iShares MSCI USA Momentum Factor ETF
MTUM
981 hedge funds and large institutions have $16.8B invested in iShares MSCI USA Momentum Factor ETF in 2025 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 404 increasing their positions, 317 reducing their positions, and 62 closing their positions.
71% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 62
27% more repeat investments, than reductions
Existing positions increased: 404 | Existing positions reduced: 317
3% more funds holding
Funds holding: 955 → 981 (+26)
1% less capital invested
Capital invested by funds: $16.9B → $16.8B (-$103M)
6% less funds holding in top 10
Funds holding in top 10: 52 → 49 (-3)
8.97% less ownership
Funds ownership: 95.44% → 86.47% (-9%)
73% less call options, than puts
Call options by funds: $122M | Put options by funds: $456M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$220M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$203M |
| 3 |
Morgan Stanley
New York
|
+$181M |
| 4 |
LPL Financial
San Diego,
California
|
+$82.6M |
| 5 |
Goldman Sachs
New York
|
+$82.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.58B |
| 2 |
AssetMark Inc
Concord,
California
|
-$95.6M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$70.2M |
| 4 |
Two Sigma Investments
New York
|
-$54.8M |
| 5 |
Citigroup
New York
|
-$38.4M |
MTUM Hedge Fund Activity: Q3 2025 in Review
981 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2025, worth a combined $16.8B — down 0.61% from $16.9B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new MTUM positions and 62 closed out — a net gain of 44 holders — while 404 added to existing stakes and 317 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $220M. The largest seller was Envestnet Asset Management, cutting an estimated $1.58B.
- 981 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2025, up from 955 in Q2 2025.
- Funds reported $16.8B of iShares MSCI USA Momentum Factor ETF stock for Q3 2025, down 0.61% quarter-over-quarter.
- 106 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2025 and 62 closed out, a net change of +44 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2025 was Focus Partners Wealth, an estimated $220M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $1.58B sold.
Based on aggregated 13F filings for Q3 2025.