	$1K	Buy	+23	New	+$957	﹤0.01%	383

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

Tortoise Investment Management's USMV Position: Q1 2026 in Review

Tortoise Investment Management sold out of iShares MSCI USA Min Vol Factor ETF (USMV) in Q1 2026, closing a stake of 2,147 shares — an estimated $202K sold.

Tortoise Investment Management first reported a position in USMV in Q1 2016 and held it in 22 quarters. The position peaked at $208K in Q1 2025. 1,357 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

Tortoise Investment Management reported no remaining iShares MSCI USA Min Vol Factor ETF position as of Q1 2026 after selling out during the quarter.
Tortoise Investment Management sold 2,147 iShares MSCI USA Min Vol Factor ETF shares in Q1 2026, an estimated $202K.
Tortoise Investment Management first reported a position in iShares MSCI USA Min Vol Factor ETF in Q1 2016 and held it in 22 quarters.
Tortoise Investment Management's iShares MSCI USA Min Vol Factor ETF position peaked at $208K in Q1 2025.
1,357 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on Tortoise Investment Management's 13F filing for Q1 2026, filed 5 May 2026.