iShares MSCI USA Min Vol Factor ETF
USMV
1,024 hedge funds and large institutions have $22.9B invested in iShares MSCI USA Min Vol Factor ETF in 2020 Q4 according to their latest regulatory filings, with 200 funds opening new positions, 313 increasing their positions, 401 reducing their positions, and 60 closing their positions.
417% more call options, than puts
Call options by funds: $23.2M | Put options by funds: $4.48M
233% more first-time investments, than exits
New positions opened: 200 | Existing positions closed: 60
14% more funds holding
Funds holding: 900 → 1,024 (+124)
1.65% more ownership
Funds ownership: 66.88% → 68.53% (+1.6%)
1% more capital invested
Capital invested by funds: $22.7B → $22.9B (+$177M)
0% more funds holding in top 10
Funds holding in top 10: 210 → 211 (+1)
22% less repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 401
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$104M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$53.5M |
| 3 |
Capstone Investment Advisors
New York
|
+$32.5M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$31M |
| 5 |
Morgan Stanley
New York
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$290M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$144M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$140M |
| 4 |
CC
Cassaday & Co
Mclean,
Virginia
|
-$138M |
| 5 |
EMPI
Elo Mutual Pension Insurance
Espoo,
Finland
|
-$105M |
USMV Hedge Fund Activity: Q4 2020 in Review
1,024 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2020, worth a combined $22.9B — up 0.78% from $22.7B a quarter earlier.
Buyers outnumbered sellers: 200 funds opened new USMV positions and 60 closed out — a net gain of 140 holders — while 313 added to existing stakes and 401 trimmed.
The largest buyer was FormulaFolio Investments, opening a new position worth an estimated $104M. The largest seller was LPL Financial, cutting an estimated $290M.
- 1,024 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2020, up from 900 in Q3 2020.
- Funds reported $22.9B of iShares MSCI USA Min Vol Factor ETF stock for Q4 2020, up 0.78% quarter-over-quarter.
- 200 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2020 and 60 closed out, a net change of +140 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2020 was FormulaFolio Investments, an estimated $104M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2020 was LPL Financial, an estimated $290M sold.
Based on aggregated 13F filings for Q4 2020.