Virtus Terranova US Quality Momentum ETF
JOET
23 hedge funds and large institutions have $26.9M invested in Virtus Terranova US Quality Momentum ETF in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 6 closing their positions.
108% more capital invested
Capital invested by funds: $12.9M → $26.9M (+$13.9M)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
21% more funds holding
Funds holding: 19 → 23 (+4)
10.41% more ownership
Funds ownership: 16.19% → 26.6% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$4.49M |
| 2 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
+$2.96M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.4M |
| 4 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$1.4M |
| 5 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$829K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$687K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$556K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$467K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$412K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$467K | -19,014 | Closed |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$146K | -5,943 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$31K | -1,242 | Closed |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$30K | -1,238 | Closed |
|
30
Wells Fargo
San Francisco,
California
| – | -$5K | -200 | Closed |
|
JOET Hedge Fund Activity: Q4 2022 in Review
23 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q4 2022, worth a combined $26.9M — up 108% from $12.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new JOET positions and 6 closed out — a net gain of 4 holders — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Financial Enhancement Group, opening a new position worth an estimated $4.49M. The largest seller was Royal Bank of Canada, cutting an estimated $687K.
- 23 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q4 2022, up from 19 in Q3 2022.
- Funds reported $26.9M of Virtus Terranova US Quality Momentum ETF stock for Q4 2022, up 108% quarter-over-quarter.
- 10 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q4 2022 and 6 closed out, a net change of +4 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q4 2022 was Financial Enhancement Group, an estimated $4.49M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q4 2022 was Royal Bank of Canada, an estimated $687K sold.
Based on aggregated 13F filings for Q4 2022.