iShares MSCI USA Min Vol Factor ETF
USMV
95 hedge funds and large institutions have $962M invested in iShares MSCI USA Min Vol Factor ETF in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 25 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
64% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 25
20% more capital invested
Capital invested by funds: $805M → $962M (+$157M)
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
12% more funds holding
Funds holding: 85 → 95 (+10)
0.03% more ownership
Funds ownership: 39.76% → 39.79% (+0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$24.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$15.2M |
| 3 |
SG Americas Securities
New York
|
+$10.6M |
| 4 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$7.73M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$13.9M |
| 2 |
Morgan Stanley
New York
|
-$10.6M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.8M |
| 4 |
IFA
Interactive Financial Advisors
New Lenox,
Illinois
|
-$3.49M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
-$3.03M |
USMV Hedge Fund Activity: Q4 2013 in Review
95 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2013, worth a combined $962M — up 20% from $805M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new USMV positions and 4 closed out — a net gain of 12 holders — while 41 added to existing stakes and 25 trimmed.
The largest buyer was Allstate Corporation, adding an estimated $24.6M. The largest seller was Brinker Capital Investments, cutting an estimated $13.9M.
- 95 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2013, up from 85 in Q3 2013.
- Funds reported $962M of iShares MSCI USA Min Vol Factor ETF stock for Q4 2013, up 20% quarter-over-quarter.
- 16 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2013 and 4 closed out, a net change of +12 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2013 was Allstate Corporation, an estimated $24.6M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2013 was Brinker Capital Investments, an estimated $13.9M sold.
Based on aggregated 13F filings for Q4 2013.