iShares MSCI USA Min Vol Factor ETF
USMV
488 hedge funds and large institutions have $10.4B invested in iShares MSCI USA Min Vol Factor ETF in 2018 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 219 increasing their positions, 134 reducing their positions, and 29 closing their positions.
93% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 29
63% more repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 134
25% more funds holding in top 10
Funds holding in top 10: 64 → 80 (+16)
23% more capital invested
Capital invested by funds: $8.51B → $10.4B (+$1.93B)
5% more funds holding
Funds holding: 463 → 488 (+25)
3.54% more ownership
Funds ownership: 59.83% → 63.36% (+3.5%)
5% less call options, than puts
Call options by funds: $964K | Put options by funds: $1.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCC
Dow Chemical Company
Midland,
Michigan
|
+$224M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$180M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$84.6M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$80.4M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$67.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$62.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$55.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$34.4M |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$8.94M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$8.91M |
USMV Hedge Fund Activity: Q3 2018 in Review
488 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q3 2018, worth a combined $10.4B — up 23% from $8.51B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new USMV positions and 29 closed out — a net gain of 27 holders — while 219 added to existing stakes and 134 trimmed.
The largest buyer was Dow Chemical Company, opening a new position worth an estimated $224M. The largest seller was Cornerstone Wealth Management, cutting an estimated $62.1M.
- 488 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q3 2018, up from 463 in Q2 2018.
- Funds reported $10.4B of iShares MSCI USA Min Vol Factor ETF stock for Q3 2018, up 23% quarter-over-quarter.
- 56 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q3 2018 and 29 closed out, a net change of +27 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q3 2018 was Dow Chemical Company, an estimated $224M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q3 2018 was Cornerstone Wealth Management, an estimated $62.1M sold.
Based on aggregated 13F filings for Q3 2018.