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iShares MSCI USA Min Vol Factor ETF

969 hedge funds and large institutions have $18.7B invested in iShares MSCI USA Min Vol Factor ETF in 2021 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 266 increasing their positions, 519 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,385% more call options, than puts

Call options by funds: $23.9M | Put options by funds: $685K

5.9% more ownership

Funds ownership: 67.75%73.65% (+5.9%)

3% less capital invested

Capital invested by funds: $19.2B → $18.7B (-$491M)

5% less first-time investments, than exits

New positions opened: 70 | Existing positions closed: 74

1% less funds holding

Funds holding: 983969 (-14)

13% less funds holding in top 10

Funds holding in top 10: 169147 (-22)

49% less repeat investments, than reductions

Existing positions increased: 266 | Existing positions reduced: 519

Holders
969
Holders Change
-14
Holders Change %
-1.42%
% of All Funds
16.87%
Holding in Top 10
147
Holding in Top 10 Change
-22
Holding in Top 10 Change %
-13.02%
% of All Funds
2.56%
New
70
Increased
266
Reduced
519
Closed
74
Calls
$23.9M
Puts
$685K
Net Calls
+$23.2M
Net Calls Change
+$740K
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
1
Raymond James & Associates
Florida
$2.23B +$91M +1,259,806 +4%
Bank of America
2
Bank of America
North Carolina
$1.74B -$180M -2,484,734 -10%
Morgan Stanley
3
Morgan Stanley
New York
$1.14B -$4.9M -67,809 -0.4%
BlackRock
4
BlackRock
New York
$672M -$114M -1,583,537 -15%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$533M -$199M -2,759,841 -28%
LPL Financial
6
LPL Financial
California
$533M -$74.4M -1,030,278 -12%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$476M -$47.5M -657,250 -9%
Ameriprise
8
Ameriprise
Minnesota
$474M +$47.7M +659,871 +11%
Wells Fargo
9
Wells Fargo
California
$467M -$230M -3,189,967 -33%
UBS Group
10
UBS Group
Switzerland
$445M -$32.1M -444,570 -7%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$436M +$45.3M +626,600 +12%
KFS
12
Kelly Financial Services
Massachusetts
$376M +$1.97B +27,327,677 +7,285%
Northwestern Mutual Wealth Management
13
Northwestern Mutual Wealth Management
Wisconsin
$351M -$69M -955,437 -17%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$298M -$24.1M -334,011 -8%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$257M -$40.6M -562,346 -14%
Osaic Holdings
16
Osaic Holdings
Arizona
$235M -$50.5M -698,388 -18%
SEI Investments
17
SEI Investments
Pennsylvania
$227M +$14.9M +206,511 +7%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$178M -$3.36M -46,472 -2%
US Bancorp
19
US Bancorp
Minnesota
$167M -$28M -387,820 -15%
CFA
20
Carroll Financial Associates
North Carolina
$140M -$8.35M -115,614 -6%
HI
21
Horizon Investments
North Carolina
$138M +$39.7M +549,250 +42%
Carson Wealth (CWM LLC)
22
Carson Wealth (CWM LLC)
Nebraska
$135M
CA
23
Cetera Advisors
Colorado
$135M -$16.8M -233,172 -11%
CPO
24
Cerity Partners OCIO
New York
$126M +$3.83M +52,972 +3%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$122M -$3.33M -46,102 -3%

USMV Hedge Fund Activity: Q2 2021 in Review

969 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q2 2021, worth a combined $18.7B — down 2.6% from $19.2B a quarter earlier.

Sellers outnumbered buyers: 74 funds closed out of USMV and 70 opened new positions — a net loss of 4 holders — while 519 trimmed existing stakes and 266 added.

The largest buyer was Kelly Financial Services, adding an estimated $1.97B. The largest seller was Wells Fargo, cutting an estimated $230M.

  • 969 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q2 2021, down from 983 in Q1 2021.
  • Funds reported $18.7B of iShares MSCI USA Min Vol Factor ETF stock for Q2 2021, down 2.6% quarter-over-quarter.
  • 70 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q2 2021 and 74 closed out, a net change of -4 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q2 2021 was Kelly Financial Services, an estimated $1.97B added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q2 2021 was Wells Fargo, an estimated $230M sold.

Based on aggregated 13F filings for Q2 2021.