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iShares MSCI USA Min Vol Factor ETF

313 hedge funds and large institutions have $8.26B invested in iShares MSCI USA Min Vol Factor ETF in 2016 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 139 increasing their positions, 105 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 14

39% more call options, than puts

Call options by funds: $12.3M | Put options by funds: $8.9M

32% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 105

8% more funds holding

Funds holding: 291313 (+22)

4% more funds holding in top 10

Funds holding in top 10: 7073 (+3)

1.38% more ownership

Funds ownership: 55.87%57.25% (+1.4%)

3% more capital invested

Capital invested by funds: $8B → $8.26B (+$262M)

Holders
313
Holders Change
+22
Holders Change %
+7.56%
% of All Funds
8.35%
Holding in Top 10
73
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+4.29%
% of All Funds
1.95%
New
40
Increased
139
Reduced
105
Closed
14
Calls
$12.3M
Puts
$8.9M
Net Calls
+$3.44M
Net Calls Change
+$132K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.38B +$140M +3,034,968 +11%
Wells Fargo
2
Wells Fargo
California
$505M -$59.1M -1,277,981 -10%
Morgan Stanley
3
Morgan Stanley
New York
$481M -$69.2M -1,495,837 -12%
UBS Group
4
UBS Group
Switzerland
$400M +$28M +604,152 +7%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$288M +$10.1M +218,421 +4%
NLI
6
Nippon Life Insurance
Japan
$244M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$213M -$10.8M -233,763 -5%
SAS
8
Sage Advisory Services
Texas
$202M -$1.08M -23,267 -0.5%
Ameriprise
9
Ameriprise
Minnesota
$196M -$44.1M -951,903 -18%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$188M +$76M +1,642,781 +66%
State Street
11
State Street
Massachusetts
$186M +$22.7M +489,984 +14%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$183M +$19.7M +426,174 +12%
Citigroup
13
Citigroup
New York
$168M +$63.2M +1,365,300 +59%
Mariner
14
Mariner
Kansas
$153M +$93.8M +2,027,901 +151%
US Bancorp
15
US Bancorp
Minnesota
$128M +$16.8M +362,349 +15%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$126M -$35.7M -771,750 -22%
JP Morgan Chase
17
JP Morgan Chase
New York
$119M +$88.5M +1,912,030 +270%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$116M +$9.69M +209,372 +9%
CSIA
19
Charles Schwab Investment Advisory
California
$105M -$677K -14,631 -0.6%
BIM
20
BlackRock Investment Management
Delaware
$104M +$71.2M +1,538,441 +205%
SEI Investments
21
SEI Investments
Pennsylvania
$88.7M +$7.17M +155,006 +9%
FA
22
FDx Advisors
Illinois
$80.9M +$5.51M +119,091 +7%
BA
23
BlackRock Advisors
Delaware
$79.3M +$48.7M +1,052,347 +152%
CFA
24
Carroll Financial Associates
North Carolina
$78.4M +$1.81M +39,122 +2%
RJA
25
Raymond James & Associates
Florida
$70.7M +$13.3M +286,338 +23%

USMV Hedge Fund Activity: Q3 2016 in Review

313 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q3 2016, worth a combined $8.26B — up 3.3% from $8B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new USMV positions and 14 closed out — a net gain of 26 holders — while 139 added to existing stakes and 105 trimmed.

The largest buyer was Bank of America, adding an estimated $140M. The largest seller was Fidelity Investments, cutting an estimated $158M.

  • 313 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q3 2016, up from 291 in Q2 2016.
  • Funds reported $8.26B of iShares MSCI USA Min Vol Factor ETF stock for Q3 2016, up 3.3% quarter-over-quarter.
  • 40 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q3 2016 and 14 closed out, a net change of +26 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q3 2016 was Bank of America, an estimated $140M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q3 2016 was Fidelity Investments, an estimated $158M sold.

Based on aggregated 13F filings for Q3 2016.