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iShares MSCI USA Momentum Factor ETF

700 hedge funds and large institutions have $9.57B invested in iShares MSCI USA Momentum Factor ETF in 2024 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 188 increasing their positions, 291 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 62

1% more funds holding

Funds holding: 693700 (+7)

5% less capital invested

Capital invested by funds: $10B → $9.57B (-$471M)

1.41% less ownership

Funds ownership: 96.8%95.39% (-1.4%)

18% less funds holding in top 10

Funds holding in top 10: 4436 (-8)

35% less repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 291

66% less call options, than puts

Call options by funds: $54M | Put options by funds: $158M

Holders
700
Holders Change
+7
Holders Change %
+1.01%
% of All Funds
10.05%
Holding in Top 10
36
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-18.18%
% of All Funds
0.52%
New
75
Increased
188
Reduced
291
Closed
62
Calls
$54M
Puts
$158M
Net Calls
-$104M
Net Calls Change
+$44.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$1.61B +$11.8M +60,979 +0.8%
Mercer Global Advisors
2
Mercer Global Advisors
Colorado
$1.6B +$70.8M +365,399 +5%
RJA
3
Raymond James & Associates
Florida
$485M -$9.15M -47,237 -2%
AssetMark Inc
4
AssetMark Inc
California
$343M +$14.1M +72,891 +4%
Morgan Stanley
5
Morgan Stanley
New York
$290M -$147K -760 -0.1%
SOMRS
6
State of Michigan Retirement System
Michigan
$265M +$2.89M +14,900 +1%
Bank of America
7
Bank of America
North Carolina
$247M -$119M -614,445 -33%
BTI
8
Blue Trust Inc
Georgia
$223M -$15.4M -79,677 -7%
Cerity Partners
9
Cerity Partners
New York
$218M +$5.08M +26,235 +3%
Wealth Enhancement Advisory Services
10
Wealth Enhancement Advisory Services
Minnesota
$196M -$9.86M -50,923 -5%
EWM
11
Empirical Wealth Management
Washington
$195M +$25.3M +130,482 +16%
BlackRock
12
BlackRock
New York
$168M -$131M -677,571 -45%
SC
13
Savant Capital
Illinois
$148M -$74.8M -386,436 -35%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$137M +$14.2M +73,442 +12%
Corient Private Wealth
15
Corient Private Wealth
Florida
$135M +$1.3M +6,712 +1%
LPL Financial
16
LPL Financial
California
$126M +$2.32M +11,968 +2%
Ameriprise
17
Ameriprise
Minnesota
$124M -$11.7M -60,544 -9%
UBS Group
18
UBS Group
Switzerland
$122M -$21.7M -111,882 -16%
Wells Fargo
19
Wells Fargo
California
$117M -$5.75M -29,700 -5%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$103M -$6.58M -33,955 -6%
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$99.7M -$3.92M -20,236 -4%
JP Morgan Chase
22
JP Morgan Chase
New York
$75M -$141M -729,425 -66%
APSPRSPT
23
Arizona Public Safety Personnel Retirement System (PSPRS) Trust
Arizona
$73.5M +$1.38M +7,115 +2%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$66M -$11.8M -61,133 -16%
AC
25
Apella Capital
Connecticut
$65.7M +$1.24M +6,394 +2%

MTUM Hedge Fund Activity: Q3 2024 in Review

700 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2024, worth a combined $9.57B — down 4.7% from $10B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new MTUM positions and 62 closed out — a net gain of 13 holders — while 188 added to existing stakes and 291 trimmed.

The largest buyer was Mercer Global Advisors, adding an estimated $70.8M. The largest seller was JP Morgan Chase, cutting an estimated $141M.

  • 700 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2024, up from 693 in Q2 2024.
  • Funds reported $9.57B of iShares MSCI USA Momentum Factor ETF stock for Q3 2024, down 4.7% quarter-over-quarter.
  • 75 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2024 and 62 closed out, a net change of +13 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2024 was Mercer Global Advisors, an estimated $70.8M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2024 was JP Morgan Chase, an estimated $141M sold.

Based on aggregated 13F filings for Q3 2024.