iShares MSCI USA Min Vol Factor ETF
USMV
923 hedge funds and large institutions have $24.5B invested in iShares MSCI USA Min Vol Factor ETF in 2019 Q4 according to their latest regulatory filings, with 213 funds opening new positions, 377 increasing their positions, 232 reducing their positions, and 43 closing their positions.
395% more first-time investments, than exits
New positions opened: 213 | Existing positions closed: 43
162% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $7.86M
63% more repeat investments, than reductions
Existing positions increased: 377 | Existing positions reduced: 232
21% more funds holding
Funds holding: 765 → 923 (+158)
20% more funds holding in top 10
Funds holding in top 10: 208 → 250 (+42)
7% more capital invested
Capital invested by funds: $22.9B → $24.5B (+$1.58B)
0.24% less ownership
Funds ownership: 65.86% → 65.61% (-0.24%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$357M |
| 2 |
CC
Cassaday & Co
Mclean,
Virginia
|
+$161M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$119M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$103M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$91.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$434M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$163M |
| 3 |
VAG
VisionPoint Advisory Group
Dallas,
Texas
|
-$86.7M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$69.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$61.9M |
USMV Hedge Fund Activity: Q4 2019 in Review
923 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2019, worth a combined $24.5B — up 6.9% from $22.9B a quarter earlier.
Buyers outnumbered sellers: 213 funds opened new USMV positions and 43 closed out — a net gain of 170 holders — while 377 added to existing stakes and 232 trimmed.
The largest buyer was Wells Fargo, adding an estimated $357M. The largest seller was Envestnet Asset Management, cutting an estimated $434M.
- 923 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2019, up from 765 in Q3 2019.
- Funds reported $24.5B of iShares MSCI USA Min Vol Factor ETF stock for Q4 2019, up 6.9% quarter-over-quarter.
- 213 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2019 and 43 closed out, a net change of +170 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2019 was Wells Fargo, an estimated $357M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2019 was Envestnet Asset Management, an estimated $434M sold.
Based on aggregated 13F filings for Q4 2019.