iShares MSCI USA Momentum Factor ETF
MTUM
405 hedge funds and large institutions have $5.25B invested in iShares MSCI USA Momentum Factor ETF in 2018 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 122 increasing their positions, 144 reducing their positions, and 64 closing their positions.
64% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 64
9% more funds holding
Funds holding: 372 → 405 (+33)
3.49% more ownership
Funds ownership: 61.35% → 64.84% (+3.5%)
6% less funds holding in top 10
Funds holding in top 10: 62 → 58 (-4)
15% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 144
26% less capital invested
Capital invested by funds: $7.06B → $5.25B (-$1.81B)
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 |
Allianz Asset Management
Munich,
Germany
|
-$76.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$74.3M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$67.5M |
MTUM Hedge Fund Activity: Q4 2018 in Review
405 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q4 2018, worth a combined $5.25B — down 26% from $7.06B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new MTUM positions and 64 closed out — a net gain of 41 holders — while 122 added to existing stakes and 144 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 372 in Q3 2018.
- Funds reported $5.25B of iShares MSCI USA Momentum Factor ETF stock for Q4 2018, down 26% quarter-over-quarter.
- 105 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q4 2018 and 64 closed out, a net change of +41 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.