iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
114 hedge funds and large institutions have $820M invested in iShares MSCI USA Small-Cap Min Vol Factor ETF in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 54 reducing their positions, and 14 closing their positions.
3.1% more ownership
Funds ownership: 100.69% → 103.79% (+3.1%)
1% more capital invested
Capital invested by funds: $811M → $820M (+$8.71M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 118 → 114 (-4)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
59% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$19.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$17.2M |
| 4 |
SGI
Summit Global Investments
Bountiful,
Utah
|
+$1.05M |
| 5 |
Jane Street
New York
|
+$924K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$11.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.88M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.1M |
| 4 |
Goldman Sachs
New York
|
-$1.07M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$647K |
SMMV Hedge Fund Activity: Q3 2023 in Review
114 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) for Q3 2023, worth a combined $820M — up 1.1% from $811M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SMMV and 12 opened new positions — a net loss of 2 holders — while 54 trimmed existing stakes and 22 added.
The largest buyer was Mercer Global Advisors, adding an estimated $19.8M. The largest seller was Bank of America, cutting an estimated $11.6M.
- 114 institutional investors held iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) as of Q3 2023, down from 118 in Q2 2023.
- Funds reported $820M of iShares MSCI USA Small-Cap Min Vol Factor ETF stock for Q3 2023, up 1.1% quarter-over-quarter.
- 12 funds opened new iShares MSCI USA Small-Cap Min Vol Factor ETF positions in Q3 2023 and 14 closed out, a net change of -2 holders.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF buyer in Q3 2023 was Mercer Global Advisors, an estimated $19.8M added.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF seller in Q3 2023 was Bank of America, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2023.