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iShares MSCI USA Momentum Factor ETF

524 hedge funds and large institutions have $8.58B invested in iShares MSCI USA Momentum Factor ETF in 2020 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 212 increasing their positions, 181 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

37% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 43

25% more capital invested

Capital invested by funds: $6.87B → $8.58B (+$1.72B)

17% more repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 181

8% more funds holding in top 10

Funds holding in top 10: 8592 (+7)

2% more funds holding

Funds holding: 512524 (+12)

1.28% more ownership

Funds ownership: 69.18%70.46% (+1.3%)

21% less call options, than puts

Call options by funds: $3.3M | Put options by funds: $4.17M

Holders
524
Holders Change
+12
Holders Change %
+2.34%
% of All Funds
10.57%
Holding in Top 10
92
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+8.24%
% of All Funds
1.86%
New
59
Increased
212
Reduced
181
Closed
43
Calls
$3.3M
Puts
$4.17M
Net Calls
-$870K
Net Calls Change
+$6.52M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$647M +$274M +1,917,473 +78%
Bank of America
2
Bank of America
North Carolina
$480M -$8.72M -61,009 -2%
Morgan Stanley
3
Morgan Stanley
New York
$464M +$13.7M +95,973 +3%
Carson Wealth (CWM LLC)
4
Carson Wealth (CWM LLC)
Nebraska
$311M
Mercer Global Advisors
5
Mercer Global Advisors
Colorado
$291M +$7.57M +52,965 +3%
Ameriprise
6
Ameriprise
Minnesota
$233M +$28.3M +198,030 +14%
Wells Fargo
7
Wells Fargo
California
$223M +$15.6M +108,948 +8%
Osaic Holdings
8
Osaic Holdings
Arizona
$219M +$122M +852,599 +133%
Wealth Enhancement Advisory Services
9
Wealth Enhancement Advisory Services
Minnesota
$200M -$930K -6,508 -0.5%
LPL Financial
10
LPL Financial
California
$200M +$7.5M +52,501 +4%
UBS Group
11
UBS Group
Switzerland
$197M -$12.3M -86,427 -6%
BlackRock
12
BlackRock
New York
$176M +$15.8M +110,907 +10%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$168M -$9.04M -63,270 -5%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$158M +$7.14M +49,955 +5%
PPFA
15
Provida Pension Fund Administrator
Chile
$137M -$12.5M -87,600 -9%
Victory Capital Management
16
Victory Capital Management
Texas
$127M +$12.6M +87,994 +11%
HI
17
Horizon Investments
North Carolina
$114M +$66.6M +466,254 +152%
KeyBank National Association
18
KeyBank National Association
Ohio
$110M -$11.9M -83,586 -10%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$103M -$10.9M -75,942 -10%
CPO
20
Cerity Partners OCIO
New York
$101M -$3.42M -23,907 -3%
USAA
21
United Services Automobile Association
Texas
$97.8M +$18.8M +131,747 +25%
EMPI
22
Elo Mutual Pension Insurance
Finland
$97.6M -$77.9M -545,100 -45%
OFG
23
Oxford Financial Group
Indiana
$97.4M -$5.86M -41,025 -6%
SOMRS
24
State of Michigan Retirement System
Michigan
$95.1M +$92.2M +645,300 New
AssetMark Inc
25
AssetMark Inc
California
$91.5M +$6.1M +42,724 +7%

MTUM Hedge Fund Activity: Q3 2020 in Review

524 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2020, worth a combined $8.58B — up 25% from $6.87B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new MTUM positions and 43 closed out — a net gain of 16 holders — while 212 added to existing stakes and 181 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $274M. The largest seller was Elo Mutual Pension Insurance, cutting an estimated $77.9M.

  • 524 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2020, up from 512 in Q2 2020.
  • Funds reported $8.58B of iShares MSCI USA Momentum Factor ETF stock for Q3 2020, up 25% quarter-over-quarter.
  • 59 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2020 and 43 closed out, a net change of +16 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2020 was Envestnet Asset Management, an estimated $274M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2020 was Elo Mutual Pension Insurance, an estimated $77.9M sold.

Based on aggregated 13F filings for Q3 2020.