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iShares MSCI USA Momentum Factor ETF

620 hedge funds and large institutions have $7.17B invested in iShares MSCI USA Momentum Factor ETF in 2023 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 140 increasing their positions, 309 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.59% more ownership

Funds ownership: 83.74%87.33% (+3.6%)

4% less funds holding

Funds holding: 647620 (-27)

4% less funds holding in top 10

Funds holding in top 10: 4543 (-2)

6% less capital invested

Capital invested by funds: $7.66B → $7.17B (-$485M)

25% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 71

31% less call options, than puts

Call options by funds: $3.93M | Put options by funds: $5.68M

55% less repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 309

Holders
620
Holders Change
-27
Holders Change %
-4.17%
% of All Funds
9.84%
Holding in Top 10
43
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.44%
% of All Funds
0.68%
New
53
Increased
140
Reduced
309
Closed
71
Calls
$3.93M
Puts
$5.68M
Net Calls
-$1.75M
Net Calls Change
-$3.51M
Name Holding Trade Value Shares
Change
Change in
Stake
KeyBank National Association
26
KeyBank National Association
Ohio
$52.1M -$12.7M -88,141 -19%
Osaic Holdings
27
Osaic Holdings
Arizona
$50M +$12M +82,928 +30%
AC
28
Apella Capital
Connecticut
$49.7M +$914K +6,332 +2%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$49.2M -$1.37M -9,518 -3%
RJFSA
30
Raymond James Financial Services Advisors
Florida
$48.7M -$4.95M -34,282 -9%
TC
31
Trilogy Capital
California
$39.7M +$1.07M +7,385 +3%
1WM
32
1900 Wealth Management
Texas
$35.3M -$15M -103,568 -29%
IWC
33
Integrated Wealth Concepts
Massachusetts
$35.2M -$9.93M -68,760 -21%
JP Morgan Chase
34
JP Morgan Chase
New York
$34.6M +$1.22M +8,467 +4%
ACM
35
Armbruster Capital Management
New York
$30.3M +$804K +5,572 +3%
AAS
36
Ameritas Advisory Services
Nebraska
$29.6M +$26.9M +186,364 +743%
HPA
37
High Probability Advisors
New York
$27.9M +$970K +6,722 +3%
Bank of Montreal
38
Bank of Montreal
Ontario, Canada
$27.9M -$4.23M -29,288 -13%
Janney Montgomery Scott
39
Janney Montgomery Scott
Pennsylvania
$27.7M -$558K -3,868 -2%
Northwestern Mutual Wealth Management
40
Northwestern Mutual Wealth Management
Wisconsin
$27.1M +$328K +2,271 +1%
I
41
INVST
Indiana
$24.2M +$25M +173,320 New
KCM
42
Kathmere Capital Management
Pennsylvania
$24.2M +$915K +6,339 +4%
OIA
43
OneDigital Investment Advisors
Kansas
$24.1M +$3.84M +26,573 +18%
IWS
44
Insight Wealth Strategies
California
$21.3M -$569K -3,944 -3%
Cambridge Investment Research Advisors
45
Cambridge Investment Research Advisors
Iowa
$19.2M -$1.23M -8,547 -6%
SCM
46
Stonehearth Capital Management
Massachusetts
$19.1M +$234K +1,618 +1%
WDL
47
Well Done LLC
Michigan
$19M -$1.48M -10,286 -7%
OFG
48
Oxford Financial Group
Indiana
$18.9M -$60.9M -421,988 -76%
CCA
49
Cobblestone Capital Advisors
New York
$18.5M -$279K -1,933 -1%
WMS
50
Wealth Management Solutions
Pennsylvania
$18M -$411K -2,846 -2%

MTUM Hedge Fund Activity: Q3 2023 in Review

620 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2023, worth a combined $7.17B — down 6.3% from $7.66B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of MTUM and 53 opened new positions — a net loss of 18 holders — while 309 trimmed existing stakes and 140 added.

The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $132M. The largest seller was Bank of America, cutting an estimated $77.5M.

  • 620 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2023, down from 647 in Q2 2023.
  • Funds reported $7.17B of iShares MSCI USA Momentum Factor ETF stock for Q3 2023, down 6.3% quarter-over-quarter.
  • 53 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2023 and 71 closed out, a net change of -18 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $132M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2023 was Bank of America, an estimated $77.5M sold.

Based on aggregated 13F filings for Q3 2023.