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iShares MSCI USA Min Vol Factor ETF

276 hedge funds and large institutions have $6.63B invested in iShares MSCI USA Min Vol Factor ETF in 2016 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 136 increasing their positions, 43 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

380% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 15

216% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 43

141% more call options, than puts

Call options by funds: $2.49M | Put options by funds: $1.03M

81% more capital invested

Capital invested by funds: $3.67B → $6.63B (+$2.96B)

38% more funds holding in top 10

Funds holding in top 10: 4562 (+17)

25% more funds holding

Funds holding: 220276 (+56)

6.28% more ownership

Funds ownership: 53.98%60.25% (+6.3%)

Holders
276
Holders Change
+56
Holders Change %
+25.45%
% of All Funds
7.35%
Holding in Top 10
62
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+37.78%
% of All Funds
1.65%
New
72
Increased
136
Reduced
43
Closed
15
Calls
$2.49M
Puts
$1.03M
Net Calls
+$1.46M
Net Calls Change
+$1.78M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$888M +$345M +8,283,016 +69%
Wells Fargo
2
Wells Fargo
California
$503M +$210M +5,051,430 +79%
Morgan Stanley
3
Morgan Stanley
New York
$426M +$164M +3,932,996 +68%
LPL Financial
4
LPL Financial
California
$414M +$188M +4,521,726 +92%
UBS Group
5
UBS Group
Switzerland
$338M +$172M +4,133,030 +116%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$250M -$3.51M -84,471 -1%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$206M +$151M +3,619,193 +335%
SAS
8
Sage Advisory Services
Texas
$200M +$190M +4,560,796 New
Ameriprise
9
Ameriprise
Minnesota
$200M +$41.8M +1,003,597 +28%
State Street
10
State Street
Massachusetts
$163M +$1.47M +35,244 +1%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$137M +$57.2M +1,374,716 +79%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$115M +$57.1M +1,372,691 +109%
CFA
13
Carroll Financial Associates
North Carolina
$79.8M +$6.75M +162,258 +10%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$78.2M +$42.4M +1,019,786 +134%
USAA
15
United Services Automobile Association
Texas
$77.9M -$606K -14,560 -0.8%
US Bancorp
16
US Bancorp
Minnesota
$76.8M +$25.5M +612,705 +54%
QI
17
QS Investors
New York
$74M +$34.2M +822,223 +95%
FA
18
FDx Advisors
Illinois
$73.6M +$69.7M +1,675,802 New
SEI Investments
19
SEI Investments
Pennsylvania
$67.5M +$9.55M +229,526 +18%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$62.4M +$58.6M +1,407,428 +11,285%
AWA
21
ARS Wealth Advisors
Florida
$60M +$1.91M +45,968 +3%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$52.3M +$24.7M +594,546 +100%
Allianz Asset Management
23
Allianz Asset Management
Germany
$52.2M +$13.4M +322,457 +37%
AIM
24
Astor Investment Management
Illinois
$51.7M -$3.02M -72,709 -6%
FWP
25
FAS Wealth Partners
Kansas
$51.6M +$2.57M +61,752 +6%

USMV Hedge Fund Activity: Q1 2016 in Review

276 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2016, worth a combined $6.63B — up 81% from $3.67B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new USMV positions and 15 closed out — a net gain of 57 holders — while 136 added to existing stakes and 43 trimmed.

The largest buyer was Bank of America, adding an estimated $345M. The largest seller was Fidelity Investments, cutting an estimated $15.8M.

  • 276 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2016, up from 220 in Q4 2015.
  • Funds reported $6.63B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2016, up 81% quarter-over-quarter.
  • 72 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2016 and 15 closed out, a net change of +57 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2016 was Bank of America, an estimated $345M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2016 was Fidelity Investments, an estimated $15.8M sold.

Based on aggregated 13F filings for Q1 2016.