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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
CCA
126
Catalyst Capital Advisors
New York
$41.8M -$2.57M -14,897 -6%
MRC
127
Millburn Ridgefield Corp
New York
$41.8M -$2.57M -14,897 -6%
PCA
128
Prosperity Capital Advisors
Ohio
$41.8M +$6.35M +36,780 +19%
UA
129
Unison Advisors
District of Columbia
$40.5M +$1.33M +7,729 +4%
SOMRS
130
State of Michigan Retirement System
Michigan
$40.3M +$10.8M +62,599 +40%
HSG
131
Helen Stephens Group
Texas
$40.2M +$1.58M +9,182 +4%
KCM
132
Kathmere Capital Management
Pennsylvania
$40.2M +$451K +2,615 +1%
LWA
133
Lineweaver Wealth Advisors
Ohio
$39.5M -$4.53M -26,274 -11%
CSWG
134
Cardinal Strategic Wealth Guidance
Kentucky
$39.4M -$60.1K -348 -0.2%
HFS
135
Hughes Financial Services
Virginia
$39M +$2.96M +17,158 +9%
HGWM
136
Horst & Graben Wealth Management
Oregon
$38.1M +$1.51M +8,754 +4%
SFP
137
Shepherd Financial Partners
Massachusetts
$37.7M -$1.54M -8,945 -4%
SWP
138
Stratos Wealth Partners
Ohio
$37.7M -$1.47M -8,540 -4%
HCM
139
Hengehold Capital Management
Ohio
$37.5M +$586K +3,395 +2%
TCM
140
TD Capital Management
Tennessee
$37.4M -$49.4K -286 -0.1%
AAS
141
Ameritas Advisory Services
Nebraska
$37M -$16.1M -93,202 -32%
FC
142
Forte Capital
New York
$36.2M -$2.44M -14,134 -7%
SW
143
SteelPeak Wealth
California
$36M +$1.41M +8,188 +4%
4WM
144
49 Wealth Management
Texas
$35.7M -$1.26M -7,317 -4%
1WM
145
1900 Wealth Management
Texas
$35.5M -$136K -790 -0.4%
SB
146
Strategic Blueprint
Georgia
$35M -$3.03M -17,563 -8%
VAS
147
Vestmark Advisory Solutions
Massachusetts
$34.5M +$21.6M +125,334 +198%
PA
148
Parallel Advisors
California
$34.5M -$1.28M -7,444 -4%
TWG
149
The Wealth Group
Minnesota
$34.3M +$1.48M +8,566 +5%
SFI
150
SPC Financial Inc
Maryland
$34M -$87.5K -507 -0.3%

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.