Virtus Terranova US Quality Momentum ETF
JOET
29 hedge funds and large institutions have $33.8M invested in Virtus Terranova US Quality Momentum ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
26% more funds holding
Funds holding: 23 → 29 (+6)
26% more capital invested
Capital invested by funds: $26.9M → $33.8M (+$6.98M)
4.25% more ownership
Funds ownership: 26.6% → 30.85% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
+$4.34M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.42M |
| 3 |
Morgan Stanley
New York
|
+$1.1M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$909K |
| 5 |
LPL Financial
San Diego,
California
|
+$464K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$1.69M |
| 2 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$495K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$70.3K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
-$54.8K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFD
26
Creative Financial Designs
Kokomo,
Indiana
| $11.7K | +$11.6K | +425 | New |
|
|
SWM
27
Spire Wealth Management
Mclean,
Virginia
| $4.82K | +$4.79K | +175 | New |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $138 | +$137 | +5 | New |
|
29
Fidelity Investments
Boston,
Massachusetts
| $83 | -$712 | -26 | -90% |
|
|
HNB
30
Huntington National Bank
Columbus,
Ohio
| $28 | – | – | – |
|
31
Rockefeller Capital Management
New York
| – | -$8K | -300 | Closed |
|
JOET Hedge Fund Activity: Q1 2023 in Review
29 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q1 2023, worth a combined $33.8M — up 26% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOET positions and 1 closed out — a net gain of 6 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Zimmermann Investment Management & Planning, adding an estimated $4.34M. The largest seller was Ahrens Investment Partners, cutting an estimated $1.69M.
- 29 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q1 2023, up from 23 in Q4 2022.
- Funds reported $33.8M of Virtus Terranova US Quality Momentum ETF stock for Q1 2023, up 26% quarter-over-quarter.
- 7 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q1 2023 and 1 closed out, a net change of +6 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q1 2023 was Zimmermann Investment Management & Planning, an estimated $4.34M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q1 2023 was Ahrens Investment Partners, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2023.