iShares MSCI USA Quality Factor ETF
QUAL
1,005 hedge funds and large institutions have $28.3B invested in iShares MSCI USA Quality Factor ETF in 2023 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 449 increasing their positions, 298 reducing their positions, and 43 closing their positions.
214% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 43
64% more call options, than puts
Call options by funds: $5.31M | Put options by funds: $3.24M
51% more repeat investments, than reductions
Existing positions increased: 449 | Existing positions reduced: 298
24% more capital invested
Capital invested by funds: $22.9B → $28.3B (+$5.43B)
20% more funds holding in top 10
Funds holding in top 10: 150 → 180 (+30)
10% more funds holding
Funds holding: 916 → 1,005 (+89)
2.37% more ownership
Funds ownership: 86.9% → 89.27% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$824M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$607M |
| 3 |
Cerity Partners
New York
|
+$261M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$121M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$110M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$137M |
| 2 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$50.4M |
| 3 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
-$44.7M |
| 4 |
BlackRock
New York
|
-$40.8M |
| 5 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
-$32.4M |
QUAL Hedge Fund Activity: Q2 2023 in Review
1,005 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q2 2023, worth a combined $28.3B — up 24% from $22.9B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new QUAL positions and 43 closed out — a net gain of 92 holders — while 449 added to existing stakes and 298 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $824M. The largest seller was Mercer Global Advisors, cutting an estimated $137M.
- 1,005 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q2 2023, up from 916 in Q1 2023.
- Funds reported $28.3B of iShares MSCI USA Quality Factor ETF stock for Q2 2023, up 24% quarter-over-quarter.
- 135 funds opened new iShares MSCI USA Quality Factor ETF positions in Q2 2023 and 43 closed out, a net change of +92 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q2 2023 was PNC Financial Services Group, an estimated $824M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q2 2023 was Mercer Global Advisors, an estimated $137M sold.
Based on aggregated 13F filings for Q2 2023.