iShares MSCI USA Momentum Factor ETF
MTUM
100 hedge funds and large institutions have $828M invested in iShares MSCI USA Momentum Factor ETF in 2015 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 45 increasing their positions, 11 reducing their positions, and 7 closing their positions.
400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 7
309% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 11
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
35% more funds holding
Funds holding: 74 → 100 (+26)
31% more capital invested
Capital invested by funds: $633M → $828M (+$195M)
1% less ownership
Funds ownership: 74.44% → 73.44% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$22.1M |
| 2 |
Morgan Stanley
New York
|
+$14.3M |
| 3 |
LPL Financial
San Diego,
California
|
+$13.9M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$11.9M |
| 5 |
QI
QS Investors
New York
|
+$9.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$22.2M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$11.7M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.63M |
| 4 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$3.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Citadel Advisors
Miami,
Florida
| – | -$1.27M | -18,640 | Closed |
|
|
VKH
102
Virtu KCG Holdings
New York
| – | -$344K | -5,038 | Closed |
|
|
HCMT
103
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$132K | -1,937 | Closed |
|
|
PMAM
104
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$68K | -1,000 | Closed |
|
|
RIA
105
Regal Investment Advisors
Kentwood,
Michigan
| – | -$8K | -118 | Closed |
|
106
Citigroup
New York
| – | -$6K | -82 | Closed |
|
MTUM Hedge Fund Activity: Q4 2015 in Review
100 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q4 2015, worth a combined $828M — up 31% from $633M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MTUM positions and 7 closed out — a net gain of 28 holders — while 45 added to existing stakes and 11 trimmed.
The largest buyer was US Bancorp, adding an estimated $22.1M. The largest seller was HighTower Advisors, exiting entirely with an estimated $22.2M sold.
- 100 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q4 2015, up from 74 in Q3 2015.
- Funds reported $828M of iShares MSCI USA Momentum Factor ETF stock for Q4 2015, up 31% quarter-over-quarter.
- 35 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q4 2015 and 7 closed out, a net change of +28 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q4 2015 was US Bancorp, an estimated $22.1M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q4 2015 was HighTower Advisors, an estimated $22.2M sold.
Based on aggregated 13F filings for Q4 2015.