iShares MSCI USA Momentum Factor ETF
MTUM
44 hedge funds and large institutions have $290M invested in iShares MSCI USA Momentum Factor ETF in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
26% more funds holding
Funds holding: 35 → 44 (+9)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
22% less capital invested
Capital invested by funds: $371M → $290M (-$80.5M)
30.35% less ownership
Funds ownership: 78.97% → 48.63% (-30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$11.9M |
| 2 |
Morgan Stanley
New York
|
+$7.12M |
| 3 |
CPO
Cerity Partners OCIO
New York
|
+$6.64M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$5.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.66M |
| 3 |
Jane Street
New York
|
-$1.65M |
| 4 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$954K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$626K |
MTUM Hedge Fund Activity: Q1 2015 in Review
44 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q1 2015, worth a combined $290M — down 22% from $371M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MTUM positions and 2 closed out — a net gain of 10 holders — while 18 added to existing stakes and 9 trimmed.
The largest buyer was United Services Automobile Association, adding an estimated $11.9M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.9M sold.
- 44 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q1 2015, up from 35 in Q4 2014.
- Funds reported $290M of iShares MSCI USA Momentum Factor ETF stock for Q1 2015, down 22% quarter-over-quarter.
- 12 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q1 2015 and 2 closed out, a net change of +10 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q1 2015 was United Services Automobile Association, an estimated $11.9M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q1 2015 was Citadel Advisors, an estimated $2.9M sold.
Based on aggregated 13F filings for Q1 2015.