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iShares MSCI USA Momentum Factor ETF

74 hedge funds and large institutions have $633M invested in iShares MSCI USA Momentum Factor ETF in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 32 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,200% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 2

191% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 11

87% more capital invested

Capital invested by funds: $338M → $633M (+$295M)

45% more funds holding

Funds holding: 5174 (+23)

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

22.16% more ownership

Funds ownership: 52.29%74.44% (+22%)

Holders
74
Holders Change
+23
Holders Change %
+45.1%
% of All Funds
2.07%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.22%
New
26
Increased
32
Reduced
11
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
1
Arizona State Retirement System
Arizona
$138M +$144M +2,016,000 New
USAA
2
United Services Automobile Association
Texas
$95.4M +$18.1M +253,600 +22%
Bank of America
3
Bank of America
North Carolina
$52.6M +$29.5M +412,013 +115%
BDF
4
Balasa Dinverno & Foltz
$34.3M +$714K +9,975 +2%
Morgan Stanley
5
Morgan Stanley
New York
$26.7M +$5.23M +73,132 +23%
Allianz Asset Management
6
Allianz Asset Management
Germany
$22.3M +$9.93M +138,710 +74%
HighTower Advisors
7
HighTower Advisors
Illinois
$22.2M +$23.3M +325,276 New
HA
8
Harfst & Associates
Wyoming
$21.8M +$18.6M +259,611 +429%
Ameriprise
9
Ameriprise
Minnesota
$21.5M +$979K +13,684 +5%
3AM
10
3D Asset Management
Connecticut
$21M +$33.7K +471 +0.2%
QI
11
QS Investors
New York
$20.6M +$20.8M +291,252 +2,828%
RJA
12
Raymond James & Associates
Florida
$13.8M +$4.13M +57,760 +40%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$11.5M +$3.43M +47,885 +39%
CPO
14
Cerity Partners OCIO
New York
$11.4M +$255K +3,565 +2%
BIT
15
BlackRock Institutional Trust
California
$10.5M +$11M +153,718 New
CCA
16
Cobblestone Capital Advisors
New York
$10.4M +$10.9M +152,667 New
Wealth Enhancement Advisory Services
17
Wealth Enhancement Advisory Services
Minnesota
$9.12M +$2.06M +28,825 +29%
SAM
18
Stringer Asset Management
Tennessee
$8.51M +$2.78M +38,900 +45%
UBS Group
19
UBS Group
Switzerland
$7.68M +$6.84M +95,553 +561%
BCI
20
Brinker Capital Investments
Pennsylvania
$7.16M -$644K -9,000 -8%
LMIM
21
Lockheed Martin Investment Management
Maryland
$6.39M
SIM
22
Sigma Investment Management
Oregon
$5.43M -$20.2K -282 -0.4%
US Bancorp
23
US Bancorp
Minnesota
$3.88M +$1.52M +21,258 +60%
CFA
24
Carroll Financial Associates
North Carolina
$3.7M -$133K -1,860 -3%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$3.55M +$3.73M +52,100 New

MTUM Hedge Fund Activity: Q3 2015 in Review

74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2015, worth a combined $633M — up 87% from $338M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MTUM positions and 2 closed out — a net gain of 24 holders — while 32 added to existing stakes and 11 trimmed.

The largest buyer was Bank of America, adding an estimated $29.5M. The largest seller was Cetera Advisor Networks, cutting an estimated $4.73M.

  • 74 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2015, up from 51 in Q2 2015.
  • Funds reported $633M of iShares MSCI USA Momentum Factor ETF stock for Q3 2015, up 87% quarter-over-quarter.
  • 26 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2015 and 2 closed out, a net change of +24 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2015 was Bank of America, an estimated $29.5M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2015 was Cetera Advisor Networks, an estimated $4.73M sold.

Based on aggregated 13F filings for Q3 2015.