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iShares MSCI USA Momentum Factor ETF

438 hedge funds and large institutions have $6.67B invested in iShares MSCI USA Momentum Factor ETF in 2019 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 181 increasing their positions, 144 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

126% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 31

26% more repeat investments, than reductions

Existing positions increased: 181 | Existing positions reduced: 144

21% more capital invested

Capital invested by funds: $5.51B → $6.67B (+$1.16B)

8% more funds holding

Funds holding: 405438 (+33)

7% more funds holding in top 10

Funds holding in top 10: 5660 (+4)

4.35% more ownership

Funds ownership: 63.06%67.41% (+4.4%)

88% less call options, than puts

Call options by funds: $1.57M | Put options by funds: $12.7M

Holders
438
Holders Change
+33
Holders Change %
+8.15%
% of All Funds
9.51%
Holding in Top 10
60
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+7.14%
% of All Funds
1.3%
New
70
Increased
181
Reduced
144
Closed
31
Calls
$1.57M
Puts
$12.7M
Net Calls
-$11.1M
Net Calls Change
-$9.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$630M +$235M +2,056,969 +63%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$311M
Bank of America
3
Bank of America
North Carolina
$305M +$6.81M +59,509 +2%
Morgan Stanley
4
Morgan Stanley
New York
$289M +$376K +3,284 +0.1%
UBS Group
5
UBS Group
Switzerland
$240M -$18.8M -164,071 -7%
Ameriprise
6
Ameriprise
Minnesota
$237M +$28.2M +246,173 +14%
BlackRock
7
BlackRock
New York
$223M +$3.9M +34,057 +2%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$208M -$41.2M -359,517 -17%
Wells Fargo
9
Wells Fargo
California
$176M +$3.91M +34,138 +2%
KeyBank National Association
10
KeyBank National Association
Ohio
$175M -$2.32M -20,233 -1%
EMPI
11
Elo Mutual Pension Insurance
Finland
$161M -$6.3M -55,000 -4%
LPL Financial
12
LPL Financial
California
$159M -$632K -5,517 -0.4%
Wealth Enhancement Advisory Services
13
Wealth Enhancement Advisory Services
Minnesota
$125M +$23.4M +204,331 +25%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$121M +$64.8M +565,696 +125%
AG
15
Advisor Group
Arizona
$109M +$53.2M +464,752 +102%
PI
16
PFS Investments
Georgia
$105M +$52.6M +459,794 +113%
Mercer Global Advisors
17
Mercer Global Advisors
Colorado
$101M +$44.2M +386,308 +82%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$101M -$7.24M -63,233 -7%
USAA
19
United Services Automobile Association
Texas
$78.2M
CPO
20
Cerity Partners OCIO
New York
$77.9M +$4.54M +39,671 +6%
BDF
21
Balasa Dinverno & Foltz
$77.6M +$651K +5,683 +0.9%
OFG
22
Oxford Financial Group
Indiana
$75.5M +$6.74M +58,860 +10%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$75M -$4.16M -36,346 -5%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$74.6M +$18.1M +158,037 +34%
HI
25
Horizon Investments
North Carolina
$72.7M +$70.2M +613,140 New

MTUM Hedge Fund Activity: Q2 2019 in Review

438 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q2 2019, worth a combined $6.67B — up 21% from $5.51B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new MTUM positions and 31 closed out — a net gain of 39 holders — while 181 added to existing stakes and 144 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $235M. The largest seller was PNC Financial Services Group, cutting an estimated $41.2M.

  • 438 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q2 2019, up from 405 in Q1 2019.
  • Funds reported $6.67B of iShares MSCI USA Momentum Factor ETF stock for Q2 2019, up 21% quarter-over-quarter.
  • 70 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q2 2019 and 31 closed out, a net change of +39 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q2 2019 was Envestnet Asset Management, an estimated $235M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q2 2019 was PNC Financial Services Group, an estimated $41.2M sold.

Based on aggregated 13F filings for Q2 2019.