Virtus Terranova US Quality Momentum ETF
JOET
25 hedge funds and large institutions have $20.5M invested in Virtus Terranova US Quality Momentum ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 24 → 25 (+1)
1.16% less ownership
Funds ownership: 25.38% → 24.22% (-1.2%)
11% less capital invested
Capital invested by funds: $23M → $20.5M (-$2.53M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.58M |
| 2 |
Goldman Sachs
New York
|
+$656K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$476K |
| 4 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$348K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$61.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.14M |
| 2 |
MIA
Milestone Investment Advisors
Middleton,
Wisconsin
|
-$2.04M |
| 3 |
Jane Street
New York
|
-$1.17M |
| 4 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
-$1.12M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$366K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $31 | – | – | – |
|
|
27
Jane Street
New York
| – | -$1.17M | -42,129 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$1.53K | -55 | Closed |
|
JOET Hedge Fund Activity: Q4 2023 in Review
25 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q4 2023, worth a combined $20.5M — down 11% from $23M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new JOET positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.58M. The largest seller was Wells Fargo, cutting an estimated $2.14M.
- 25 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q4 2023, up from 24 in Q3 2023.
- Funds reported $20.5M of Virtus Terranova US Quality Momentum ETF stock for Q4 2023, down 11% quarter-over-quarter.
- 3 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q4 2023 and 2 closed out, a net change of +1 holder.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q4 2023 was Morgan Stanley, an estimated $1.58M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q4 2023 was Wells Fargo, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2023.