iShares MSCI USA Momentum Factor ETF
MTUM
11 hedge funds and large institutions have $147M invested in iShares MSCI USA Momentum Factor ETF in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more capital invested
Capital invested by funds: $106M → $147M (+$41.4M)
38% more funds holding
Funds holding: 8 → 11 (+3)
32.02% more ownership
Funds ownership: 104.83% → 136.85% (+32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.66M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.2M |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$1.06M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.17M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$22K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASRS
1
Arizona State Retirement System
Phoenix,
Arizona
| $108M | – | – | – |
|
|
3AM
2
3D Asset Management
Hartford,
Connecticut
| $22.4M | +$22M | +408,785 | +5,328% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $5.68M | +$5.66M | +105,464 | New |
|
|
4
Envestnet Asset Management
Chicago,
Illinois
| $4.22M | +$4.2M | +78,256 | New |
|
|
CFA
5
Carroll Financial Associates
Charlotte,
North Carolina
| $2.75M | +$1.06M | +19,700 | +63% |
|
|
CAN
6
Cetera Advisor Networks
El Segundo,
California
| $2.31M | +$489K | +9,100 | +27% |
|
|
VKH
7
Virtu KCG Holdings
New York
| $1.66M | +$1.65M | +30,761 | New |
|
|
BCI
8
Brinker Capital Investments
Berwyn,
Pennsylvania
| $431K | +$430K | +8,000 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $117K | +$116K | +2,165 | New |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $85K | +$72K | +1,341 | +559% |
|
|
AIG
11
American International Group
New York
| $17.8K | – | – | – |
|
|
TH
12
Timber Hill
Greenwich,
Connecticut
| – | -$1.17M | -22,779 | Closed |
|
|
U
13
UBS
Zurich,
Switzerland
| – | -$22K | -428 | Closed |
|
MTUM Hedge Fund Activity: Q3 2013 in Review
11 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2013, worth a combined $147M — up 39% from $106M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MTUM positions and 2 closed out — a net gain of 3 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was 3D Asset Management, adding an estimated $22M. The largest seller was Timber Hill, exiting entirely with an estimated $1.17M sold.
- 11 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2013, up from 8 in Q2 2013.
- Funds reported $147M of iShares MSCI USA Momentum Factor ETF stock for Q3 2013, up 39% quarter-over-quarter.
- 5 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2013 was 3D Asset Management, an estimated $22M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2013 was Timber Hill, an estimated $1.17M sold.
Based on aggregated 13F filings for Q3 2013.