iShares MSCI USA Momentum Factor ETF
MTUM
958 hedge funds and large institutions have $16.9B invested in iShares MSCI USA Momentum Factor ETF in 2025 Q2 according to their latest regulatory filings, with 136 funds opening new positions, 356 increasing their positions, 331 reducing their positions, and 49 closing their positions.
178% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 49
29% more capital invested
Capital invested by funds: $13.1B → $16.9B (+$3.77B)
24% more funds holding in top 10
Funds holding in top 10: 42 → 52 (+10)
8% more funds holding
Funds holding: 883 → 958 (+75)
8% more repeat investments, than reductions
Existing positions increased: 356 | Existing positions reduced: 331
0.58% more ownership
Funds ownership: 94.85% → 95.43% (+0.58%)
79% less call options, than puts
Call options by funds: $57.3M | Put options by funds: $270M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$239M |
| 2 |
CM
Churchill Management
Los Angeles,
California
|
+$200M |
| 3 |
OWM
Orgel Wealth Management
Altoona,
Wisconsin
|
+$144M |
| 4 |
PAS
Park Avenue Securities
New York
|
+$99.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$84.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$97.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$93.2M |
| 3 |
BlackRock
New York
|
-$24.8M |
| 4 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$19.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$17.8M |
MTUM Hedge Fund Activity: Q2 2025 in Review
958 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q2 2025, worth a combined $16.9B — up 29% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new MTUM positions and 49 closed out — a net gain of 87 holders — while 356 added to existing stakes and 331 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $239M. The largest seller was Citigroup, cutting an estimated $97.1M.
- 958 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q2 2025, up from 883 in Q1 2025.
- Funds reported $16.9B of iShares MSCI USA Momentum Factor ETF stock for Q2 2025, up 29% quarter-over-quarter.
- 136 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q2 2025 and 49 closed out, a net change of +87 holders.
- The largest iShares MSCI USA Momentum Factor ETF buyer in Q2 2025 was Envestnet Asset Management, an estimated $239M added.
- The largest iShares MSCI USA Momentum Factor ETF seller in Q2 2025 was Citigroup, an estimated $97.1M sold.
Based on aggregated 13F filings for Q2 2025.