iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
118 hedge funds and large institutions have $811M invested in iShares MSCI USA Small-Cap Min Vol Factor ETF in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 17 closing their positions.
2.77% more ownership
Funds ownership: 97.92% → 100.69% (+2.8%)
4% more capital invested
Capital invested by funds: $779M → $811M (+$31.6M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 126 → 118 (-8)
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$20.6M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$17.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$12.3M |
| 4 |
SGI
Summit Global Investments
Bountiful,
Utah
|
+$3.85M |
| 5 |
WMR
Wealth Management Resources
Smithfield,
Rhode Island
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Professional Financial Advisors
North Platte,
Nebraska
|
-$2.13M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.11M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.84M |
| 4 |
FFWM
Future Financial Wealth Management
Cincinnati,
Ohio
|
-$1.56M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.53M |
SMMV Hedge Fund Activity: Q2 2023 in Review
118 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) for Q2 2023, worth a combined $811M — up 4.1% from $779M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SMMV and 9 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 37 added.
The largest buyer was Mercer Global Advisors, adding an estimated $20.6M. The largest seller was Professional Financial Advisors, exiting entirely with an estimated $2.13M sold.
- 118 institutional investors held iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) as of Q2 2023, down from 126 in Q1 2023.
- Funds reported $811M of iShares MSCI USA Small-Cap Min Vol Factor ETF stock for Q2 2023, up 4.1% quarter-over-quarter.
- 9 funds opened new iShares MSCI USA Small-Cap Min Vol Factor ETF positions in Q2 2023 and 17 closed out, a net change of -8 holders.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF buyer in Q2 2023 was Mercer Global Advisors, an estimated $20.6M added.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF seller in Q2 2023 was Professional Financial Advisors, an estimated $2.13M sold.
Based on aggregated 13F filings for Q2 2023.