iShares MSCI USA Min Vol Factor ETF
USMV
85 hedge funds and large institutions have $805M invested in iShares MSCI USA Min Vol Factor ETF in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 11 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 23
17.99% more ownership
Funds ownership: 21.77% → 39.76% (+18%)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
5% more capital invested
Capital invested by funds: $765M → $805M (+$39.4M)
1% more funds holding
Funds holding: 84 → 85 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$42.2M |
| 2 |
NLI
Nippon Life Insurance
Tokyo,
Japan
|
+$20.9M |
| 3 |
SR
Swiss Reinsurance
Zurich,
Switzerland
|
+$14.7M |
| 4 |
SG Americas Securities
New York
|
+$8.89M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$87.2M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$9.71M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.36M |
| 4 |
JP Morgan Chase
New York
|
-$9.35M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8.39M |
USMV Hedge Fund Activity: Q3 2013 in Review
85 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q3 2013, worth a combined $805M — up 5.2% from $765M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new USMV positions and 11 closed out — a net gain of 1 holder — while 43 added to existing stakes and 23 trimmed.
The largest buyer was 3D Asset Management, adding an estimated $42.2M. The largest seller was Aegon USA Investment Management, cutting an estimated $87.2M.
- 85 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q3 2013, up from 84 in Q2 2013.
- Funds reported $805M of iShares MSCI USA Min Vol Factor ETF stock for Q3 2013, up 5.2% quarter-over-quarter.
- 12 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q3 2013 and 11 closed out, a net change of +1 holder.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q3 2013 was 3D Asset Management, an estimated $42.2M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q3 2013 was Aegon USA Investment Management, an estimated $87.2M sold.
Based on aggregated 13F filings for Q3 2013.