iShares MSCI USA Momentum Factor ETF
MTUM
35 hedge funds and large institutions have $373M invested in iShares MSCI USA Momentum Factor ETF in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
27% more capital invested
Capital invested by funds: $295M → $373M (+$78.3M)
17% more funds holding
Funds holding: 30 → 35 (+5)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.44% less ownership
Funds ownership: 80.42% → 78.97% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$39.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$6.5M |
| 3 |
Morgan Stanley
New York
|
+$6.17M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.51M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$6.78M |
| 2 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
-$6.28M |
| 3 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$4.05M |
| 4 |
SG Americas Securities
New York
|
-$1.05M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$469K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $467K | +$456K | +6,864 | New |
|
27
LPL Financial
San Diego,
California
| $427K | -$385K | -5,803 | -48% |
|
|
RIA
28
Regal Investment Advisors
Kentwood,
Michigan
| $236K | +$230K | +3,468 | New |
|
|
CIM
29
Cambria Investment Management
Manhattan Beach,
California
| $199K | +$194K | +2,924 | New |
|
|
AIG
30
American International Group
New York
| $111K | -$33.2K | -500 | -23% |
|
31
US Bancorp
Minneapolis,
Minnesota
| $88K | – | – | – |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $57K | +$56.4K | +850 | New |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $18K | – | – | – |
|
34
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
35
SG Americas Securities
New York
| – | -$1.05M | -16,200 | Closed |
|
|
36
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$469K | -7,234 | Closed |
|
|
PVH
37
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$39K | -600 | Closed |
|
38
Parallax Volatility Advisers
San Francisco,
California
| – | +$66 | +1 | New |
|
MTUM Hedge Fund Activity: Q4 2014 in Review
35 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q4 2014, worth a combined $373M — up 27% from $295M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MTUM positions and 3 closed out — a net gain of 6 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was United Services Automobile Association, adding an estimated $39.7M. The largest seller was Carroll Financial Associates, cutting an estimated $6.78M.
- 35 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q4 2014, up from 30 in Q3 2014.
- Funds reported $373M of iShares MSCI USA Momentum Factor ETF stock for Q4 2014, up 27% quarter-over-quarter.
- 9 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q4 2014 and 3 closed out, a net change of +6 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q4 2014 was United Services Automobile Association, an estimated $39.7M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q4 2014 was Carroll Financial Associates, an estimated $6.78M sold.
Based on aggregated 13F filings for Q4 2014.