iShares MSCI USA Momentum Factor ETF
MTUM
640 hedge funds and large institutions have $7.5B invested in iShares MSCI USA Momentum Factor ETF in 2023 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 137 increasing their positions, 310 reducing their positions, and 60 closing their positions.
173% more call options, than puts
Call options by funds: $5.96M | Put options by funds: $2.18M
55% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 60
3% more funds holding
Funds holding: 619 → 640 (+21)
2.2% more ownership
Funds ownership: 87.19% → 89.39% (+2.2%)
5% more capital invested
Capital invested by funds: $7.17B → $7.5B (+$327M)
9% less funds holding in top 10
Funds holding in top 10: 43 → 39 (-4)
56% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 310
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.6M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$29.1M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$26.3M |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
+$14.7M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$302M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$28.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$27.8M |
| 4 |
BlackRock
New York
|
-$24.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$16.5M |
MTUM Hedge Fund Activity: Q4 2023 in Review
640 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q4 2023, worth a combined $7.5B — up 4.6% from $7.17B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new MTUM positions and 60 closed out — a net gain of 33 holders — while 137 added to existing stakes and 310 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $33.6M. The largest seller was CAPTRUST Financial Advisors, cutting an estimated $302M.
- 640 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q4 2023, up from 619 in Q3 2023.
- Funds reported $7.5B of iShares MSCI USA Momentum Factor ETF stock for Q4 2023, up 4.6% quarter-over-quarter.
- 93 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q4 2023 and 60 closed out, a net change of +33 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q4 2023 was Envestnet Asset Management, an estimated $33.6M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q4 2023 was CAPTRUST Financial Advisors, an estimated $302M sold.
Based on aggregated 13F filings for Q4 2023.