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iShares MSCI USA Min Vol Factor ETF

655 hedge funds and large institutions have $16B invested in iShares MSCI USA Min Vol Factor ETF in 2019 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 330 increasing their positions, 153 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

479% more call options, than puts

Call options by funds: $16.9M | Put options by funds: $2.93M

136% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 39

116% more repeat investments, than reductions

Existing positions increased: 330 | Existing positions reduced: 153

28% more capital invested

Capital invested by funds: $12.5B → $16B (+$3.45B)

8% more funds holding in top 10

Funds holding in top 10: 134145 (+11)

7% more funds holding

Funds holding: 612655 (+43)

1.01% less ownership

Funds ownership: 67.33%66.32% (-1%)

Holders
655
Holders Change
+43
Holders Change %
+7.03%
% of All Funds
14.18%
Holding in Top 10
145
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+8.21%
% of All Funds
3.14%
New
92
Increased
330
Reduced
153
Closed
39
Calls
$16.9M
Puts
$2.93M
Net Calls
+$14M
Net Calls Change
-$453K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$1.76B +$137M +2,451,473 +9%
RJA
2
Raymond James & Associates
Florida
$1.2B +$371M +6,620,254 +48%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$757M +$17.6M +314,329 +3%
Morgan Stanley
4
Morgan Stanley
New York
$652M +$78.1M +1,393,453 +14%
Wells Fargo
5
Wells Fargo
California
$633M +$56.4M +1,006,010 +10%
BlackRock
6
BlackRock
New York
$595M +$149M +2,662,981 +36%
Ameriprise
7
Ameriprise
Minnesota
$523M +$156M +2,784,183 +45%
UBS Group
8
UBS Group
Switzerland
$517M +$46.1M +823,361 +10%
LPL Financial
9
LPL Financial
California
$504M +$103M +1,834,029 +27%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$367M -$1.9M -33,966 -0.5%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$326M +$57.1M +1,018,847 +23%
NLI
12
Nippon Life Insurance
Japan
$316M
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$286M +$8.55M +152,727 +3%
DCC
14
Dow Chemical Company
Michigan
$237M
AG
15
Advisor Group
Arizona
$227M +$20M +357,688 +10%
US Bancorp
16
US Bancorp
Minnesota
$209M +$10.5M +188,042 +6%
Northwestern Mutual Wealth Management
17
Northwestern Mutual Wealth Management
Wisconsin
$205M +$31.8M +567,264 +19%
S
18
SignatureFD
Georgia
$197M +$27.8M +495,888 +17%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$182M +$37.3M +665,555 +27%
EMPI
20
Elo Mutual Pension Insurance
Finland
$159M -$53.8M -960,000 -26%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$147M +$11.8M +210,170 +9%
SEI Investments
22
SEI Investments
Pennsylvania
$146M -$170K -3,036 -0.1%
Carson Wealth (CWM LLC)
23
Carson Wealth (CWM LLC)
Nebraska
$135M +$70.2M +1,252,605 +214%
Mariner
24
Mariner
Kansas
$133M +$2.66M +47,537 +2%
BCM
25
Brookstone Capital Management
Illinois
$130M +$44.1M +786,741 +55%

USMV Hedge Fund Activity: Q1 2019 in Review

655 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2019, worth a combined $16B — up 28% from $12.5B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new USMV positions and 39 closed out — a net gain of 53 holders — while 330 added to existing stakes and 153 trimmed.

The largest buyer was Prudential plc, opening a new position worth an estimated $401M. The largest seller was Freestate Advisors, cutting an estimated $71.7M.

  • 655 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2019, up from 612 in Q4 2018.
  • Funds reported $16B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2019, up 28% quarter-over-quarter.
  • 92 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2019 and 39 closed out, a net change of +53 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2019 was Prudential plc, an estimated $401M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2019 was Freestate Advisors, an estimated $71.7M sold.

Based on aggregated 13F filings for Q1 2019.