iShares MSCI USA Momentum Factor ETF
MTUM
684 hedge funds and large institutions have $9.65B invested in iShares MSCI USA Momentum Factor ETF in 2024 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 194 increasing their positions, 258 reducing their positions, and 57 closing their positions.
104% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 57
25% more capital invested
Capital invested by funds: $7.71B → $9.65B (+$1.94B)
10% more funds holding in top 10
Funds holding in top 10: 39 → 43 (+4)
7% more funds holding
Funds holding: 640 → 684 (+44)
1.03% more ownership
Funds ownership: 92.1% → 93.12% (+1%)
25% less repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 258
95% less call options, than puts
Call options by funds: $32.3M | Put options by funds: $643M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$196M |
| 2 |
BlackRock
New York
|
+$134M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$104M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$95M |
| 5 |
AI
AdvisorShares Investments
Bethesda,
Maryland
|
+$86.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$392M |
| 2 |
Morgan Stanley
New York
|
-$230M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$52.1M |
| 4 |
SP
Symmetry Partners
Glastonbury,
Connecticut
|
-$35.6M |
| 5 |
AssetMark Inc
Concord,
California
|
-$16.6M |
MTUM Hedge Fund Activity: Q1 2024 in Review
684 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q1 2024, worth a combined $9.65B — up 25% from $7.71B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new MTUM positions and 57 closed out — a net gain of 59 holders — while 194 added to existing stakes and 258 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $196M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $392M.
- 684 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q1 2024, up from 640 in Q4 2023.
- Funds reported $9.65B of iShares MSCI USA Momentum Factor ETF stock for Q1 2024, up 25% quarter-over-quarter.
- 116 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q1 2024 and 57 closed out, a net change of +59 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $196M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $392M sold.
Based on aggregated 13F filings for Q1 2024.