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iShares MSCI USA Quality Factor ETF

1,167 hedge funds and large institutions have $32.8B invested in iShares MSCI USA Quality Factor ETF in 2023 Q4 according to their latest regulatory filings, with 195 funds opening new positions, 508 increasing their positions, 353 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

248% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 56

50% more call options, than puts

Call options by funds: $4.93M | Put options by funds: $3.3M

44% more repeat investments, than reductions

Existing positions increased: 508 | Existing positions reduced: 353

21% more capital invested

Capital invested by funds: $27B → $32.8B (+$5.8B)

12% more funds holding in top 10

Funds holding in top 10: 185208 (+23)

12% more funds holding

Funds holding: 1,0451,167 (+122)

4.22% more ownership

Funds ownership: 86.96%91.18% (+4.2%)

Holders
1,167
Holders Change
+122
Holders Change %
+11.67%
% of All Funds
17.01%
Holding in Top 10
208
Holding in Top 10 Change
+23
Holding in Top 10 Change %
+12.43%
% of All Funds
3.03%
New
195
Increased
508
Reduced
353
Closed
56
Calls
$4.93M
Puts
$3.3M
Net Calls
+$1.63M
Net Calls Change
+$1.09M
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$3.94B +$103M +744,380 +3%
Morgan Stanley
2
Morgan Stanley
New York
$2.32B +$1.21B +8,725,763 +124%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$2.26B +$98.7M +712,957 +5%
LPL Financial
4
LPL Financial
California
$1.88B +$134M +966,687 +8%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$1.34B -$227M -1,638,843 -15%
Bank of America
6
Bank of America
North Carolina
$1.04B +$56.6M +408,785 +6%
BlackRock
7
BlackRock
New York
$781M -$50M -361,057 -6%
JP Morgan Chase
8
JP Morgan Chase
New York
$708M +$216M +1,558,843 +48%
Carson Wealth (CWM LLC)
9
Carson Wealth (CWM LLC)
Nebraska
$639M -$32.5M -234,572 -5%
UBS Group
10
UBS Group
Switzerland
$629M +$27.8M +200,655 +5%
Wells Fargo
11
Wells Fargo
California
$572M +$124M +897,256 +30%
KeyBank National Association
12
KeyBank National Association
Ohio
$544M +$22.4M +162,114 +5%
M&T Bank
13
M&T Bank
New York
$539M +$8.27M +59,771 +2%
Ameriprise
14
Ameriprise
Minnesota
$528M +$50.7M +366,388 +11%
Envestnet Portfolio Solutions
15
Envestnet Portfolio Solutions
Illinois
$414M +$35.7M +258,104 +10%
Osaic Holdings
16
Osaic Holdings
Arizona
$407M -$170M -1,229,975 -31%
BTI
17
Blue Trust Inc
Georgia
$371M -$18.8M -136,122 -5%
Mercer Global Advisors
18
Mercer Global Advisors
Colorado
$358M -$30.7M -221,572 -8%
Cerity Partners
19
Cerity Partners
New York
$350M +$6.86M +49,521 +2%
MML Investors Services
20
MML Investors Services
Massachusetts
$334M +$42M +303,136 +15%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$314M +$12.3M +88,753 +4%
FWI
22
Facet Wealth Inc
Maryland
$305M +$20.8M +150,125 +8%
PAS
23
Park Avenue Securities
New York
$287M +$13.1M +94,544 +5%
HI
24
Horizon Investments
North Carolina
$271M -$96.8M -699,197 -28%
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$232M +$121M +875,947 +125%

QUAL Hedge Fund Activity: Q4 2023 in Review

1,167 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2023, worth a combined $32.8B — up 21% from $27B a quarter earlier.

Buyers outnumbered sellers: 195 funds opened new QUAL positions and 56 closed out — a net gain of 139 holders — while 508 added to existing stakes and 353 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.21B. The largest seller was PNC Financial Services Group, cutting an estimated $227M.

  • 1,167 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2023, up from 1,045 in Q3 2023.
  • Funds reported $32.8B of iShares MSCI USA Quality Factor ETF stock for Q4 2023, up 21% quarter-over-quarter.
  • 195 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2023 and 56 closed out, a net change of +139 holders.
  • The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2023 was Morgan Stanley, an estimated $1.21B added.
  • The largest iShares MSCI USA Quality Factor ETF seller in Q4 2023 was PNC Financial Services Group, an estimated $227M sold.

Based on aggregated 13F filings for Q4 2023.