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iShares MSCI USA Momentum Factor ETF

647 hedge funds and large institutions have $7.66B invested in iShares MSCI USA Momentum Factor ETF in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 142 increasing their positions, 349 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more call options, than puts

Call options by funds: $4.49M | Put options by funds: $2.73M

4% less capital invested

Capital invested by funds: $8.01B → $7.66B (-$352M)

8% less funds holding

Funds holding: 704647 (-57)

11.93% less ownership

Funds ownership: 95.68%83.74% (-12%)

25% less funds holding in top 10

Funds holding in top 10: 6045 (-15)

50% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 109

59% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 349

Holders
647
Holders Change
-57
Holders Change %
-8.1%
% of All Funds
10.16%
Holding in Top 10
45
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-25%
% of All Funds
0.71%
New
55
Increased
142
Reduced
349
Closed
109
Calls
$4.49M
Puts
$2.73M
Net Calls
+$1.76M
Net Calls Change
+$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$957M -$19.5M -138,394 -2%
Mercer Global Advisors
2
Mercer Global Advisors
Colorado
$898M +$64.3M +457,343 +8%
RJA
3
Raymond James & Associates
Florida
$421M +$12.5M +89,212 +3%
Wealth Enhancement Advisory Services
4
Wealth Enhancement Advisory Services
Minnesota
$318M +$8.63M +61,382 +3%
CAPTRUST Financial Advisors
5
CAPTRUST Financial Advisors
North Carolina
$302M +$25.5M +181,540 +9%
SOMRS
6
State of Michigan Retirement System
Michigan
$262M -$8.72M -62,000 -3%
Bank of America
7
Bank of America
North Carolina
$236M -$20.9M -148,314 -8%
Morgan Stanley
8
Morgan Stanley
New York
$236M -$19.5M -138,377 -8%
AssetMark Inc
9
AssetMark Inc
California
$209M +$6.82M +48,515 +3%
BlackRock
10
BlackRock
New York
$181M +$26.6M +188,883 +18%
Cerity Partners
11
Cerity Partners
New York
$179M +$174M +1,237,401 +37,249%
Carson Wealth (CWM LLC)
12
Carson Wealth (CWM LLC)
Nebraska
$152M -$31.1M -221,133 -17%
BTI
13
Blue Trust Inc
Georgia
$144M -$2.88M -20,455 -2%
SC
14
Savant Capital
Illinois
$131M +$9.88M +70,264 +8%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$123M -$218M -1,549,651 -64%
EWM
16
Empirical Wealth Management
Washington
$109M +$7.46M +53,074 +8%
UBS Group
17
UBS Group
Switzerland
$102M -$15.3M -109,130 -13%
LPL Financial
18
LPL Financial
California
$96.3M -$23.6M -167,943 -20%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$93.5M -$5.08M -36,095 -5%
Corient Private Wealth
20
Corient Private Wealth
Florida
$92.2M +$1.09M +7,784 +1%
OFG
21
Oxford Financial Group
Indiana
$80.4M -$890K -6,327 -1%
Ameriprise
22
Ameriprise
Minnesota
$78.5M -$567K -4,031 -0.7%
KeyBank National Association
23
KeyBank National Association
Ohio
$66.6M -$3.09M -21,964 -5%
Wells Fargo
24
Wells Fargo
California
$63.4M -$16.1M -114,409 -21%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$58.5M -$16.2M -115,401 -22%

MTUM Hedge Fund Activity: Q2 2023 in Review

647 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q2 2023, worth a combined $7.66B — down 4.4% from $8.01B a quarter earlier.

Sellers outnumbered buyers: 109 funds closed out of MTUM and 55 opened new positions — a net loss of 54 holders — while 349 trimmed existing stakes and 142 added.

The largest buyer was Cerity Partners, adding an estimated $174M. The largest seller was Summit Wealth Group, cutting an estimated $1.51B.

  • 647 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q2 2023, down from 704 in Q1 2023.
  • Funds reported $7.66B of iShares MSCI USA Momentum Factor ETF stock for Q2 2023, down 4.4% quarter-over-quarter.
  • 55 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q2 2023 and 109 closed out, a net change of -54 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q2 2023 was Cerity Partners, an estimated $174M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q2 2023 was Summit Wealth Group, an estimated $1.51B sold.

Based on aggregated 13F filings for Q2 2023.