iShares MSCI EAFE Min Vol Factor ETF
EFAV
77 hedge funds and large institutions have $639M invested in iShares MSCI EAFE Min Vol Factor ETF in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 16 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
131% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 16
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more capital invested
Capital invested by funds: $546M → $639M (+$92.3M)
17% more funds holding
Funds holding: 66 → 77 (+11)
2.07% more ownership
Funds ownership: 57.96% → 60.03% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$20.5M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$17.7M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$16.1M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$8.58M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.64M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$6.17M |
| 5 |
SG Americas Securities
New York
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCPG
76
Kavar Capital Partners Group
Leawood,
Kansas
| $13K | – | – | – |
|
|
MIM
77
Macroview Investment Management
Bethesda,
Maryland
| $3K | – | – | – |
|
|
78
Franklin Resources
San Mateo,
California
| – | -$6.17M | -100,100 | Closed |
|
|
79
SG Americas Securities
New York
| – | -$4.47M | -72,559 | Closed |
|
|
ASN
80
Advisory Services Network
Atlanta,
Georgia
| – | -$50K | -807 | Closed |
|
|
JG
81
Jefferies Group
New York
| – | -$5K | -81 | Closed |
|
EFAV Hedge Fund Activity: Q1 2014 in Review
77 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI EAFE Min Vol Factor ETF (EFAV) for Q1 2014, worth a combined $639M — up 17% from $546M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EFAV positions and 4 closed out — a net gain of 11 holders — while 37 added to existing stakes and 16 trimmed.
The largest buyer was LPL Financial, adding an estimated $20.5M. The largest seller was Morgan Stanley, cutting an estimated $14.5M.
- 77 institutional investors held iShares MSCI EAFE Min Vol Factor ETF (EFAV) as of Q1 2014, up from 66 in Q4 2013.
- Funds reported $639M of iShares MSCI EAFE Min Vol Factor ETF stock for Q1 2014, up 17% quarter-over-quarter.
- 15 funds opened new iShares MSCI EAFE Min Vol Factor ETF positions in Q1 2014 and 4 closed out, a net change of +11 holders.
- The largest iShares MSCI EAFE Min Vol Factor ETF buyer in Q1 2014 was LPL Financial, an estimated $20.5M added.
- The largest iShares MSCI EAFE Min Vol Factor ETF seller in Q1 2014 was Morgan Stanley, an estimated $14.5M sold.
Based on aggregated 13F filings for Q1 2014.