iShares MSCI USA Quality Factor ETF
QUAL
1,044 hedge funds and large institutions have $27B invested in iShares MSCI USA Quality Factor ETF in 2023 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 335 increasing their positions, 448 reducing their positions, and 55 closing their positions.
98% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 55
17% more call options, than puts
Call options by funds: $3.72M | Put options by funds: $3.18M
4% more funds holding
Funds holding: 1,005 → 1,044 (+39)
3% more funds holding in top 10
Funds holding in top 10: 180 → 186 (+6)
5% less capital invested
Capital invested by funds: $28.3B → $27B (-$1.33B)
2.45% less ownership
Funds ownership: 89.28% → 86.82% (-2.5%)
25% less repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 448
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$132M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$126M |
| 3 |
Bank of New York Mellon
New York
|
+$120M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$92.7M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$69.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.16B |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$171M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$140M |
| 4 |
LPL Financial
San Diego,
California
|
-$116M |
| 5 |
BlackRock
New York
|
-$115M |
QUAL Hedge Fund Activity: Q3 2023 in Review
1,044 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q3 2023, worth a combined $27B — down 4.7% from $28.3B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new QUAL positions and 55 closed out — a net gain of 54 holders — while 335 added to existing stakes and 448 trimmed.
The largest buyer was Merriman Wealth Management, adding an estimated $132M. The largest seller was Envestnet Asset Management, cutting an estimated $1.16B.
- 1,044 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q3 2023, up from 1,005 in Q2 2023.
- Funds reported $27B of iShares MSCI USA Quality Factor ETF stock for Q3 2023, down 4.7% quarter-over-quarter.
- 109 funds opened new iShares MSCI USA Quality Factor ETF positions in Q3 2023 and 55 closed out, a net change of +54 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q3 2023 was Merriman Wealth Management, an estimated $132M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $1.16B sold.
Based on aggregated 13F filings for Q3 2023.