iShares ESG Aware MSCI USA ETF
ESGU
699 hedge funds and large institutions have $10.6B invested in iShares ESG Aware MSCI USA ETF in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 159 increasing their positions, 370 reducing their positions, and 51 closing their positions.
12% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 51
0.4% more ownership
Funds ownership: 88.12% → 88.52% (+0.4%)
1% less funds holding
Funds holding: 704 → 699 (-5)
17% less capital invested
Capital invested by funds: $12.8B → $10.6B (-$2.19B)
20% less funds holding in top 10
Funds holding in top 10: 56 → 45 (-11)
57% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 370
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$104M |
| 2 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
+$91.8M |
| 3 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$89.5M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$19.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$844M |
| 2 |
LPL Financial
San Diego,
California
|
-$139M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$121M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$104M |
| 5 |
Morgan Stanley
New York
|
-$98M |
ESGU Hedge Fund Activity: Q3 2023 in Review
699 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares ESG Aware MSCI USA ETF (ESGU) for Q3 2023, worth a combined $10.6B — down 17% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new ESGU positions and 51 closed out — a net gain of 6 holders — while 159 added to existing stakes and 370 trimmed.
The largest buyer was Sumitomo Mitsui Financial Group, opening a new position worth an estimated $104M. The largest seller was Envestnet Asset Management, cutting an estimated $844M.
- 699 institutional investors held iShares ESG Aware MSCI USA ETF (ESGU) as of Q3 2023, down from 704 in Q2 2023.
- Funds reported $10.6B of iShares ESG Aware MSCI USA ETF stock for Q3 2023, down 17% quarter-over-quarter.
- 57 funds opened new iShares ESG Aware MSCI USA ETF positions in Q3 2023 and 51 closed out, a net change of +6 holders.
- The largest iShares ESG Aware MSCI USA ETF buyer in Q3 2023 was Sumitomo Mitsui Financial Group, an estimated $104M added.
- The largest iShares ESG Aware MSCI USA ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $844M sold.
Based on aggregated 13F filings for Q3 2023.