iShares MSCI USA Min Vol Factor ETF
USMV
103 hedge funds and large institutions have $952M invested in iShares MSCI USA Min Vol Factor ETF in 2014 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
8% more funds holding
Funds holding: 95 → 103 (+8)
1% less capital invested
Capital invested by funds: $962M → $952M (-$10M)
23% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.1M |
| 2 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$17.5M |
| 3 |
Citigroup
New York
|
+$3.54M |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$3.32M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$18.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.9M |
| 3 |
SR
Swiss Reinsurance
Zurich,
Switzerland
|
-$10.3M |
| 4 |
Morgan Stanley
New York
|
-$7.79M |
| 5 |
BlackRock
New York
|
-$7.59M |
USMV Hedge Fund Activity: Q1 2014 in Review
103 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2014, worth a combined $952M — down 1% from $962M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new USMV positions and 11 closed out — a net gain of 8 holders — while 30 added to existing stakes and 39 trimmed.
The largest buyer was Ameriprise, adding an estimated $24.1M. The largest seller was SG Americas Securities, cutting an estimated $18.3M.
- 103 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2014, up from 95 in Q4 2013.
- Funds reported $952M of iShares MSCI USA Min Vol Factor ETF stock for Q1 2014, down 1% quarter-over-quarter.
- 19 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2014 and 11 closed out, a net change of +8 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2014 was Ameriprise, an estimated $24.1M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2014 was SG Americas Securities, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2014.