iShares MSCI USA Quality Factor ETF
QUAL
1,633 hedge funds and large institutions have $37.5B invested in iShares MSCI USA Quality Factor ETF in 2026 Q2 according to their latest regulatory filings, with 133 funds opening new positions, 491 increasing their positions, 755 reducing their positions, and 109 closing their positions.
22% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 109
1% less funds holding
Funds holding: 1,648 → 1,633 (-15)
5.25% less ownership
Funds ownership: 87.09% → 81.84% (-5.2%)
7% less capital invested
Capital invested by funds: $40.2B → $37.5B (-$2.72B)
32% less funds holding in top 10
Funds holding in top 10: 173 → 118 (-55)
35% less repeat investments, than reductions
Existing positions increased: 491 | Existing positions reduced: 755
92% less call options, than puts
Call options by funds: $3.44M | Put options by funds: $44.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$299M |
| 2 |
FWI
Facet Wealth Inc
Baltimore,
Maryland
|
+$70.1M |
| 3 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$58.4M |
| 4 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$55.9M |
| 5 |
M&T Bank
Buffalo,
New York
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.14B |
| 2 |
LPL Financial
San Diego,
California
|
-$592M |
| 3 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$542M |
| 4 |
JP Morgan Chase
New York
|
-$374M |
| 5 |
Morgan Stanley
New York
|
-$273M |
QUAL Hedge Fund Activity: Q2 2026 in Review
1,633 of the 8,264 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q2 2026, worth a combined $37.5B — down 6.8% from $40.2B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new QUAL positions and 109 closed out — a net gain of 24 holders — while 491 added to existing stakes and 755 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $299M. The largest seller was Envestnet Asset Management, cutting an estimated $2.14B.
- 1,633 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q2 2026, down from 1,648 in Q1 2026.
- Funds reported $37.5B of iShares MSCI USA Quality Factor ETF stock for Q2 2026, down 6.8% quarter-over-quarter.
- 133 funds opened new iShares MSCI USA Quality Factor ETF positions in Q2 2026 and 109 closed out, a net change of +24 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q2 2026 was Fidelity Investments, an estimated $299M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q2 2026 was Envestnet Asset Management, an estimated $2.14B sold.
Based on aggregated 13F filings for Q2 2026.