iShares Morningstar Value ETF
ILCV
174 hedge funds and large institutions have $828M invested in iShares Morningstar Value ETF in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 57 increasing their positions, 56 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
6% more capital invested
Capital invested by funds: $782M → $828M (+$45.5M)
2% more funds holding
Funds holding: 170 → 174 (+4)
2% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.16% less ownership
Funds ownership: 70.65% → 70.49% (-0.16%)
62% less call options, than puts
Call options by funds: $2.09B | Put options by funds: $5.52B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AlphaCore Capital
La Jolla,
California
|
+$22.2M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$12.6M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.65M |
| 5 |
GVCM
Global View Capital Management
Waukesha,
Wisconsin
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EH
Equitable Holdings
New York
|
-$10.9M |
| 2 |
TF
Tandem Financial
Greenwood Village,
Colorado
|
-$5.91M |
| 3 |
AWM
Apex Wealth Management
Bedford,
New Hampshire
|
-$4.57M |
| 4 |
WCAMG
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
|
-$3.25M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.18M |
ILCV Hedge Fund Activity: Q4 2025 in Review
174 institutional investors reported a position in iShares Morningstar Value ETF (ILCV) for Q4 2025, worth a combined $828M — up 5.8% from $782M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ILCV positions and 14 closed out — a net gain of 8 holders — while 57 added to existing stakes and 56 trimmed.
The largest buyer was AlphaCore Capital, opening a new position worth an estimated $22.2M. The largest seller was Equitable Holdings, cutting an estimated $10.9M.
- 174 institutional investors held iShares Morningstar Value ETF (ILCV) as of Q4 2025, up from 170 in Q3 2025.
- Funds reported $828M of iShares Morningstar Value ETF stock for Q4 2025, up 5.8% quarter-over-quarter.
- 22 funds opened new iShares Morningstar Value ETF positions in Q4 2025 and 14 closed out, a net change of +8 holders.
- The largest iShares Morningstar Value ETF buyer in Q4 2025 was AlphaCore Capital, an estimated $22.2M added.
- The largest iShares Morningstar Value ETF seller in Q4 2025 was Equitable Holdings, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2025.