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iShares MSCI USA Quality Factor ETF

315 hedge funds and large institutions have $4.24B invested in iShares MSCI USA Quality Factor ETF in 2018 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 106 increasing their positions, 85 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 30

29% more funds holding in top 10

Funds holding in top 10: 3849 (+11)

26% more funds holding

Funds holding: 250315 (+65)

25% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 85

6% more capital invested

Capital invested by funds: $4.01B → $4.24B (+$233M)

3.4% more ownership

Funds ownership: 60.07%63.47% (+3.4%)

Holders
315
Holders Change
+65
Holders Change %
+26%
% of All Funds
7.02%
Holding in Top 10
49
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+28.95%
% of All Funds
1.09%
New
96
Increased
106
Reduced
85
Closed
30
Calls
$103M
Puts
Net Calls
+$103M
Net Calls Change
+$103M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$498M +$7.91M +95,301 +1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$386M +$345M +4,154,153 +477%
Bank of America
3
Bank of America
North Carolina
$238M +$43M +518,286 +20%
BlackRock
4
BlackRock
New York
$200M +$60.7M +732,192 +39%
S
5
Schroders
United Kingdom
$145M -$79.6M -959,710 -34%
UBS Group
6
UBS Group
Switzerland
$138M +$59.7M +719,544 +67%
Wells Fargo
7
Wells Fargo
California
$134M +$74.9M +903,242 +107%
Morgan Stanley
8
Morgan Stanley
New York
$128M +$33.8M +407,915 +32%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$125M +$65.1M +784,686 +93%
Ameriprise
10
Ameriprise
Minnesota
$114M +$10M +120,612 +9%
AF
11
Allworth Financial
California
$97.9M +$6.55M +78,919 +7%
KeyBank National Association
12
KeyBank National Association
Ohio
$96.2M +$96.7M +1,166,159 +1,334%
JPG
13
Jordan Park Group
California
$96.1M +$104M +1,252,350 New
USAA
14
United Services Automobile Association
Texas
$84.7M +$27.6M +333,060 +43%
BFPW
15
BOK Financial Private Wealth
Colorado
$84.6M -$9.02M -108,719 -9%
Carson Wealth (CWM LLC)
16
Carson Wealth (CWM LLC)
Nebraska
$79.2M +$22.8M +274,566 +36%
M&T Bank
17
M&T Bank
New York
$79.1M +$85.5M +1,030,187 New
HI
18
Horizon Investments
North Carolina
$66.2M -$199M -2,398,760 -74%
DT
19
Diversified Trust
Tennessee
$63.7M -$416K -5,009 -0.6%
Goldman Sachs
20
Goldman Sachs
New York
$63M +$66.3M +798,587 +3,545%
WBG
21
Wharton Business Group
Pennsylvania
$60.1M -$3.06M -36,845 -4%
CPO
22
Cerity Partners OCIO
New York
$54.7M +$57.1K +688 +0.1%
BCI
23
Brinker Capital Investments
Pennsylvania
$49.5M -$36.5M -439,466 -41%
CMO
24
Covenant Multifamily Offices
Texas
$46.9M -$8.67M -104,518 -15%
AIM
25
Astor Investment Management
Illinois
$43M +$46.4M +559,748 New

QUAL Hedge Fund Activity: Q4 2018 in Review

315 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2018, worth a combined $4.24B — up 5.8% from $4.01B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new QUAL positions and 30 closed out — a net gain of 66 holders — while 106 added to existing stakes and 85 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $345M. The largest seller was Horizon Investments, cutting an estimated $199M.

  • 315 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2018, up from 250 in Q3 2018.
  • Funds reported $4.24B of iShares MSCI USA Quality Factor ETF stock for Q4 2018, up 5.8% quarter-over-quarter.
  • 96 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2018 and 30 closed out, a net change of +66 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2018 was Fidelity Investments, an estimated $345M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q4 2018 was Horizon Investments, an estimated $199M sold.

Based on aggregated 13F filings for Q4 2018.