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iShares MSCI USA Momentum Factor ETF

471 hedge funds and large institutions have $7B invested in iShares MSCI USA Momentum Factor ETF in 2019 Q3 according to their latest regulatory filings, with 68 funds opening new positions, 200 increasing their positions, 158 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 32

27% more repeat investments, than reductions

Existing positions increased: 200 | Existing positions reduced: 158

18% more call options, than puts

Call options by funds: $2.3M | Put options by funds: $1.95M

12% more funds holding in top 10

Funds holding in top 10: 6067 (+7)

8% more funds holding

Funds holding: 438471 (+33)

5% more capital invested

Capital invested by funds: $6.67B → $7B (+$337M)

0.51% more ownership

Funds ownership: 67.41%67.92% (+0.51%)

Holders
471
Holders Change
+33
Holders Change %
+7.53%
% of All Funds
10.33%
Holding in Top 10
67
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+11.67%
% of All Funds
1.47%
New
68
Increased
200
Reduced
158
Closed
32
Calls
$2.3M
Puts
$1.95M
Net Calls
+$358K
Net Calls Change
+$11.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$515M -$119M -990,636 -19%
Morgan Stanley
2
Morgan Stanley
New York
$391M +$101M +836,110 +34%
Bank of America
3
Bank of America
North Carolina
$358M +$52.4M +434,417 +17%
Carson Wealth (CWM LLC)
4
Carson Wealth (CWM LLC)
Nebraska
$311M
BlackRock
5
BlackRock
New York
$280M +$56.2M +466,608 +25%
UBS Group
6
UBS Group
Switzerland
$276M +$35.1M +291,600 +14%
Ameriprise
7
Ameriprise
Minnesota
$275M +$36.3M +301,532 +15%
Wells Fargo
8
Wells Fargo
California
$201M +$23.9M +198,331 +13%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$198M -$11.4M -94,963 -5%
KeyBank National Association
10
KeyBank National Association
Ohio
$175M -$1.29M -10,686 -0.7%
LPL Financial
11
LPL Financial
California
$175M +$14.6M +121,193 +9%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$162M +$40.8M +338,308 +33%
EMPI
13
Elo Mutual Pension Insurance
Finland
$162M
Wealth Enhancement Advisory Services
14
Wealth Enhancement Advisory Services
Minnesota
$133M +$12.3M +101,722 +10%
Mercer Global Advisors
15
Mercer Global Advisors
Colorado
$128M +$26.2M +217,206 +25%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$99.6M -$2.17M -18,021 -2%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$86.5M +$11.6M +95,971 +15%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$83M +$7.62M +63,249 +10%
CPO
19
Cerity Partners OCIO
New York
$80.6M +$2.31M +19,174 +3%
OFG
20
Oxford Financial Group
Indiana
$76.9M +$910K +7,549 +1%
BDF
21
Balasa Dinverno & Foltz
$74.4M -$3.71M -30,750 -5%
Victory Capital Management
22
Victory Capital Management
Texas
$72.9M +$16.6M +137,812 +29%
RJA
23
Raymond James & Associates
Florida
$69.5M +$7.33M +60,853 +12%
MML Investors Services
24
MML Investors Services
Massachusetts
$65.6M +$3.43M +28,485 +5%
AG
25
Advisor Group
Arizona
$65.5M -$45M -373,030 -40%

MTUM Hedge Fund Activity: Q3 2019 in Review

471 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2019, worth a combined $7B — up 5.1% from $6.67B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new MTUM positions and 32 closed out — a net gain of 36 holders — while 200 added to existing stakes and 158 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $101M. The largest seller was Envestnet Asset Management, cutting an estimated $119M.

  • 471 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2019, up from 438 in Q2 2019.
  • Funds reported $7B of iShares MSCI USA Momentum Factor ETF stock for Q3 2019, up 5.1% quarter-over-quarter.
  • 68 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2019 and 32 closed out, a net change of +36 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2019 was Morgan Stanley, an estimated $101M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2019 was Envestnet Asset Management, an estimated $119M sold.

Based on aggregated 13F filings for Q3 2019.