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iShares MSCI USA Quality Factor ETF

120 hedge funds and large institutions have $1.51B invested in iShares MSCI USA Quality Factor ETF in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 39 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 9

33% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 39

8% more capital invested

Capital invested by funds: $1.39B → $1.51B (+$114M)

7% more funds holding

Funds holding: 112120 (+8)

6% more funds holding in top 10

Funds holding in top 10: 1819 (+1)

4.61% less ownership

Funds ownership: 48.67%44.06% (-4.6%)

Holders
120
Holders Change
+8
Holders Change %
+7.14%
% of All Funds
3%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.47%
New
19
Increased
52
Reduced
39
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$289M +$178M +2,619,936 +168%
Bank of America
2
Bank of America
North Carolina
$169M +$42.1M +621,607 +34%
Morgan Stanley
3
Morgan Stanley
New York
$99M -$54.2M -798,782 -36%
BFPW
4
BOK Financial Private Wealth
Colorado
$93.6M +$2.75M +40,617 +3%
BCI
5
Brinker Capital Investments
Pennsylvania
$80.3M -$56.8M -837,140 -42%
Ameriprise
6
Ameriprise
Minnesota
$66.8M -$8.24M -121,558 -11%
DT
7
Diversified Trust
Tennessee
$48M +$6.47M +95,473 +16%
UBS Group
8
UBS Group
Switzerland
$43.1M +$20.1M +297,016 +91%
AI
9
Accredited Investors
Minnesota
$42.7M +$1.17M +17,304 +3%
USAA
10
United Services Automobile Association
Texas
$36.4M
Allianz Asset Management
11
Allianz Asset Management
Germany
$33.3M -$1.22M -18,015 -4%
CPO
12
Cerity Partners OCIO
New York
$27.3M +$2.29M +33,828 +9%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$23.4M -$59.1M -871,633 -72%
TWM
14
Tanglewood Wealth Management
Texas
$23M -$2.34M -34,575 -9%
DADC
15
D.A. Davidson & Co
Montana
$22.9M +$2.92M +43,067 +15%
AC
16
Allstate Corporation
Illinois
$22.7M -$28.2M -415,211 -56%
PC
17
Permanens Capital
New York
$21.5M +$21.1M +311,216 New
US Bancorp
18
US Bancorp
Minnesota
$20.4M -$1.25M -18,410 -6%
FDCC
19
Foster Dykema Cabot & Co
Massachusetts
$20.1M +$8.29M +122,206 +72%
JMPWA
20
JP Morgan Private Wealth Advisors
California
$20M +$2.61M +38,535 +15%
TCM
21
TD Capital Management
Tennessee
$19.1M -$592K -8,737 -3%
AWE
22
Avidian Wealth Enterprises
Texas
$14.6M +$14.3M +211,633 New
SCM
23
Stonehearth Capital Management
Massachusetts
$14.6M -$423K -6,245 -3%
BAAM
24
Baker Avenue Asset Management
California
$13.4M +$1.62M +23,936 +14%
TA
25
TMD & Associates
Arizona
$13.1M -$5.87M -86,528 -31%

QUAL Hedge Fund Activity: Q4 2016 in Review

120 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2016, worth a combined $1.51B — up 8.2% from $1.39B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new QUAL positions and 9 closed out — a net gain of 10 holders — while 52 added to existing stakes and 39 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $178M. The largest seller was Bank of New York Mellon, cutting an estimated $59.1M.

  • 120 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2016, up from 112 in Q3 2016.
  • Funds reported $1.51B of iShares MSCI USA Quality Factor ETF stock for Q4 2016, up 8.2% quarter-over-quarter.
  • 19 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2016 and 9 closed out, a net change of +10 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2016 was PNC Financial Services Group, an estimated $178M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q4 2016 was Bank of New York Mellon, an estimated $59.1M sold.

Based on aggregated 13F filings for Q4 2016.