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iShares MSCI USA Momentum Factor ETF

981 hedge funds and large institutions have $16.8B invested in iShares MSCI USA Momentum Factor ETF in 2025 Q3 according to their latest regulatory filings, with 106 funds opening new positions, 404 increasing their positions, 317 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 62

27% more repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 317

3% more funds holding

Funds holding: 955981 (+26)

1% less capital invested

Capital invested by funds: $16.9B → $16.8B (-$103M)

6% less funds holding in top 10

Funds holding in top 10: 5249 (-3)

8.97% less ownership

Funds ownership: 95.44%86.47% (-9%)

73% less call options, than puts

Call options by funds: $122M | Put options by funds: $456M

Holders
981
Holders Change
+26
Holders Change %
+2.72%
% of All Funds
12.88%
Holding in Top 10
49
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-5.77%
% of All Funds
0.64%
New
106
Increased
404
Reduced
317
Closed
62
Calls
$122M
Puts
$456M
Net Calls
-$335M
Net Calls Change
-$123M
Name Holding Trade Value Shares
Change
Change in
Stake
Mercer Global Advisors
1
Mercer Global Advisors
Colorado
$1.95B +$2.84M +11,584 +0.2%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$1.59B -$1.58B -6,445,729 -51%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$1.04B +$203M +829,803 +26%
Morgan Stanley
4
Morgan Stanley
New York
$836M +$181M +739,203 +29%
Raymond James Financial
5
Raymond James Financial
Florida
$786M +$29.6M +120,851 +4%
LPL Financial
6
LPL Financial
California
$677M +$82.6M +337,340 +15%
AssetMark Inc
7
AssetMark Inc
California
$376M -$95.6M -390,553 -21%
Ameriprise
8
Ameriprise
Minnesota
$339M +$22.2M +90,841 +7%
BlackRock
9
BlackRock
New York
$323M +$6.11M +24,930 +2%
Bank of America
10
Bank of America
North Carolina
$318M +$23.2M +94,881 +8%
SOMRS
11
State of Michigan Retirement System
Michigan
$314M +$4.26M +17,400 +1%
Cerity Partners
12
Cerity Partners
New York
$295M +$7.16M +29,230 +3%
BTI
13
Blue Trust Inc
Georgia
$291M -$18.8M -76,913 -6%
EWM
14
Empirical Wealth Management
Washington
$264M -$136K -555 -0.1%
Wealth Enhancement Advisory Services
15
Wealth Enhancement Advisory Services
Minnesota
$255M -$4.31M -17,593 -2%
Focus Partners Wealth
16
Focus Partners Wealth
Massachusetts
$238M +$220M +896,644 +2,940%
Carson Wealth (CWM LLC)
17
Carson Wealth (CWM LLC)
Nebraska
$234M +$2.83M +11,546 +1%
JP Morgan Chase
18
JP Morgan Chase
New York
$223M +$13.2M +54,040 +7%
Wells Fargo
19
Wells Fargo
California
$222M -$744K -3,039 -0.3%
UBS Group
20
UBS Group
Switzerland
$194M -$7.47M -30,508 -4%
Goldman Sachs
21
Goldman Sachs
New York
$190M +$82.4M +336,433 +84%
Corient Private Wealth
22
Corient Private Wealth
Florida
$184M -$24.3M -99,189 -12%
OWM
23
Orgel Wealth Management
Wisconsin
$170M +$1.05M +4,280 +0.6%
MML Investors Services
24
MML Investors Services
Massachusetts
$162M +$49.4M +201,691 +47%
PAS
25
Park Avenue Securities
New York
$134M +$16.3M +66,465 +15%

MTUM Hedge Fund Activity: Q3 2025 in Review

981 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Momentum Factor ETF (MTUM) for Q3 2025, worth a combined $16.8B — down 0.61% from $16.9B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new MTUM positions and 62 closed out — a net gain of 44 holders — while 404 added to existing stakes and 317 trimmed.

The largest buyer was Focus Partners Wealth, adding an estimated $220M. The largest seller was Envestnet Asset Management, cutting an estimated $1.58B.

  • 981 institutional investors held iShares MSCI USA Momentum Factor ETF (MTUM) as of Q3 2025, up from 955 in Q2 2025.
  • Funds reported $16.8B of iShares MSCI USA Momentum Factor ETF stock for Q3 2025, down 0.61% quarter-over-quarter.
  • 106 funds opened new iShares MSCI USA Momentum Factor ETF positions in Q3 2025 and 62 closed out, a net change of +44 holders.
  • The largest iShares MSCI USA Momentum Factor ETF buyer in Q3 2025 was Focus Partners Wealth, an estimated $220M added.
  • The largest iShares MSCI USA Momentum Factor ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $1.58B sold.

Based on aggregated 13F filings for Q3 2025.