iShares MSCI USA Quality Factor ETF
QUAL
1,169 hedge funds and large institutions have $31.7B invested in iShares MSCI USA Quality Factor ETF in 2023 Q4 according to their latest regulatory filings, with 198 funds opening new positions, 508 increasing their positions, 352 reducing their positions, and 56 closing their positions.
254% more first-time investments, than exits
New positions opened: 198 | 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: 352
17% more capital invested
Capital invested by funds: $27B → $31.7B (+$4.65B)
12% more funds holding in top 10
Funds holding in top 10: 186 → 209 (+23)
12% more funds holding
Funds holding: 1,044 → 1,169 (+125)
1.05% more ownership
Funds ownership: 86.82% → 87.87% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$216M |
| 2 |
LPL Financial
San Diego,
California
|
+$134M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$124M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$121M |
| 5 |
Morgan Stanley
New York
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$227M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$170M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$96.8M |
| 4 |
SC
Savant Capital
Rockford,
Illinois
|
-$73.6M |
| 5 |
BlackRock
New York
|
-$50M |
QUAL Hedge Fund Activity: Q4 2023 in Review
1,169 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q4 2023, worth a combined $31.7B — up 17% from $27B a quarter earlier.
Buyers outnumbered sellers: 198 funds opened new QUAL positions and 56 closed out — a net gain of 142 holders — while 508 added to existing stakes and 352 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $216M. The largest seller was PNC Financial Services Group, cutting an estimated $227M.
- 1,169 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q4 2023, up from 1,044 in Q3 2023.
- Funds reported $31.7B of iShares MSCI USA Quality Factor ETF stock for Q4 2023, up 17% quarter-over-quarter.
- 198 funds opened new iShares MSCI USA Quality Factor ETF positions in Q4 2023 and 56 closed out, a net change of +142 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q4 2023 was JP Morgan Chase, an estimated $216M 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.