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iShares MSCI USA Quality Factor ETF

1,005 hedge funds and large institutions have $28.3B invested in iShares MSCI USA Quality Factor ETF in 2023 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 449 increasing their positions, 298 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 43

64% more call options, than puts

Call options by funds: $5.31M | Put options by funds: $3.24M

51% more repeat investments, than reductions

Existing positions increased: 449 | Existing positions reduced: 298

24% more capital invested

Capital invested by funds: $22.9B → $28.3B (+$5.43B)

20% more funds holding in top 10

Funds holding in top 10: 150180 (+30)

10% more funds holding

Funds holding: 9161,005 (+89)

2.37% more ownership

Funds ownership: 86.9%89.27% (+2.4%)

Holders
1,005
Holders Change
+89
Holders Change %
+9.72%
% of All Funds
15.78%
Holding in Top 10
180
Holding in Top 10 Change
+30
Holding in Top 10 Change %
+20%
% of All Funds
2.83%
New
135
Increased
449
Reduced
298
Closed
43
Calls
$5.31M
Puts
$3.24M
Net Calls
+$2.07M
Net Calls Change
-$119K
Name Holding Trade Value Shares
Change
Change in
Stake
PWMAG
101
Pinnacle Wealth Management Advisory Group
New Jersey
$30.8M +$2M +15,699 +7%
BCI
102
Brinker Capital Investments
Pennsylvania
$30.2M +$4.78M +37,606 +20%
OPS
103
Orion Portfolio Solutions
Nebraska
$30.2M +$4.78M +37,606 +20%
FFA
104
Fragasso Financial Advisors
Pennsylvania
$29.9M +$932K +7,326 +3%
PAG
105
Private Advisor Group
New Jersey
$29.2M +$2.6M +20,477 +11%
IWP
106
Icon Wealth Partners
Texas
$28.8M +$3.28M +25,802 +14%
WWG
107
West Wealth Group
California
$28.7M +$753K +5,923 +3%
SFI
108
SPC Financial Inc
Maryland
$28.3M -$131K -1,026 -0.5%
HGWM
109
Horst & Graben Wealth Management
Oregon
$28.1M +$4.64M +36,473 +21%
SOMRS
110
State of Michigan Retirement System
Michigan
$28M -$27.3M -215,000 -51%
SB
111
Strategic Blueprint
Georgia
$27.9M +$17.1M +134,073 +183%
AF
112
Allworth Financial
California
$27.9M -$7.29M -57,280 -22%
KCM
113
Kathmere Capital Management
Pennsylvania
$27.6M +$252K +1,983 +1%
BCIM
114
British Columbia Investment Management
British Columbia, Canada
$27.3M +$17.4M +137,099 +211%
FG
115
Foster Group
Iowa
$27.2M +$997K +7,836 +4%
SFS
116
Security Financial Services
Indiana
$27.2M +$727K +5,719 +3%
LWA
117
Lineweaver Wealth Advisors
Ohio
$27M +$787K +6,186 +3%
MMA
118
Miracle Mile Advisors
California
$27M +$7.16M +56,300 +39%
AF
119
Apexium Financial
Texas
$26.4M +$960K +7,550 +4%
AC
120
Apella Capital
Connecticut
$26.2M +$24.7M +194,360 New
Baird Financial Group
121
Baird Financial Group
Wisconsin
$25.9M +$4.53M +35,626 +23%
HFA
122
High Falls Advisors
New York
$25.8M -$226K -1,775 -0.9%
PFA
123
Pettinga Financial Advisors
Indiana
$25.6M -$299K -2,351 -1%
SWA
124
Strategies Wealth Advisors
Michigan
$25.1M -$195K -1,536 -0.8%
MFG
125
Merit Financial Group
Georgia
$24.9M +$861K +6,767 +4%

QUAL Hedge Fund Activity: Q2 2023 in Review

1,005 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q2 2023, worth a combined $28.3B — up 24% from $22.9B a quarter earlier.

Buyers outnumbered sellers: 135 funds opened new QUAL positions and 43 closed out — a net gain of 92 holders — while 449 added to existing stakes and 298 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $824M. The largest seller was Mercer Global Advisors, cutting an estimated $137M.

  • 1,005 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q2 2023, up from 916 in Q1 2023.
  • Funds reported $28.3B of iShares MSCI USA Quality Factor ETF stock for Q2 2023, up 24% quarter-over-quarter.
  • 135 funds opened new iShares MSCI USA Quality Factor ETF positions in Q2 2023 and 43 closed out, a net change of +92 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q2 2023 was PNC Financial Services Group, an estimated $824M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q2 2023 was Mercer Global Advisors, an estimated $137M sold.

Based on aggregated 13F filings for Q2 2023.