iShares MSCI USA Quality Factor ETF
QUAL
540 hedge funds and large institutions have $12.3B invested in iShares MSCI USA Quality Factor ETF in 2019 Q4 according to their latest regulatory filings, with 188 funds opening new positions, 230 increasing their positions, 72 reducing their positions, and 29 closing their positions.
548% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 29
219% more repeat investments, than reductions
Existing positions increased: 230 | Existing positions reduced: 72
72% more funds holding in top 10
Funds holding in top 10: 60 → 103 (+43)
44% more capital invested
Capital invested by funds: $8.53B → $12.3B (+$3.74B)
39% more funds holding
Funds holding: 388 → 540 (+152)
2.93% more ownership
Funds ownership: 71.93% → 74.86% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$867M |
| 2 |
BlackRock
New York
|
+$197M |
| 3 |
LPL Financial
San Diego,
California
|
+$195M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$123M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
-$218M |
| 2 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$33.7M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$21M |
| 4 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
-$17.1M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$16.1M |
QUAL Hedge Fund Activity: Q4 2019 in Review
540 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2019, worth a combined $12.3B — up 44% from $8.53B a quarter earlier.
Buyers outnumbered sellers: 188 funds opened new QUAL positions and 29 closed out — a net gain of 159 holders — while 230 added to existing stakes and 72 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $867M. The largest seller was M&T Bank, exiting entirely with an estimated $218M sold.
- 540 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2019, up from 388 in Q3 2019.
- Funds reported $12.3B of iShares MSCI USA Quality Factor ETF stock for Q4 2019, up 44% quarter-over-quarter.
- 188 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2019 and 29 closed out, a net change of +159 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2019 was Envestnet Asset Management, an estimated $867M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q4 2019 was M&T Bank, an estimated $218M sold.
Based on aggregated 13F filings for Q4 2019.