iShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV
122 hedge funds and large institutions have $735M invested in iShares MSCI USA Small-Cap Min Vol Factor ETF in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 39 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
2% more funds holding
Funds holding: 120 → 122 (+2)
8% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 39
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less capital invested
Capital invested by funds: $920M → $735M (-$185M)
26.45% less ownership
Funds ownership: 106.69% → 80.24% (-26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.41M |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$464K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$444K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$438K |
| 5 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$114M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
-$111M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.88M |
| 4 |
WFA
Wade Financial Advisory
Campbell,
California
|
-$1.88M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.26M |
SMMV Hedge Fund Activity: Q1 2024 in Review
122 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) for Q1 2024, worth a combined $735M — down 20% from $920M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SMMV positions and 13 closed out — a net gain of 5 holders — while 42 added to existing stakes and 39 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $9.41M. The largest seller was Envestnet Asset Management, cutting an estimated $114M.
- 122 institutional investors held iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) as of Q1 2024, up from 120 in Q4 2023.
- Funds reported $735M of iShares MSCI USA Small-Cap Min Vol Factor ETF stock for Q1 2024, down 20% quarter-over-quarter.
- 18 funds opened new iShares MSCI USA Small-Cap Min Vol Factor ETF positions in Q1 2024 and 13 closed out, a net change of +5 holders.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF buyer in Q1 2024 was Raymond James & Associates, an estimated $9.41M added.
- The largest iShares MSCI USA Small-Cap Min Vol Factor ETF seller in Q1 2024 was Envestnet Asset Management, an estimated $114M sold.
Based on aggregated 13F filings for Q1 2024.