iShares MSCI USA Quality Factor ETF
QUAL
1,656 hedge funds and large institutions have $40.3B invested in iShares MSCI USA Quality Factor ETF in 2026 Q1 according to their latest regulatory filings, with 127 funds opening new positions, 629 increasing their positions, 637 reducing their positions, and 76 closing their positions.
67% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 76
1% more funds holding
Funds holding: 1,633 → 1,656 (+23)
0.95% more ownership
Funds ownership: 85.31% → 86.26% (+0.95%)
1% less capital invested
Capital invested by funds: $40.8B → $40.3B (-$509M)
1% less repeat investments, than reductions
Existing positions increased: 629 | Existing positions reduced: 637
5% less funds holding in top 10
Funds holding in top 10: 185 → 175 (-10)
93% less call options, than puts
Call options by funds: $2.95M | Put options by funds: $40.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$473M |
| 2 |
RBA
Richard Bernstein Advisors
New York
|
+$357M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$294M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$208M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$140M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$86.8M |
| 3 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$86.6M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$71.5M |
| 5 |
Two Sigma Investments
New York
|
-$63.6M |
QUAL Hedge Fund Activity: Q1 2026 in Review
1,656 of the 8,207 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Quality Factor ETF (QUAL) for Q1 2026, worth a combined $40.3B — down 1.2% from $40.8B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new QUAL positions and 76 closed out — a net gain of 51 holders — while 629 added to existing stakes and 637 trimmed.
The largest buyer was Bank of America, adding an estimated $473M. The largest seller was Goldman Sachs, cutting an estimated $140M.
- 1,656 institutional investors held iShares MSCI USA Quality Factor ETF (QUAL) as of Q1 2026, up from 1,633 in Q4 2025.
- Funds reported $40.3B of iShares MSCI USA Quality Factor ETF stock for Q1 2026, down 1.2% quarter-over-quarter.
- 127 funds opened new iShares MSCI USA Quality Factor ETF positions in Q1 2026 and 76 closed out, a net change of +51 holders.
- The largest iShares MSCI USA Quality Factor ETF buyer in Q1 2026 was Bank of America, an estimated $473M added.
- The largest iShares MSCI USA Quality Factor ETF seller in Q1 2026 was Goldman Sachs, an estimated $140M sold.
Based on aggregated 13F filings for Q1 2026.