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iShares MSCI USA Min Vol Factor ETF
USMV

103 hedge funds and large institutions have $952M invested in iShares MSCI USA Min Vol Factor ETF in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 11

15% more funds holding in top 10

Funds holding in top 10: 13 → 15 (+2)

8% more funds holding

Funds holding: 95 → 103 (+8)

0.67% less ownership

Funds ownership: 39.79% → 39.12% (-0.67%)

1% less capital invested

Capital invested by funds: $962M → $952M (-$10M)

23% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 39

Holders
103
Holders Change
+8
Holders Change %
+8.42%
% of All Funds
2.97%
Holding in Top 10
15
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+15.38%
% of All Funds
0.43%
New
19
Increased
30
Reduced
39
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Ameriprise
Ameriprise
Minnesota
+$24.1M
2
CIA
Choate Investment Advisors
Massachusetts
+$17.5M
3
Citigroup
Citigroup
New York
+$3.54M
4
CFA
Carroll Financial Associates
North Carolina
+$3.32M
5
Fidelity Investments
Fidelity Investments
Massachusetts
+$2.48M

Top Sellers

Rank Fund Capital Flow
1
SG Americas Securities
SG Americas Securities
New York
-$18.3M
2
Bank of America
Bank of America
North Carolina
-$16.9M
3
SR
Swiss Reinsurance
Switzerland
-$10.3M
4
Morgan Stanley
Morgan Stanley
New York
-$7.79M
5
BlackRock
BlackRock
New York
-$7.59M
Name Holding Trade Value Shares
Change 		Change in
Stake
WCM
76
Wisconsin Capital Management
Wisconsin
$308K +$3.54K +100 +1%
AA
77
Ancora Advisors
Ohio
$305K – – –
Bank of Montreal
78
Bank of Montreal
Ontario, Canada
$297K -$31.8K -900 -10%
ICAS
79
Investors Capital Advisory Services
Massachusetts
$290K +$23.1K +652 +9%
PJSIMP
80
P.J. Schmidt Investment Management (PJS)
Wisconsin
$268K -$87.5K -2,474 -25%
HCA
81
Harbour Capital Advisors
Virginia
$264K – – –
MA
82
MUFG Americas
New York
$262K +$257K +7,280 New
PNC Financial Services Group
83
PNC Financial Services Group
Pennsylvania
$257K +$252K +7,128 New
Axa
84
Axa
France
$256K – – –
VFS
85
VSR Financial Services
Kansas
$250K +$4.46K +126 +2%
PAG
86
Private Advisor Group
New Jersey
$237K +$233K +6,580 New
LI
87
LVZ Inc
Michigan
$224K +$219K +6,204 New
LG
88
Laidlaw Group
New York
$218K +$214K +6,050 New
GI
89
Glovista Investments
New Jersey
$209K +$205K +5,800 New
CWM
90
Concert Wealth Management
California
$201K +$204K +5,778 New
CLOS
91
Compagnie Lombard Odier SCmA
Switzerland
$180K – – –
NES
92
New England Securities
New York
$177K -$23K -650 -12%
PTC
93
Private Trust Company
Ohio
$145K – – –
QLMGAA
94
QS Legg Mason Global Asset Allocation
New York
$102K +$99.5K +2,814 New
BHB
95
Bank Hapoalim BM
Israel
$89K +$86.3K +2,440 New
DADC
96
D.A. Davidson & Co
Montana
$52K – – –
HF
97
Hoxton Financial
West Virginia
$49K – – –
WA
98
WFG Advisors
Texas
$30K +$29K +820 New
SF
99
Synovus Financial
Georgia
$25K – – –
Northwestern Mutual Wealth Management
100
Northwestern Mutual Wealth Management
Wisconsin
$13K +$12.8K +362 New
1 2 3
4
5

USMV Hedge Fund Activity: Q1 2014 in Review

103 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2014, worth a combined $952M — down 1% from $962M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new USMV positions and 11 closed out — a net gain of 8 holders — while 30 added to existing stakes and 39 trimmed.

The largest buyer was Ameriprise, adding an estimated $24.1M. The largest seller was SG Americas Securities, cutting an estimated $18.3M.

  • 103 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2014, up from 95 in Q4 2013.
  • Funds reported $952M of iShares MSCI USA Min Vol Factor ETF stock for Q1 2014, down 1% quarter-over-quarter.
  • 19 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2014 and 11 closed out, a net change of +8 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2014 was Ameriprise, an estimated $24.1M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2014 was SG Americas Securities, an estimated $18.3M sold.

Based on aggregated 13F filings for Q1 2014.