iShares MSCI USA Momentum Factor ETF
MTUM
405 hedge funds and large institutions have $5.23B invested in iShares MSCI USA Momentum Factor ETF in 2018 Q4 according to their latest regulatory filings, with 104 funds opening new positions, 122 increasing their positions, 145 reducing their positions, and 64 closing their positions.
63% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 64
9% more funds holding
Funds holding: 373 → 405 (+32)
2.52% more ownership
Funds ownership: 62.21% → 64.73% (+2.5%)
8% less funds holding in top 10
Funds holding in top 10: 62 → 57 (-5)
16% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 145
26% less capital invested
Capital invested by funds: $7.06B → $5.23B (-$1.83B)
34% less call options, than puts
Call options by funds: $4.51M | Put options by funds: $6.85M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$150M |
| 2 |
Bank of New York Mellon
New York
|
+$99.1M |
| 3 |
BlackRock
New York
|
+$91.2M |
| 4 |
Goldman Sachs
New York
|
+$58.4M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$37.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$150M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$88.9M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$87.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$76.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$74.3M |
MTUM Hedge Fund Activity: Q4 2018 in Review
405 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q4 2018, worth a combined $5.23B — down 26% from $7.06B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new MTUM positions and 64 closed out — a net gain of 40 holders — while 122 added to existing stakes and 145 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $150M. The largest seller was Horizon Investments, exiting entirely with an estimated $150M sold.
- 405 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q4 2018, up from 373 in Q3 2018.
- Funds reported $5.23B of iShares MSCI USA Momentum Factor ETF stock for Q4 2018, down 26% quarter-over-quarter.
- 104 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q4 2018 and 64 closed out, a net change of +40 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q4 2018 was Envestnet Asset Management, an estimated $150M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q4 2018 was Horizon Investments, an estimated $150M sold.
Based on aggregated 13F filings for Q4 2018.