iShares MSCI USA Quality Factor ETF
QUAL
916 hedge funds and large institutions have $23B invested in iShares MSCI USA Quality Factor ETF in 2023 Q1 according to their latest regulatory filings, with 169 funds opening new positions, 357 increasing their positions, 274 reducing their positions, and 54 closing their positions.
213% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 54
134% more call options, than puts
Call options by funds: $3.82M | Put options by funds: $1.63M
66% more capital invested
Capital invested by funds: $13.9B → $23B (+$9.16B)
50% more funds holding in top 10
Funds holding in top 10: 100 → 150 (+50)
30% more repeat investments, than reductions
Existing positions increased: 357 | Existing positions reduced: 274
11% more funds holding
Funds holding: 824 → 916 (+92)
9.23% more ownership
Funds ownership: 77.66% → 86.89% (+9.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.95B |
| 2 |
BlackRock
New York
|
+$486M |
| 3 |
LPL Financial
San Diego,
California
|
+$468M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$430M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$405M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$187M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$57.8M |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$45.4M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$37.9M |
| 5 |
AWS
AJ Wealth Strategies
New York
|
-$31.2M |
QUAL Hedge Fund Activity: Q1 2023 in Review
916 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q1 2023, worth a combined $23B — up 66% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 169 funds opened new QUAL positions and 54 closed out — a net gain of 115 holders — while 357 added to existing stakes and 274 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $2.95B. The largest seller was PAR Capital Management, exiting entirely with an estimated $187M sold.
- 916 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q1 2023, up from 824 in Q4 2022.
- Funds reported $23B of iShares MSCI USA Quality Factor ETF stock for Q1 2023, up 66% quarter-over-quarter.
- 169 funds opened new iShares MSCI USA Quality Factor ETF positions in Q1 2023 and 54 closed out, a net change of +115 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $2.95B added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q1 2023 was PAR Capital Management, an estimated $187M sold.
Based on aggregated 13F filings for Q1 2023.