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iShares MSCI USA Quality Factor ETF

548 hedge funds and large institutions have $12B invested in iShares MSCI USA Quality Factor ETF in 2020 Q1 according to their latest regulatory filings, with 98 funds opening new positions, 262 increasing their positions, 140 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,995% more call options, than puts

Call options by funds: $16.9M | Put options by funds: $331K

87% more repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 140

15% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 85

11% more funds holding in top 10

Funds holding in top 10: 103114 (+11)

5.55% more ownership

Funds ownership: 74.86%80.41% (+5.5%)

1% more funds holding

Funds holding: 540548 (+8)

3% less capital invested

Capital invested by funds: $12.3B → $12B (-$318M)

Holders
548
Holders Change
+8
Holders Change %
+1.48%
% of All Funds
12.08%
Holding in Top 10
114
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+10.68%
% of All Funds
2.51%
New
98
Increased
262
Reduced
140
Closed
85
Calls
$16.9M
Puts
$331K
Net Calls
+$16.5M
Net Calls Change
-$2.93M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$1.05B +$991M +10,385,997 +411%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$993M +$10.4M +109,229 +0.9%
Bank of America
3
Bank of America
North Carolina
$819M +$34.3M +358,859 +4%
LPL Financial
4
LPL Financial
California
$799M +$65.3M +683,549 +7%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$692M +$95.3M +997,935 +13%
BlackRock
6
BlackRock
New York
$650M -$30.7M -321,354 -4%
Ameriprise
7
Ameriprise
Minnesota
$393M +$97.8M +1,024,838 +27%
Morgan Stanley
8
Morgan Stanley
New York
$334M +$117M +1,225,270 +42%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$320M -$37.8M -396,170 -9%
UBS Group
10
UBS Group
Switzerland
$307M +$89.2M +934,810 +33%
KeyBank National Association
11
KeyBank National Association
Ohio
$303M +$29.8M +312,516 +9%
M&T Bank
12
M&T Bank
New York
$238M +$281M +2,939,207 New
Victory Capital Management
13
Victory Capital Management
Texas
$215M +$135M +1,411,766 +113%
RBA
14
Richard Bernstein Advisors
New York
$196M +$4.53M +47,486 +2%
JPG
15
Jordan Park Group
California
$186M +$49M +512,890 +29%
AF
16
Allworth Financial
California
$178M -$7.18M -75,254 -3%
Carson Wealth (CWM LLC)
17
Carson Wealth (CWM LLC)
Nebraska
$177M
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$135M +$28M +293,268 +21%
Mercer Global Advisors
19
Mercer Global Advisors
Colorado
$134M +$37.3M +390,635 +31%
Osaic Holdings
20
Osaic Holdings
Arizona
$130M +$426M +4,461,631 New
CWM
21
Connecticut Wealth Management
Connecticut
$99.1M +$103M +1,077,898 +747%
WBG
22
Wharton Business Group
Pennsylvania
$90.9M +$14.9M +155,607 +16%
CPO
23
Cerity Partners OCIO
New York
$88.8M +$384K +4,025 +0.4%
PAS
24
Park Avenue Securities
New York
$86.5M +$11.7M +122,804 +13%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$82.7M +$12.6M +132,089 +15%

QUAL Hedge Fund Activity: Q1 2020 in Review

548 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q1 2020, worth a combined $12B — down 2.6% from $12.3B a quarter earlier.

Buyers outnumbered sellers: 98 funds opened new QUAL positions and 85 closed out — a net gain of 13 holders — while 262 added to existing stakes and 140 trimmed.

The largest buyer was Wells Fargo, adding an estimated $991M. The largest seller was Horizon Investments, cutting an estimated $79.2M.

  • 548 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q1 2020, up from 540 in Q4 2019.
  • Funds reported $12B of iShares MSCI USA Quality Factor ETF stock for Q1 2020, down 2.6% quarter-over-quarter.
  • 98 funds opened new iShares MSCI USA Quality Factor ETF positions in Q1 2020 and 85 closed out, a net change of +13 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q1 2020 was Wells Fargo, an estimated $991M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q1 2020 was Horizon Investments, an estimated $79.2M sold.

Based on aggregated 13F filings for Q1 2020.