iShares MSCI USA Quality Factor ETF
QUAL
30 hedge funds and large institutions have $388M invested in iShares MSCI USA Quality Factor ETF in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
30% more funds holding
Funds holding: 23 → 30 (+7)
17% more capital invested
Capital invested by funds: $331M → $388M (+$57.6M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7.58% less ownership
Funds ownership: 76.81% → 69.23% (-7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$23.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$7.7M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$5.67M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.72M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.21M |
| 3 |
HCP
Holt Capital Partners
Fort Worth,
Texas
|
-$189K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$29.6K |
| 5 |
LPL Financial
San Diego,
California
|
-$21.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $22K | – | – | – |
|
27
Citigroup
New York
| $21K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $20K | -$16.3K | -275 | -45% |
|
|
29
Envestnet Asset Management
Chicago,
Illinois
| $14K | -$29.6K | -500 | -68% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$4.98K | +84 | New |
|
|
31
Jane Street
New York
| – | -$1.72M | -29,559 | Closed |
|
|
HCP
32
Holt Capital Partners
Fort Worth,
Texas
| – | -$189K | -3,240 | Closed |
|
QUAL Hedge Fund Activity: Q3 2014 in Review
30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q3 2014, worth a combined $388M — up 17% from $331M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new QUAL positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was United Services Automobile Association, opening a new position worth an estimated $23.6M. The largest seller was Jane Street, exiting entirely with an estimated $1.72M sold.
- 30 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q3 2014, up from 23 in Q2 2014.
- Funds reported $388M of iShares MSCI USA Quality Factor ETF stock for Q3 2014, up 17% quarter-over-quarter.
- 9 funds opened new iShares MSCI USA Quality Factor ETF positions in Q3 2014 and 2 closed out, a net change of +7 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q3 2014 was United Services Automobile Association, an estimated $23.6M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q3 2014 was Jane Street, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2014.