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GARP

iShares MSCI USA Quality GARP ETF

94 hedge funds and large institutions have $467M invested in iShares MSCI USA Quality GARP ETF in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

257% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 7

135% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 17

41% more capital invested

Capital invested by funds: $332M → $467M (+$135M)

24% more funds holding

Funds holding: 7694 (+18)

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

1.11% more ownership

Funds ownership: 64.75%65.85% (+1.1%)

Holders
94
Holders Change
+18
Holders Change %
+23.68%
% of All Funds
1.23%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
25
Increased
40
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$66.7M +$19.8M +317,323 +45%
Cambridge Investment Research Advisors
2
Cambridge Investment Research Advisors
Iowa
$32.2M +$1.81M +28,975 +6%
Cetera Investment Advisers
3
Cetera Investment Advisers
Illinois
$30.2M +$3.32M +53,125 +13%
LC
4
Landaas & Company
Wisconsin
$28.1M +$237K +3,801 +0.9%
IFG
5
Independent Financial Group
California
$24.5M +$108K +1,737 +0.5%
Bank of America
6
Bank of America
North Carolina
$21.5M +$9.54M +152,708 +87%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$21.3M +$3.37M +53,972 +20%
PNC
8
Park National Corp
Ohio
$19.2M +$587K +9,400 +3%
PS
9
Planned Solutions
California
$15.1M +$285K +4,556 +2%
Stifel Financial
10
Stifel Financial
Missouri
$14.9M +$14.2M +226,883 New
VNA
11
Valley National Advisers
Pennsylvania
$14.4M +$587K +9,391 +4%
AWA
12
ARQ Wealth Advisors
Arizona
$13.7M -$54.7K -876 -0.4%
BDWCC
13
B&D White Capital Company
Texas
$13.2M +$12.6M +201,515 New
Raymond James Financial
14
Raymond James Financial
Florida
$11.8M +$5.65M +90,416 +102%
HighTower Advisors
15
HighTower Advisors
Illinois
$10.6M +$22.6K +362 +0.2%
FNWM
16
Financial Network Wealth Management
Utah
$9.9M +$9.05M +144,951 New
Osaic Holdings
17
Osaic Holdings
Arizona
$9.8M +$1.24M +19,895 +15%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$9.48M +$5.67M +90,812 +170%
DOA
19
D'Orazio & Associates
Virginia
$8.7M +$630K +10,094 +8%
LCG
20
Lakeshore Capital Group
Illinois
$6.67M +$5.98M +95,739 +1,609%
PS
21
Principal Securities
Iowa
$5.59M +$4.58M +73,251 +615%
First Trust Advisors
22
First Trust Advisors
Illinois
$5M +$4.75M +76,099 New
CA
23
CGN Advisors
Kansas
$4.61M +$4.38M +70,167 New
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$4.6M +$2.72M +43,560 +164%
MSWA
25
Marshall & Sterling Wealth Advisors
New York
$4.36M +$4.16M +66,533 New

GARP Hedge Fund Activity: Q3 2025 in Review

94 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality GARP ETF (GARP) for Q3 2025, worth a combined $467M — up 41% from $332M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new GARP positions and 7 closed out — a net gain of 18 holders — while 40 added to existing stakes and 17 trimmed.

The largest buyer was LPL Financial, adding an estimated $19.8M. The largest seller was Mount Yale Investment Advisors, exiting entirely with an estimated $24.7M sold.

  • 94 institutional investors held iShares MSCI USA Quality GARP ETF (GARP) as of Q3 2025, up from 76 in Q2 2025.
  • Funds reported $467M of iShares MSCI USA Quality GARP ETF stock for Q3 2025, up 41% quarter-over-quarter.
  • 25 funds opened new iShares MSCI USA Quality GARP ETF positions in Q3 2025 and 7 closed out, a net change of +18 holders.
  • The largest iShares MSCI USA Quality GARP ETF buyer in Q3 2025 was LPL Financial, an estimated $19.8M added.
  • The largest iShares MSCI USA Quality GARP ETF seller in Q3 2025 was Mount Yale Investment Advisors, an estimated $24.7M sold.

Based on aggregated 13F filings for Q3 2025.