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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
KFS
201
Kelly Financial Services
Massachusetts
$22.9M +$1.24M +7,185 +6%
TWM
202
Tanglewood Wealth Management
Texas
$22.9M -$61.1K -354 -0.3%
Comerica Bank
203
Comerica Bank
Texas
$22.9M -$928K -5,379 -4%
KPWS
204
Kestra Private Wealth Services
Texas
$22.7M -$11.5M -66,899 -35%
AIA
205
Aventus Investment Advisors
Florida
$22.6M +$21.3M +123,385 New
Thrivent Financial for Lutherans
206
Thrivent Financial for Lutherans
Minnesota
$22.2M -$81.6M -472,631 -80%
PAWA
207
Palo Alto Wealth Advisors
California
$22M +$883K +5,117 +4%
KNFPWM
208
Keeler & Nadler Financial Planning & Wealth Management
Ohio
$21.8M +$473K +2,742 +2%
IA
209
Integrity Alliance
Iowa
$21.8M -$9.82M -56,899 -32%
RWP
210
RWA Wealth Partners
Massachusetts
$21.7M -$17.6M -101,918 -46%
KWM
211
Keebeck Wealth Management
Illinois
$21.5M -$1.81M -10,477 -8%
CFC
212
Client First Capital
California
$21.4M +$166K +962 +0.8%
WA
213
Wealth Alliance
New York
$21.3M +$889K +5,151 +5%
GHA
214
GW Henssler & Associates
Georgia
$21.2M +$1.21M +7,002 +6%
DWM
215
Diversify Wealth Management
Utah
$21.2M +$225K +1,306 +1%
I
216
INVST
Indiana
$21.1M +$1.74M +10,074 +10%
MFA
217
Mayflower Financial Advisors
Massachusetts
$21M +$3.91M +22,684 +25%
FAIM
218
Financial Advocates Investment Management
Washington
$20.5M +$2.53M +14,679 +15%
TF
219
Trek Financial
Arizona
$20.5M +$1.01M +5,855 +6%
VHAM
220
Van Hulzen Asset Management
California
$20.4M -$2.72M -15,754 -12%
SXL
221
Summit X LLC
Missouri
$20.2M +$138K +801 +0.7%
OAP
222
One Advisory Partners
Kansas
$20.1M +$1.19M +6,921 +7%
PFG
223
PAX Financial Group
Texas
$20.1M +$609K +3,527 +3%
CFA
224
Cahill Financial Advisors
Minnesota
$20M +$105K +611 +0.6%
FFN
225
Focus Financial Network
Minnesota
$19.9M +$423K +2,450 +2%

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.