iShares US Equity Factor ETF
LRGF
104 hedge funds and large institutions have $814M invested in iShares US Equity Factor ETF in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 45 increasing their positions, 19 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
137% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 19
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
22% more funds holding
Funds holding: 85 → 104 (+19)
13% more capital invested
Capital invested by funds: $721M → $814M (+$92.5M)
2.27% less ownership
Funds ownership: 68.49% → 66.22% (-2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BDF
Balasa Dinverno & Foltz
|
+$72.7M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$28.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13.7M |
| 4 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$54.7M |
| 2 |
SLF
Sun Life Financial
Toronto,
Ontario, Canada
|
-$47.5M |
| 3 |
BlackRock
New York
|
-$22M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$6.16M |
| 5 |
Morgan Stanley
New York
|
-$5.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
101
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $7K | – | – | – |
|
|
PA
102
Parallel Advisors
San Francisco,
California
| $4K | – | – | – |
|
|
SPIA
103
Steward Partners Investment Advisory
New York
| $3K | – | – | – |
|
|
SWM
104
SeaCrest Wealth Management
Purchase,
New York
| $2K | – | – | – |
|
|
CWM
105
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$6.16M | -197,384 | Closed |
|
|
BCA
106
Berman Capital Advisors
Atlanta,
Georgia
| – | -$2.72M | -85,118 | Closed |
|
107
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$1.83M | -56,506 | Closed |
|
|
WPSG
108
Wealth & Pension Services Group
Atlanta,
Georgia
| – | -$1.66M | -51,855 | Closed |
|
109
Citadel Advisors
Miami,
Florida
| – | -$411K | -12,855 | Closed |
|
|
FF
110
Fluent Financial
Dallas,
Texas
| – | -$276K | -8,635 | Closed |
|
111
SG Americas Securities
New York
| – | -$268K | -8,378 | Closed |
|
|
BCA
112
Bay Colony Advisors
Concord,
Massachusetts
| – | -$13K | -400 | Closed |
|
LRGF Hedge Fund Activity: Q3 2018 in Review
104 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in iShares US Equity Factor ETF (LRGF) for Q3 2018, worth a combined $814M — up 13% from $721M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new LRGF positions and 8 closed out — a net gain of 20 holders — while 45 added to existing stakes and 19 trimmed.
The largest buyer was Balasa Dinverno & Foltz, opening a new position worth an estimated $72.7M. The largest seller was Citigroup, cutting an estimated $54.7M.
- 104 institutional investors held iShares US Equity Factor ETF (LRGF) as of Q3 2018, up from 85 in Q2 2018.
- Funds reported $814M of iShares US Equity Factor ETF stock for Q3 2018, up 13% quarter-over-quarter.
- 28 funds opened new iShares US Equity Factor ETF positions in Q3 2018 and 8 closed out, a net change of +20 holders.
- The largest iShares US Equity Factor ETF buyer in Q3 2018 was Balasa Dinverno & Foltz, an estimated $72.7M added.
- The largest iShares US Equity Factor ETF seller in Q3 2018 was Citigroup, an estimated $54.7M sold.
Based on aggregated 13F filings for Q3 2018.