iShares MSCI USA Momentum Factor ETF
MTUM
27 hedge funds and large institutions have $251M invested in iShares MSCI USA Momentum Factor ETF in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more funds holding
Funds holding: 22 → 27 (+5)
22% more capital invested
Capital invested by funds: $205M → $251M (+$45.5M)
1.39% less ownership
Funds ownership: 84.95% → 83.56% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$7.89M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.37M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.33M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$4.97M |
| 5 |
SIM
Sigma Investment Management
Portland,
Oregon
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$930K |
| 3 |
LPL Financial
San Diego,
California
|
-$546K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$254K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$74.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $22K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $16K | +$2.56K | +42 | +19% |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$930K | -15,410 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$254K | -4,207 | Closed |
|
MTUM Hedge Fund Activity: Q2 2014 in Review
27 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q2 2014, worth a combined $251M — up 22% from $205M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MTUM positions and 2 closed out — a net gain of 5 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was Lockheed Martin Investment Management, opening a new position worth an estimated $7.89M. The largest seller was Morgan Stanley, cutting an estimated $1.04M.
- 27 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q2 2014, up from 22 in Q1 2014.
- Funds reported $251M of iShares MSCI USA Momentum Factor ETF stock for Q2 2014, up 22% quarter-over-quarter.
- 7 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q2 2014 and 2 closed out, a net change of +5 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q2 2014 was Lockheed Martin Investment Management, an estimated $7.89M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q2 2014 was Morgan Stanley, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2014.