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iShares MSCI USA Quality Factor ETF

688 hedge funds and large institutions have $14.6B invested in iShares MSCI USA Quality Factor ETF in 2021 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 245 increasing their positions, 290 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

947% more call options, than puts

Call options by funds: $26.7M | Put options by funds: $2.55M

1.33% less ownership

Funds ownership: 75.67%74.34% (-1.3%)

3% less funds holding

Funds holding: 708688 (-20)

11% less capital invested

Capital invested by funds: $16.4B → $14.6B (-$1.82B)

13% less funds holding in top 10

Funds holding in top 10: 116101 (-15)

13% less first-time investments, than exits

New positions opened: 71 | Existing positions closed: 82

16% less repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 290

Holders
688
Holders Change
-20
Holders Change %
-2.82%
% of All Funds
12.08%
Holding in Top 10
101
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-12.93%
% of All Funds
1.77%
New
71
Increased
245
Reduced
290
Closed
82
Calls
$26.7M
Puts
$2.55M
Net Calls
+$24.2M
Net Calls Change
-$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.43B +$51.6M +436,749 +4%
Bank of America
2
Bank of America
North Carolina
$1.36B -$312M -2,639,271 -19%
LPL Financial
3
LPL Financial
California
$1.01B -$66.2M -559,989 -6%
Wells Fargo
4
Wells Fargo
California
$720M -$828M -7,008,238 -54%
Ameriprise
5
Ameriprise
Minnesota
$690M -$188M -1,591,659 -22%
KeyBank National Association
6
KeyBank National Association
Ohio
$506M -$19.8M -167,369 -4%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$502M -$79.4M -672,120 -14%
Morgan Stanley
8
Morgan Stanley
New York
$488M -$81.2M -687,613 -15%
BlackRock
9
BlackRock
New York
$456M -$117M -992,438 -21%
UBS Group
10
UBS Group
Switzerland
$438M -$14.6M -123,406 -3%
Mercer Global Advisors
11
Mercer Global Advisors
Colorado
$386M +$52M +440,361 +16%
RBA
12
Richard Bernstein Advisors
New York
$343M -$194M -1,639,717 -37%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$306M -$13.3M -112,757 -4%
M&T Bank
14
M&T Bank
New York
$287M -$75M -634,882 -21%
CWM
15
Connecticut Wealth Management
Connecticut
$190M +$4.15M +35,130 +2%
Carson Wealth (CWM LLC)
16
Carson Wealth (CWM LLC)
Nebraska
$177M
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$161M -$16M -135,843 -9%
CPO
18
Cerity Partners OCIO
New York
$157M +$17.2M +145,233 +13%
WBG
19
Wharton Business Group
Pennsylvania
$133M +$2.81M +23,807 +2%
AF
20
Allworth Financial
California
$126M -$7.43M -62,878 -6%
Victory Capital Management
21
Victory Capital Management
Texas
$119M -$13.7M -116,397 -11%
USAA
22
United Services Automobile Association
Texas
$119M -$13.7M -116,397 -11%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$109M -$10.4M -88,342 -9%
TC
24
Trilogy Capital
California
$99.6M +$10.4M +87,988 +12%
CCWA
25
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$98.5M -$38.7M -327,693 -29%

QUAL Hedge Fund Activity: Q1 2021 in Review

688 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q1 2021, worth a combined $14.6B — down 11% from $16.4B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of QUAL and 71 opened new positions — a net loss of 11 holders — while 290 trimmed existing stakes and 245 added.

The largest buyer was Mercer Global Advisors, adding an estimated $52M. The largest seller was Wells Fargo, cutting an estimated $828M.

  • 688 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q1 2021, down from 708 in Q4 2020.
  • Funds reported $14.6B of iShares MSCI USA Quality Factor ETF stock for Q1 2021, down 11% quarter-over-quarter.
  • 71 funds opened new iShares MSCI USA Quality Factor ETF positions in Q1 2021 and 82 closed out, a net change of -11 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q1 2021 was Mercer Global Advisors, an estimated $52M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q1 2021 was Wells Fargo, an estimated $828M sold.

Based on aggregated 13F filings for Q1 2021.