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iShares MSCI USA Quality Factor ETF

30 hedge funds and large institutions have $388M invested in iShares MSCI USA Quality Factor ETF in 2014 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

30% more funds holding

Funds holding: 2330 (+7)

17% more capital invested

Capital invested by funds: $331M → $388M (+$57.6M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

7.58% less ownership

Funds ownership: 76.81%69.23% (-7.6%)

Holders
30
Holders Change
+7
Holders Change %
+30.43%
% of All Funds
0.87%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
9
Increased
11
Reduced
4
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
1
Arizona State Retirement System
Arizona
$130M
BFPW
2
BOK Financial Private Wealth
Colorado
$72.3M +$2.75M +46,431 +4%
BCI
3
Brinker Capital Investments
Pennsylvania
$70.2M +$5.67M +95,685 +9%
U
4
UBS
Switzerland
$39.2M +$378K +6,375 +1%
USAA
5
United Services Automobile Association
Texas
$23.7M +$23.6M +398,100 New
Morgan Stanley
6
Morgan Stanley
New York
$11.4M +$2.33M +39,334 +26%
Bank of America
7
Bank of America
North Carolina
$9.43M +$1.15M +19,446 +14%
Ameriprise
8
Ameriprise
Minnesota
$8.95M +$3.15M +53,208 +55%
Allianz Asset Management
9
Allianz Asset Management
Germany
$8.21M +$7.7M +130,000 New
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$4.93M -$1.21M -20,405 -20%
SG Americas Securities
11
SG Americas Securities
New York
$2.02M +$2M +33,802 New
RJFSA
12
Raymond James Financial Services Advisors
Florida
$1.33M +$42.1K +710 +3%
NPC
13
National Planning Corporation
California
$1.2M +$309K +5,219 +35%
VKH
14
Virtu KCG Holdings
New York
$1M +$997K +16,825 New
CPO
15
Cerity Partners OCIO
New York
$800K +$338K +5,711 +74%
Stifel Financial
16
Stifel Financial
Missouri
$703K +$699K +11,794 New
KIA
17
KCM Investment Advisors
California
$685K +$178 +3 +0%
HighTower Advisors
18
HighTower Advisors
Illinois
$562K +$232K +3,912 +71%
SIM
19
Sigma Investment Management
Oregon
$440K
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$403K +$400K +6,754 New
LPL Financial
21
LPL Financial
California
$202K -$21.5K -363 -10%
NFG
22
Next Financial Group
Texas
$178K +$176K +2,978 New
DADC
23
D.A. Davidson & Co
Montana
$114K +$113K +1,914 New
CAL
24
Capital Advisors Ltd
Ohio
$102K
AIG
25
American International Group
New York
$46.1K

QUAL Hedge Fund Activity: Q3 2014 in Review

30 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q3 2014, worth a combined $388M — up 17% from $331M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new QUAL positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 4 trimmed.

The largest buyer was United Services Automobile Association, opening a new position worth an estimated $23.6M. The largest seller was Jane Street, exiting entirely with an estimated $1.72M sold.

  • 30 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q3 2014, up from 23 in Q2 2014.
  • Funds reported $388M of iShares MSCI USA Quality Factor ETF stock for Q3 2014, up 17% quarter-over-quarter.
  • 9 funds opened new iShares MSCI USA Quality Factor ETF positions in Q3 2014 and 2 closed out, a net change of +7 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q3 2014 was United Services Automobile Association, an estimated $23.6M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q3 2014 was Jane Street, an estimated $1.72M sold.

Based on aggregated 13F filings for Q3 2014.