iShares MSCI USA Min Vol Factor ETF
USMV
692 hedge funds and large institutions have $18.4B invested in iShares MSCI USA Min Vol Factor ETF in 2019 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 371 increasing their positions, 153 reducing their positions, and 30 closing their positions.
167% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 30
142% more repeat investments, than reductions
Existing positions increased: 371 | Existing positions reduced: 153
19% more funds holding in top 10
Funds holding in top 10: 145 → 173 (+28)
15% more capital invested
Capital invested by funds: $16B → $18.4B (+$2.4B)
6% more funds holding
Funds holding: 655 → 692 (+37)
1.68% less ownership
Funds ownership: 66.32% → 64.65% (-1.7%)
48% less call options, than puts
Call options by funds: $17.8M | Put options by funds: $34.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$168M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$113M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$101M |
| 4 |
Morgan Stanley
New York
|
+$96.1M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$73.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$39.6M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$37.6M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$30.8M |
| 4 |
LFGH
Lee Financial Group Hawaii
Honolulu,
Hawaii
|
-$16.7M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.6M |
USMV Hedge Fund Activity: Q2 2019 in Review
692 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q2 2019, worth a combined $18.4B — up 15% from $16B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new USMV positions and 30 closed out — a net gain of 50 holders — while 371 added to existing stakes and 153 trimmed.
The largest buyer was Bank of America, adding an estimated $168M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $39.6M.
- 692 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q2 2019, up from 655 in Q1 2019.
- Funds reported $18.4B of iShares MSCI USA Min Vol Factor ETF stock for Q2 2019, up 15% quarter-over-quarter.
- 80 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q2 2019 and 30 closed out, a net change of +50 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q2 2019 was Bank of America, an estimated $168M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q2 2019 was Manulife (Manufacturers Life Insurance), an estimated $39.6M sold.
Based on aggregated 13F filings for Q2 2019.