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iShares MSCI USA Quality Factor ETF

1,502 hedge funds and large institutions have $46.4B invested in iShares MSCI USA Quality Factor ETF in 2025 Q2 according to their latest regulatory filings, with 139 funds opening new positions, 657 increasing their positions, 496 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more first-time investments, than exits

New positions opened: 139 | Existing positions closed: 81

32% more repeat investments, than reductions

Existing positions increased: 657 | Existing positions reduced: 496

29% more call options, than puts

Call options by funds: $3.27M | Put options by funds: $2.54M

8% more capital invested

Capital invested by funds: $42.8B → $46.4B (+$3.52B)

2% more funds holding

Funds holding: 1,4681,502 (+34)

0.74% more ownership

Funds ownership: 88.46%89.2% (+0.74%)

5% less funds holding in top 10

Funds holding in top 10: 248235 (-13)

Holders
1,502
Holders Change
+34
Holders Change %
+2.32%
% of All Funds
19.78%
Holding in Top 10
235
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-5.24%
% of All Funds
3.09%
New
139
Increased
657
Reduced
496
Closed
81
Calls
$3.27M
Puts
$2.54M
Net Calls
+$731K
Net Calls Change
-$2.06M
Name Holding Trade Value Shares
Change
Change in
Stake
FFWA
326
Forthright Family Wealth Advisory
Texas
$10.7M -$213K -1,237 -2%
HSBC Holdings
327
HSBC Holdings
United Kingdom
$10.6M -$1.51M -8,726 -13%
PPWP
328
Premier Path Wealth Partners
New Jersey
$10.5M +$468K +2,713 +5%
RA
329
RFG Advisory
Alabama
$10.5M -$1.04M -6,019 -9%
SPC
330
Sigma Planning Corp
Michigan
$10.5M -$3.08M -17,858 -24%
EFL
331
ERn Financial LLC
Wisconsin
$10.5M -$218K -1,261 -2%
UWPG
332
Ullmann Wealth Partners Group
Florida
$10.2M -$451K -2,611 -4%
SWM
333
SigFig Wealth Management
California
$10.2M +$219K +1,271 +2%
FFA
334
First Foundation Advisors
California
$10.2M +$1.85M +10,701 +24%
SF
335
SWP Financial
California
$10.1M +$661K +3,829 +7%
JCM
336
Jacobi Capital Management
Pennsylvania
$9.97M -$161K -934 -2%
MIH
337
Meitav Investment House
Israel
$9.97M +$61.4K +356 +0.7%
AC
338
Allstate Corporation
Illinois
$9.93M +$2.41M +13,981 +35%
CIAS
339
Capital Investment Advisory Services
North Carolina
$9.93M -$4.08M -23,666 -30%
DWT
340
Dorsey & Whitney Trust
South Dakota
$9.89M +$101K +584 +1%
AWA
341
Adapt Wealth Advisors
Georgia
$9.79M +$219K +1,268 +2%
BEC
342
Blue Edge Capital
Virginia
$9.69M -$497K -2,882 -5%
SCM
343
SOL Capital Management
Maryland
$9.65M -$1.35M -7,828 -13%
Citadel Advisors
344
Citadel Advisors
Florida
$9.51M +$8.09M +46,889 +911%
SWM
345
Spire Wealth Management
Virginia
$9.51M -$2.91M -16,859 -24%
AAIM
346
Asset Advisors Investment Management
Georgia
$9.47M -$103K -597 -1%
SCM
347
Stonehearth Capital Management
Massachusetts
$9.44M -$298K -1,724 -3%
CAG
348
Crestwood Advisors Group
Massachusetts
$9.44M +$802K +4,645 +10%
SWM
349
Stark Wealth Management
Pennsylvania
$9.39M +$9.14M +52,960 New
AC
350
ASB Consultores
Florida
$9.36M

QUAL Hedge Fund Activity: Q2 2025 in Review

1,502 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q2 2025, worth a combined $46.4B — up 8.2% from $42.8B a quarter earlier.

Buyers outnumbered sellers: 139 funds opened new QUAL positions and 81 closed out — a net gain of 58 holders — while 657 added to existing stakes and 496 trimmed.

The largest buyer was Gallagher Fiduciary Advisors, adding an estimated $425M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $467M.

  • 1,502 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q2 2025, up from 1,468 in Q1 2025.
  • Funds reported $46.4B of iShares MSCI USA Quality Factor ETF stock for Q2 2025, up 8.2% quarter-over-quarter.
  • 139 funds opened new iShares MSCI USA Quality Factor ETF positions in Q2 2025 and 81 closed out, a net change of +58 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q2 2025 was Gallagher Fiduciary Advisors, an estimated $425M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q2 2025 was BNP Paribas Financial Markets, an estimated $467M sold.

Based on aggregated 13F filings for Q2 2025.