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iShares MSCI USA Momentum Factor ETF

105 hedge funds and large institutions have $938M invested in iShares MSCI USA Momentum Factor ETF in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 28 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 28

43% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 14

27% more funds holding in top 10

Funds holding in top 10: 1114 (+3)

13% more capital invested

Capital invested by funds: $828M → $938M (+$110M)

6.66% more ownership

Funds ownership: 73.44%80.11% (+6.7%)

5% more funds holding

Funds holding: 100105 (+5)

Holders
105
Holders Change
+5
Holders Change %
+5%
% of All Funds
2.8%
Holding in Top 10
14
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+27.27%
% of All Funds
0.37%
New
20
Increased
51
Reduced
28
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
1
Arizona State Retirement System
Arizona
$119M -$27M -386,578 -19%
USAA
2
United Services Automobile Association
Texas
$73.7M -$16M -229,490 -19%
Bank of America
3
Bank of America
North Carolina
$55.5M -$5.56M -79,591 -9%
Ameriprise
4
Ameriprise
Minnesota
$43.3M +$17.5M +250,409 +75%
BDF
5
Balasa Dinverno & Foltz
$41.5M +$3.77M +53,937 +10%
Stifel Financial
6
Stifel Financial
Missouri
$39.3M +$35M +500,710 +1,363%
UBS Group
7
UBS Group
Switzerland
$38.4M +$21.6M +308,724 +143%
WDL
8
Well Done LLC
Michigan
$34.5M +$31.6M +453,263 +2,463%
Morgan Stanley
9
Morgan Stanley
New York
$33.5M -$9.01M -129,075 -22%
FIG
10
FundX Investment Group
California
$28.4M +$27.1M +388,588 New
HA
11
Harfst & Associates
Wyoming
$25.7M +$994K +14,232 +4%
ACM
12
Armbruster Capital Management
New York
$25.4M +$7.74M +110,784 +47%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$25.1M +$5.52M +79,106 +30%
Allianz Asset Management
14
Allianz Asset Management
Germany
$24.7M -$1.03M -14,737 -4%
3AM
15
3D Asset Management
Connecticut
$23.1M +$501K +7,176 +2%
LPL Financial
16
LPL Financial
California
$21.6M +$4M +57,221 +24%
CPO
17
Cerity Partners OCIO
New York
$16M +$2.84M +40,704 +23%
Wealth Enhancement Advisory Services
18
Wealth Enhancement Advisory Services
Minnesota
$15.6M +$4.22M +60,474 +40%
BA
19
BlackRock Advisors
Delaware
$15.3M +$14.6M +209,227 +31,992%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$14.8M +$9.08M +130,018 +180%
RJA
21
Raymond James & Associates
Florida
$14.7M -$1.05M -15,050 -7%
CCP
22
Cardan Capital Partners
Colorado
$14.3M +$3.99M +57,143 +41%
BIT
23
BlackRock Institutional Trust
California
$11.2M -$67.7K -970 -0.6%
Jane Street
24
Jane Street
New York
$10.8M -$586K -8,387 -5%
SIM
25
Sigma Investment Management
Oregon
$10.7M +$878K +12,568 +9%

MTUM Hedge Fund Activity: Q1 2016 in Review

105 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q1 2016, worth a combined $938M — up 13% from $828M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new MTUM positions and 14 closed out — a net gain of 6 holders — while 51 added to existing stakes and 28 trimmed.

The largest buyer was Stifel Financial, adding an estimated $35M. The largest seller was QS Investors, cutting an estimated $29.5M.

  • 105 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q1 2016, up from 100 in Q4 2015.
  • Funds reported $938M of iShares MSCI USA Momentum Factor ETF stock for Q1 2016, up 13% quarter-over-quarter.
  • 20 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q1 2016 and 14 closed out, a net change of +6 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q1 2016 was Stifel Financial, an estimated $35M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q1 2016 was QS Investors, an estimated $29.5M sold.

Based on aggregated 13F filings for Q1 2016.