Virtus Terranova US Quality Momentum ETF
JOET
33 hedge funds and large institutions have $50.9M invested in Virtus Terranova US Quality Momentum ETF in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
14% more capital invested
Capital invested by funds: $44.6M → $50.9M (+$6.26M)
3% more funds holding
Funds holding: 32 → 33 (+1)
3.56% less ownership
Funds ownership: 38.56% → 35% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.86M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.58M |
| 3 |
Morgan Stanley
New York
|
+$1.63M |
| 4 |
AR
Apeiron RIA
Dallas,
Texas
|
+$1.31M |
| 5 |
LPL Financial
San Diego,
California
|
+$853K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$4M |
| 2 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$1.61M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$556K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$150K |
| 5 |
EAM
Empirical Asset Management
Wellesley,
Massachusetts
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWS
26
Atria Wealth Solutions
New York
| $202K | +$206K | +5,336 | New |
|
27
Comerica Bank
Dallas,
Texas
| $130K | – | – | – |
|
|
DFA
28
DHJJ Financial Advisors
Naperville,
Illinois
| $103K | +$1.86K | +48 | +2% |
|
29
Fidelity Investments
Boston,
Massachusetts
| $23.1K | -$2.86K | -74 | -11% |
|
|
CFD
30
Creative Financial Designs
Kokomo,
Indiana
| $18.5K | +$155 | +4 | +0.8% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $16.5K | – | – | – |
|
32
Group One Trading
Chicago,
Illinois
| $3.78K | +$3.87K | +100 | New |
|
|
DCM
33
Davidson Capital Management
Corpus Christi,
Texas
| $303 | – | – | – |
|
|
HNB
34
Huntington National Bank
Columbus,
Ohio
| $38 | – | – | – |
|
|
AWM
35
AE Wealth Management
Topeka,
Kansas
| $5 | – | – | – |
|
|
FEG
36
Financial Enhancement Group
Anderson,
Indiana
| – | -$4M | -149,141 | Closed |
|
|
OMC
37
Old Mission Capital
Chicago,
Illinois
| – | -$556K | -15,110 | Closed |
|
38
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$13K | -360 | Closed |
|
|
AF
39
Advisornet Financial
Minnetonka,
Minnesota
| – | -$4.16K | -113 | Closed |
|
JOET Hedge Fund Activity: Q4 2024 in Review
33 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q4 2024, worth a combined $50.9M — up 14% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOET positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $2.86M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $4M sold.
- 33 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q4 2024, up from 32 in Q3 2024.
- Funds reported $50.9M of Virtus Terranova US Quality Momentum ETF stock for Q4 2024, up 14% quarter-over-quarter.
- 7 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q4 2024 and 4 closed out, a net change of +3 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q4 2024 was Bank of America, an estimated $2.86M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q4 2024 was Financial Enhancement Group, an estimated $4M sold.
Based on aggregated 13F filings for Q4 2024.