Tower Research Capital (TRC)’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Tower Research Capital (TRC)’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	$13M	Buy	140,619 +104,213	+286%	+$9.9M	0.34%	40
2025 Q4	$3.43M	Buy	36,406 +36,397	+404,411%	+$3.43M	0.08%	211
2025 Q3	$856	Buy	+9	New	+$843	﹤0.01%	4924
2025 Q1	–	Sell	-67,476	Closed	-$5.99M	–	5815
2024 Q4	$5.99M	Buy	+67,476	New	+$6.19M	0.12%	130
2024 Q2	–	Sell	-35,476	Closed	-$2.97M	–	6019
2024 Q1	$2.97M	Sell	35,476 -22,631	-39%	-$1.83M	0.07%	198
2023 Q4	$4.53M	Sell	58,107 -132,571	-70%	-$9.89M	0.06%	277
2023 Q3	$13.8M	Buy	190,678 +116,656	+158%	+$8.7M	0.43%	31
2023 Q2	$5.5M	Buy	+74,022	New	+$5.41M	0.18%	76
2023 Q1	–	Sell	-17,826	Closed	-$1.28M	–	6301
2022 Q4	$1.28M	Sell	17,826 -11,456	-39%	-$815K	0.05%	290
2022 Q3	$1.94M	Buy	29,282 +28,674	+4,716%	+$2.07M	0.03%	433
2022 Q2	$43K	Sell	608 -6,957	-92%	-$509K	﹤0.01%	3043
2022 Q1	$587K	Buy	+7,565	New	+$573K	0.01%	1066
2021 Q4	–	Sell	-29,475	Closed	-$2.17M	–	6584
2021 Q3	$2.17M	Sell	29,475 -2,929	-9%	-$223K	0.06%	247
2021 Q2	$2.38M	Sell	32,404 -23,113	-42%	-$1.67M	0.06%	259
2021 Q1	$3.84M	Sell	55,517 -41,865	-43%	-$2.83M	0.06%	277
2020 Q4	$6.61M	Buy	97,382 +38,292	+65%	+$2.52M	0.2%	47
2020 Q3	$3.77M	Buy	+59,090	New	+$3.75M	0.04%	130
2020 Q2	–	Sell	-18,467	Closed	-$997K	–	5008
2020 Q1	$997K	Buy	+18,467	New	+$1.17M	0.06%	227
2019 Q4	–	Sell	-7,745	Closed	-$496K	–	4406
2019 Q3	$496K	Buy	7,745 +7,445	+2,482%	+$472K	0.03%	575
2019 Q2	$19K	Sell	300 -4,548	-94%	-$273K	﹤0.01%	2225
2019 Q1	$285K	Buy	+4,848	New	+$272K	0.02%	966
2018 Q4	–	Sell	-3,900	Closed	-$222K	–	4381
2018 Q3	$222K	Buy	3,900 +2,800	+255%	+$156K	0.02%	924
2018 Q2	$58K	Sell	1,100 -118,085	-99%	-$6.21M	﹤0.01%	1765
2018 Q1	$6.19M	Buy	+119,185	New	+$6.31M	0.53%	23
2017 Q4	–	Sell	-4,989	Closed	-$251K	–	4048
2017 Q3	$251K	Sell	4,989 -2,274	-31%	-$113K	0.02%	597
2017 Q2	$355K	Buy	+7,263	New	+$354K	0.04%	250
2017 Q1	–	Sell	-26,714	Closed	-$1.21M	–	3949
2016 Q4	$1.21M	Sell	26,714 -43,203	-62%	-$1.93M	0.13%	169
2016 Q3	$3.18M	Sell	69,917 -12,533	-15%	-$580K	0.32%	37
2016 Q2	$3.81M	Sell	82,450 -10,527	-11%	-$468K	0.36%	45
2016 Q1	$4.08M	Buy	+92,977	New	+$3.87M	0.61%	25
2015 Q3	–	Sell	-83,674	Closed	-$3.37M	–	4800
2015 Q2	$3.37M	Buy	83,674 +16,586	+25%	+$686K	0.3%	37
2015 Q1	$2.77M	Buy	+67,088	New	+$2.76M	0.34%	38
2014 Q4	–	Sell	-6,716	Closed	-$253K	–	4720
2014 Q3	$253K	Sell	6,716 -21,935	-77%	-$825K	0.03%	446
2014 Q2	$1.07M	Buy	28,651 +8,417	+42%	+$308K	0.14%	85
2014 Q1	$729K	Sell	20,234 -6,772	-25%	-$240K	0.09%	161
2013 Q4	$959K	Sell	27,006 -109,611	-80%	-$3.8M	0.16%	88
2013 Q3	$4.54M	Buy	136,617 +17,399	+15%	+$581K	0.49%	28
2013 Q2	$3.88M	Buy	+119,218	New	+$3.96M	0.32%	26

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 $4.65B AUM 15.85% 1-Year Est. Return

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

Tower Research Capital (TRC)'s USMV Position: Q1 2026 in Review

Tower Research Capital (TRC) increased its iShares MSCI USA Min Vol Factor ETF (USMV) stake by 286% in Q1 2026, buying an estimated $9.9M and bringing the position to 140,619 shares worth $13M. The position accounts for 0.34% of the portfolio, ranked #40.

Tower Research Capital (TRC) first reported a position in USMV in Q2 2013 and has held it in 38 quarters since. The position peaked at $13.8M in Q3 2023. 1,355 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

Tower Research Capital (TRC) held 140,619 shares of iShares MSCI USA Min Vol Factor ETF worth $13M as of Q1 2026.
Tower Research Capital (TRC) bought 104,213 iShares MSCI USA Min Vol Factor ETF shares in Q1 2026, an estimated $9.9M.
iShares MSCI USA Min Vol Factor ETF made up 0.34% of Tower Research Capital (TRC)'s portfolio in Q1 2026, its #40 holding.
Tower Research Capital (TRC) first reported a position in iShares MSCI USA Min Vol Factor ETF in Q2 2013 and has held it in 38 quarters since.
Tower Research Capital (TRC)'s iShares MSCI USA Min Vol Factor ETF position peaked at $13.8M in Q3 2023.
1,355 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on Tower Research Capital (TRC)'s 13F filing for Q1 2026, filed 15 May 2026.