iShares MSCI USA Momentum Factor ETF
MTUM
704 hedge funds and large institutions have $8.01B invested in iShares MSCI USA Momentum Factor ETF in 2023 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 183 increasing their positions, 347 reducing their positions, and 116 closing their positions.
10.18% more ownership
Funds ownership: 85.49% → 95.68% (+10%)
6% less call options, than puts
Call options by funds: $3.08M | Put options by funds: $3.28M
8% less funds holding
Funds holding: 764 → 704 (-60)
23% less funds holding in top 10
Funds holding in top 10: 78 → 60 (-18)
25% less capital invested
Capital invested by funds: $10.6B → $8.01B (-$2.6B)
36% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 116
47% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 347
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWG
Summit Wealth Group
White River Junction,
Vermont
|
+$1.52B |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$83.3M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$58.8M |
| 4 |
SF
Synovus Financial
Columbus,
Georgia
|
+$48.4M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$444M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$263M |
| 3 |
BlackRock
New York
|
-$111M |
| 4 |
LPL Financial
San Diego,
California
|
-$88.3M |
| 5 |
Morgan Stanley
New York
|
-$81M |
MTUM Hedge Fund Activity: Q1 2023 in Review
704 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q1 2023, worth a combined $8.01B — down 25% from $10.6B a quarter earlier.
Sellers outnumbered buyers: 116 funds closed out of MTUM and 74 opened new positions — a net loss of 42 holders — while 347 trimmed existing stakes and 183 added.
The largest buyer was Summit Wealth Group, adding an estimated $1.52B. The largest seller was Envestnet Asset Management, cutting an estimated $444M.
- 704 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q1 2023, down from 764 in Q4 2022.
- Funds reported $8.01B of iShares MSCI USA Momentum Factor ETF stock for Q1 2023, down 25% quarter-over-quarter.
- 74 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q1 2023 and 116 closed out, a net change of -42 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q1 2023 was Summit Wealth Group, an estimated $1.52B added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q1 2023 was Envestnet Asset Management, an estimated $444M sold.
Based on aggregated 13F filings for Q1 2023.