iShares MSCI USA Min Vol Factor ETF
USMV
153 hedge funds and large institutions have $2.1B invested in iShares MSCI USA Min Vol Factor ETF in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 31 reducing their positions, and 17 closing their positions.
152% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 31
59% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 17
25% more capital invested
Capital invested by funds: $1.68B → $2.1B (+$417M)
5% more funds holding
Funds holding: 146 → 153 (+7)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$58.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$55.9M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$32.2M |
| 4 |
BG
BlackRock Group
London,
United Kingdom
|
+$31.3M |
| 5 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$29.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$17.2M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$16.1M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$14.9M |
| 4 |
SAMT
Select Asset Management & Trust
Mechanicsburg,
Pennsylvania
|
-$13.8M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$11.1M |
USMV Hedge Fund Activity: Q1 2015 in Review
153 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2015, worth a combined $2.1B — up 25% from $1.68B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new USMV positions and 17 closed out — a net gain of 10 holders — while 78 added to existing stakes and 31 trimmed.
The largest buyer was Bank of America, adding an estimated $58.8M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $17.2M.
- 153 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2015, up from 146 in Q4 2014.
- Funds reported $2.1B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2015, up 25% quarter-over-quarter.
- 27 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2015 and 17 closed out, a net change of +10 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2015 was Bank of America, an estimated $58.8M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $17.2M sold.
Based on aggregated 13F filings for Q1 2015.