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iShares MSCI USA Min Vol Factor ETF

328 hedge funds and large institutions have $6.68B invested in iShares MSCI USA Min Vol Factor ETF in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 91 increasing their positions, 150 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 35

41% more call options, than puts

Call options by funds: $10.2M | Put options by funds: $7.21M

5% more funds holding

Funds holding: 313328 (+15)

3.08% less ownership

Funds ownership: 57.25%54.17% (-3.1%)

11% less funds holding in top 10

Funds holding in top 10: 7365 (-8)

19% less capital invested

Capital invested by funds: $8.26B → $6.68B (-$1.59B)

39% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 150

Holders
328
Holders Change
+15
Holders Change %
+4.79%
% of All Funds
8.2%
Holding in Top 10
65
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-10.96%
% of All Funds
1.63%
New
55
Increased
91
Reduced
150
Closed
35
Calls
$10.2M
Puts
$7.21M
Net Calls
+$2.95M
Net Calls Change
-$495K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.03B -$334M -7,493,522 -25%
Morgan Stanley
2
Morgan Stanley
New York
$384M -$93.6M -2,097,699 -20%
Wells Fargo
3
Wells Fargo
California
$336M -$164M -3,673,933 -33%
UBS Group
4
UBS Group
Switzerland
$304M -$92.9M -2,081,057 -24%
Manulife (Manufacturers Life Insurance)
5
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$277M -$9.31M -208,563 -3%
NLI
6
Nippon Life Insurance
Japan
$243M
Citigroup
7
Citigroup
New York
$241M +$73.2M +1,641,080 +44%
Ameriprise
8
Ameriprise
Minnesota
$180M -$16.4M -366,523 -8%
State Street
9
State Street
Massachusetts
$156M -$29.1M -652,349 -16%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$155M -$31.7M -710,920 -17%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$127M -$54.2M -1,215,688 -30%
Mariner
12
Mariner
Kansas
$126M -$26M -582,106 -17%
BIM
13
BlackRock Investment Management
Delaware
$121M +$17.2M +385,972 +17%
US Bancorp
14
US Bancorp
Minnesota
$114M -$13.1M -294,057 -10%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$110M -$14.6M -326,828 -12%
CSIA
16
Charles Schwab Investment Advisory
California
$104M -$671K -15,040 -0.6%
SEI Investments
17
SEI Investments
Pennsylvania
$87.8M -$517K -11,595 -0.6%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$80.8M -$34.5M -773,823 -30%
CFA
19
Carroll Financial Associates
North Carolina
$77.2M -$842K -18,860 -1%
SAM
20
Securian Asset Management
Minnesota
$76.7M +$13.1M +294,150 +21%
BA
21
BlackRock Advisors
Delaware
$74.1M -$4.75M -106,437 -6%
AF
22
Allworth Financial
California
$65.4M +$4.74M +106,137 +8%
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$65M +$64.2M +1,437,979 New
QI
24
QS Investors
New York
$63.5M +$3.8M +85,248 +6%
Allianz Asset Management
25
Allianz Asset Management
Germany
$62.7M +$360K +8,076 +0.6%

USMV Hedge Fund Activity: Q4 2016 in Review

328 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2016, worth a combined $6.68B — down 19% from $8.26B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new USMV positions and 35 closed out — a net gain of 20 holders — while 91 added to existing stakes and 150 trimmed.

The largest buyer was Citigroup, adding an estimated $73.2M. The largest seller was Bank of America, cutting an estimated $334M.

  • 328 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2016, up from 313 in Q3 2016.
  • Funds reported $6.68B of iShares MSCI USA Min Vol Factor ETF stock for Q4 2016, down 19% quarter-over-quarter.
  • 55 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2016 and 35 closed out, a net change of +20 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2016 was Citigroup, an estimated $73.2M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2016 was Bank of America, an estimated $334M sold.

Based on aggregated 13F filings for Q4 2016.