iShares MSCI USA Min Vol Factor ETF
USMV
612 hedge funds and large institutions have $12.5B invested in iShares MSCI USA Min Vol Factor ETF in 2018 Q4 according to their latest regulatory filings, with 165 funds opening new positions, 247 increasing their positions, 130 reducing their positions, and 37 closing their positions.
914% more call options, than puts
Call options by funds: $16M | Put options by funds: $1.58M
346% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 37
90% more repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 130
68% more funds holding in top 10
Funds holding in top 10: 80 → 134 (+54)
25% more funds holding
Funds holding: 488 → 612 (+124)
20% more capital invested
Capital invested by funds: $10.4B → $12.5B (+$2.09B)
3.97% more ownership
Funds ownership: 63.36% → 67.33% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$444M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$256M |
| 3 |
S
SignatureFD
Atlanta,
Georgia
|
+$156M |
| 4 |
Morgan Stanley
New York
|
+$121M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$375M |
| 2 |
QI
QS Investors
New York
|
-$36.5M |
| 3 |
NIMI
Natixis Investment Managers International
Paris,
France
|
-$24.7M |
| 4 |
EMPI
Elo Mutual Pension Insurance
Espoo,
Finland
|
-$14.6M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$12.4M |
USMV Hedge Fund Activity: Q4 2018 in Review
612 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2018, worth a combined $12.5B — up 20% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 165 funds opened new USMV positions and 37 closed out — a net gain of 128 holders — while 247 added to existing stakes and 130 trimmed.
The largest buyer was Bank of America, adding an estimated $444M. The largest seller was Cornerstone Wealth Management, cutting an estimated $375M.
- 612 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2018, up from 488 in Q3 2018.
- Funds reported $12.5B of iShares MSCI USA Min Vol Factor ETF stock for Q4 2018, up 20% quarter-over-quarter.
- 165 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2018 and 37 closed out, a net change of +128 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2018 was Bank of America, an estimated $444M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2018 was Cornerstone Wealth Management, an estimated $375M sold.
Based on aggregated 13F filings for Q4 2018.