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iShares MSCI USA Quality Factor ETF

112 hedge funds and large institutions have $1.39B invested in iShares MSCI USA Quality Factor ETF in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 30 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 12

70% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 30

8% more funds holding

Funds holding: 104112 (+8)

7% more capital invested

Capital invested by funds: $1.3B → $1.39B (+$88.9M)

5% less funds holding in top 10

Funds holding in top 10: 1918 (-1)

10.1% less ownership

Funds ownership: 58.78%48.67% (-10%)

Holders
112
Holders Change
+8
Holders Change %
+7.69%
% of All Funds
2.99%
Holding in Top 10
18
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.26%
% of All Funds
0.48%
New
24
Increased
51
Reduced
30
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$151M +$83.8M +1,238,959 +125%
BCI
2
Brinker Capital Investments
Pennsylvania
$135M -$3.42M -50,572 -2%
Bank of America
3
Bank of America
North Carolina
$123M +$12M +177,487 +11%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$105M +$94.7M +1,399,319 +881%
BFPW
5
BOK Financial Private Wealth
Colorado
$88.6M +$1.52M +22,454 +2%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$81.7M +$1.99M +29,335 +2%
Ameriprise
7
Ameriprise
Minnesota
$73.4M +$6.32M +93,338 +9%
AC
8
Allstate Corporation
Illinois
$50.2M +$50.4M +744,376 New
AI
9
Accredited Investors
Minnesota
$40.6M +$2.19M +32,354 +6%
DT
10
Diversified Trust
Tennessee
$40.5M +$40.6M +599,500 New
USAA
11
United Services Automobile Association
Texas
$35.5M -$52M -768,150 -59%
Allianz Asset Management
12
Allianz Asset Management
Germany
$33.8M +$7.02M +103,701 +26%
TWM
13
Tanglewood Wealth Management
Texas
$24.8M -$4.22M -62,319 -14%
CPO
14
Cerity Partners OCIO
New York
$24.4M +$4.18M +61,841 +21%
UBS Group
15
UBS Group
Switzerland
$22M +$3.06M +45,238 +16%
Wells Fargo
16
Wells Fargo
California
$21.3M -$22.8M -337,493 -52%
US Bancorp
17
US Bancorp
Minnesota
$21.1M +$3.18M +47,065 +18%
DADC
18
D.A. Davidson & Co
Montana
$19.5M +$1.9M +28,064 +11%
TCM
19
TD Capital Management
Tennessee
$19.3M -$518K -7,651 -3%
TA
20
TMD & Associates
Arizona
$18.6M +$5.33M +78,721 +40%
JMPWA
21
JP Morgan Private Wealth Advisors
California
$16.9M +$2.41M +35,616 +17%
SCM
22
Stonehearth Capital Management
Massachusetts
$14.6M -$501K -7,396 -3%
FFS
23
Founders Financial Securities
Maryland
$12.4M +$3.98M +58,754 +47%
HI
24
Horizon Investments
North Carolina
$12.4M +$3.96M +58,521 +47%
BII
25
Bainco International Investors
Massachusetts
$12.2M +$1.76M +26,011 +17%

QUAL Hedge Fund Activity: Q3 2016 in Review

112 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q3 2016, worth a combined $1.39B — up 6.8% from $1.3B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new QUAL positions and 12 closed out — a net gain of 12 holders — while 51 added to existing stakes and 30 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $94.7M. The largest seller was Arizona State Retirement System, exiting entirely with an estimated $161M sold.

  • 112 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q3 2016, up from 104 in Q2 2016.
  • Funds reported $1.39B of iShares MSCI USA Quality Factor ETF stock for Q3 2016, up 6.8% quarter-over-quarter.
  • 24 funds opened new iShares MSCI USA Quality Factor ETF positions in Q3 2016 and 12 closed out, a net change of +12 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q3 2016 was PNC Financial Services Group, an estimated $94.7M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q3 2016 was Arizona State Retirement System, an estimated $161M sold.

Based on aggregated 13F filings for Q3 2016.