iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
97 hedge funds and large institutions have $305M invested in iShares MSCI USA Small-Cap Min Vol Factor ETF in 2020 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
9% more funds holding
Funds holding: 89 → 97 (+8)
5.32% less ownership
Funds ownership: 71.47% → 66.15% (-5.3%)
11% less capital invested
Capital invested by funds: $345M → $305M (-$39.6M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$33.5M |
| 2 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
+$16.3M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$8.34M |
| 4 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$5.73M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCFFS
Pacific Center for Financial Services
San Ramon,
California
|
-$7.89M |
| 2 |
FP
Fiduciary Planning
Englewood,
Florida
|
-$7.75M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$6.63M |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
-$5.71M |
| 5 |
CI
CX Institutional
Auburn,
Indiana
|
-$5.08M |
SMMV Hedge Fund Activity: Q1 2020 in Review
97 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) for Q1 2020, worth a combined $305M — down 11% from $345M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SMMV positions and 14 closed out — a net gain of 13 holders — while 39 added to existing stakes and 26 trimmed.
The largest buyer was Bank of America, adding an estimated $33.5M. The largest seller was Pacific Center for Financial Services, cutting an estimated $7.89M.
- 97 institutional investors held iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) as of Q1 2020, up from 89 in Q4 2019.
- Funds reported $305M of iShares MSCI USA Small-Cap Min Vol Factor ETF stock for Q1 2020, down 11% quarter-over-quarter.
- 27 funds opened new iShares MSCI USA Small-Cap Min Vol Factor ETF positions in Q1 2020 and 14 closed out, a net change of +13 holders.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF buyer in Q1 2020 was Bank of America, an estimated $33.5M added.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF seller in Q1 2020 was Pacific Center for Financial Services, an estimated $7.89M sold.
Based on aggregated 13F filings for Q1 2020.