iShares MSCI USA Min Vol Factor ETF
USMV
1,127 hedge funds and large institutions have $20.8B invested in iShares MSCI USA Min Vol Factor ETF in 2023 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 448 increasing their positions, 446 reducing their positions, and 80 closing their positions.
4,706% more call options, than puts
Call options by funds: $2.45M | Put options by funds: $51K
6% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 80
0% more repeat investments, than reductions
Existing positions increased: 448 | Existing positions reduced: 446
2.4% less ownership
Funds ownership: 76.21% → 73.81% (-2.4%)
2% less funds holding
Funds holding: 1,155 → 1,127 (-28)
6% less funds holding in top 10
Funds holding in top 10: 145 → 137 (-8)
12% less capital invested
Capital invested by funds: $23.5B → $20.8B (-$2.75B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$204M |
| 2 |
SWG
Summit Wealth Group
White River Junction,
Vermont
|
+$160M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$79.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$62.5M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$560M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$551M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$309M |
| 4 |
BlackRock
New York
|
-$213M |
| 5 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$159M |
USMV Hedge Fund Activity: Q1 2023 in Review
1,127 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2023, worth a combined $20.8B — down 12% from $23.5B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new USMV positions and 80 closed out — a net gain of 5 holders — while 448 added to existing stakes and 446 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $204M. The largest seller was Fidelity Investments, cutting an estimated $560M.
- 1,127 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2023, down from 1,155 in Q4 2022.
- Funds reported $20.8B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2023, down 12% quarter-over-quarter.
- 85 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2023 and 80 closed out, a net change of +5 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $204M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2023 was Fidelity Investments, an estimated $560M sold.
Based on aggregated 13F filings for Q1 2023.