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iShares MSCI USA Quality Factor ETF

865 hedge funds and large institutions have $19.4B invested in iShares MSCI USA Quality Factor ETF in 2021 Q4 according to their latest regulatory filings, with 159 funds opening new positions, 360 increasing their positions, 220 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

304% more call options, than puts

Call options by funds: $4.05M | Put options by funds: $1M

238% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 47

64% more repeat investments, than reductions

Existing positions increased: 360 | Existing positions reduced: 220

16% more capital invested

Capital invested by funds: $16.8B → $19.4B (+$2.62B)

13% more funds holding

Funds holding: 768865 (+97)

6% more funds holding in top 10

Funds holding in top 10: 112119 (+7)

3.72% more ownership

Funds ownership: 72.75%76.47% (+3.7%)

Holders
865
Holders Change
+97
Holders Change %
+12.63%
% of All Funds
13.31%
Holding in Top 10
119
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+6.25%
% of All Funds
1.83%
New
159
Increased
360
Reduced
220
Closed
47
Calls
$4.05M
Puts
$1M
Net Calls
+$3.05M
Net Calls Change
-$23M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.93B +$67.9M +480,678 +4%
Bank of America
2
Bank of America
North Carolina
$1.71B +$14.7M +103,917 +0.9%
LPL Financial
3
LPL Financial
California
$1.32B +$26.6M +187,986 +2%
Morgan Stanley
4
Morgan Stanley
New York
$795M +$46.4M +328,474 +6%
Ameriprise
5
Ameriprise
Minnesota
$783M +$1.18M +8,347 +0.2%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$695M +$9.17M +64,869 +1%
KeyBank National Association
7
KeyBank National Association
Ohio
$595M +$1.76M +12,434 +0.3%
BlackRock
8
BlackRock
New York
$577M +$5.1M +36,122 +0.9%
UBS Group
9
UBS Group
Switzerland
$542M +$4.89M +34,574 +0.9%
Mercer Global Advisors
10
Mercer Global Advisors
Colorado
$537M +$24M +170,091 +5%
RBA
11
Richard Bernstein Advisors
New York
$478M +$10.6M +74,805 +2%
Wells Fargo
12
Wells Fargo
California
$478M +$9.74M +68,891 +2%
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$349M -$1.43M -10,118 -0.4%
M&T Bank
14
M&T Bank
New York
$275M -$9.01M -63,738 -3%
MWM
15
Merriman Wealth Management
Washington
$212M +$113M +803,003 +123%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$204M +$14M +99,396 +8%
Osaic Holdings
17
Osaic Holdings
Arizona
$198M +$52.5M +371,214 +38%
Carson Wealth (CWM LLC)
18
Carson Wealth (CWM LLC)
Nebraska
$198M +$192M +1,357,834 New
CWM
19
Connecticut Wealth Management
Connecticut
$194M +$5.14M +36,402 +3%
Thrivent Financial for Lutherans
20
Thrivent Financial for Lutherans
Minnesota
$181M -$2.56M -18,129 -2%
CPO
21
Cerity Partners OCIO
New York
$181M -$13.9M -98,149 -7%
HI
22
Horizon Investments
North Carolina
$170M -$95.2M -673,399 -37%
WBG
23
Wharton Business Group
Pennsylvania
$167M +$2.33M +16,521 +1%
AF
24
Allworth Financial
California
$144M -$1.5M -10,610 -1%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$120M -$11.4M -80,970 -9%

QUAL Hedge Fund Activity: Q4 2021 in Review

865 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2021, worth a combined $19.4B — up 16% from $16.8B a quarter earlier.

Buyers outnumbered sellers: 159 funds opened new QUAL positions and 47 closed out — a net gain of 112 holders — while 360 added to existing stakes and 220 trimmed.

The largest buyer was Merriman Wealth Management, adding an estimated $113M. The largest seller was State of Michigan Retirement System, cutting an estimated $169M.

  • 865 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2021, up from 768 in Q3 2021.
  • Funds reported $19.4B of iShares MSCI USA Quality Factor ETF stock for Q4 2021, up 16% quarter-over-quarter.
  • 159 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2021 and 47 closed out, a net change of +112 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2021 was Merriman Wealth Management, an estimated $113M added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q4 2021 was State of Michigan Retirement System, an estimated $169M sold.

Based on aggregated 13F filings for Q4 2021.