iShares MSCI USA Quality Factor ETF
QUAL
40 hedge funds and large institutions have $501M invested in iShares MSCI USA Quality Factor ETF in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
33% more funds holding
Funds holding: 30 → 40 (+10)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
29% more capital invested
Capital invested by funds: $388M → $501M (+$113M)
0.5% more ownership
Funds ownership: 69.23% → 69.74% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$38.9M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$12.9M |
| 3 |
FDCC
Foster Dykema Cabot & Co
Waltham,
Massachusetts
|
+$8.19M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.95M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$1.15M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$1M |
| 3 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$603K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$92.5K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$63.7K |
QUAL Hedge Fund Activity: Q4 2014 in Review
40 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2014, worth a combined $501M — up 29% from $388M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new QUAL positions and 2 closed out — a net gain of 11 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was United Services Automobile Association, adding an estimated $38.9M. The largest seller was SG Americas Securities, cutting an estimated $1.15M.
- 40 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2014, up from 30 in Q3 2014.
- Funds reported $501M of iShares MSCI USA Quality Factor ETF stock for Q4 2014, up 29% quarter-over-quarter.
- 13 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2014 and 2 closed out, a net change of +11 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2014 was United Services Automobile Association, an estimated $38.9M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q4 2014 was SG Americas Securities, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2014.