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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
Goldman Sachs
176
Goldman Sachs
New York
$27.6M +$3.2M +18,551 +14%
ACA
177
Aptus Capital Advisors
Alabama
$27.5M -$903K -5,235 -3%
LWM
178
Liberty Wealth Management
California
$27.4M +$1.98M +11,448 +8%
EL
179
EWA LLC
Pennsylvania
$27.2M -$2.3M -13,311 -8%
BFPW
180
BOK Financial Private Wealth
Colorado
$27.2M -$179K -1,039 -0.7%
SFS
181
Security Financial Services
Indiana
$26.4M +$585K +3,391 +2%
IWS
182
Insight Wealth Strategies
California
$26.1M +$236K +1,370 +1%
GF
183
Gries Financial
Ohio
$25.8M -$680K -3,941 -3%
BFG
184
Buttonwood Financial Group
Missouri
$25.7M +$849K +4,921 +4%
CA
185
Centerpoint Advisors
Massachusetts
$25M +$555K +3,215 +2%
RW
186
RVW Wealth
California
$25M +$2.27M +13,165 +11%
SP
187
Symmetry Partners
Connecticut
$24.9M +$2.21M +12,818 +10%
SWP
188
Summit Wealth Partners
Florida
$24.9M -$609K -3,529 -3%
SP
189
Stonebrook Private
Michigan
$24.4M -$91.5K -530 -0.4%
CWS
190
Cypress Wealth Services
California
$24.2M +$1.12M +6,470 +5%
IA
191
IFP Advisors
Florida
$23.8M +$8.63M +50,025 +62%
DA
192
Detalus Advisors
Missouri
$23.7M +$986K +5,712 +5%
MC
193
McMorgan & Co
California
$23.6M -$87.3K -506 -0.4%
KFSC
194
Keystone Financial Services (Colorado)
Colorado
$23.6M +$1.01M +5,856 +5%
CF
195
Centaurus Financial
California
$23.5M +$1.94M +11,244 +10%
SFA
196
Sequoia Financial Advisors
Ohio
$23.5M -$6.79M -39,369 -23%
JAG
197
Journey Advisory Group
Kentucky
$23.5M -$965K -5,593 -4%
KW
198
KWB Wealth
California
$23.4M +$23.6M +136,747 New
AM
199
AGF Management
Ontario, Canada
$23.1M -$518K -3,004 -2%
VA
200
VestGen Advisors
Illinois
$23.1M +$1.47M +8,517 +7%

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.