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iShares MSCI USA Min Vol Factor ETF

1,155 hedge funds and large institutions have $23.5B invested in iShares MSCI USA Min Vol Factor ETF in 2022 Q4 according to their latest regulatory filings, with 166 funds opening new positions, 404 increasing their positions, 454 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more first-time investments, than exits

New positions opened: 166 | Existing positions closed: 55

18% more capital invested

Capital invested by funds: $20B → $23.5B (+$3.53B)

9% more funds holding

Funds holding: 1,0621,155 (+93)

0.31% more ownership

Funds ownership: 75.89%76.21% (+0.31%)

1% less funds holding in top 10

Funds holding in top 10: 147145 (-2)

11% less repeat investments, than reductions

Existing positions increased: 404 | Existing positions reduced: 454

33% less call options, than puts

Call options by funds: $2.29M | Put options by funds: $3.4M

Holders
1,155
Holders Change
+93
Holders Change %
+8.76%
% of All Funds
18.57%
Holding in Top 10
145
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-1.36%
% of All Funds
2.33%
New
166
Increased
404
Reduced
454
Closed
55
Calls
$2.29M
Puts
$3.4M
Net Calls
-$1.12M
Net Calls Change
-$3.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.9B -$40.5M -568,581 -1%
RJA
2
Raymond James & Associates
Florida
$2.25B -$32.9M -462,795 -1%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$1.63B -$170M -2,386,301 -10%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.48B +$105M +1,482,219 +8%
Morgan Stanley
5
Morgan Stanley
New York
$1.13B +$79.1M +1,111,338 +8%
BlackRock
6
BlackRock
New York
$945M +$8.66M +121,694 +0.9%
AWA
7
Arete Wealth Advisors
Illinois
$757M -$14.1K -198 -2%
LPL Financial
8
LPL Financial
California
$555M -$15.6M -219,325 -3%
FCBT
9
First Citizens Bank & Trust
North Carolina
$394M +$38.6M +542,516 +11%
Wells Fargo
10
Wells Fargo
California
$371M +$25.6M +359,978 +8%
UBS Group
11
UBS Group
Switzerland
$357M +$6.53M +91,783 +2%
Ameriprise
12
Ameriprise
Minnesota
$345M -$14.9M -208,956 -4%
CAPTRUST Financial Advisors
13
CAPTRUST Financial Advisors
North Carolina
$344M +$65M +913,053 +24%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$320M -$18.9M -265,420 -6%
AC
15
Allstate Corporation
Illinois
$309M +$203M +2,850,000 +199%
AIM
16
Allstate Investment Management
Illinois
$309M +$305M +4,280,000 New
Mercer Global Advisors
17
Mercer Global Advisors
Colorado
$306M +$39.6M +555,944 +15%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$278M +$310K +4,357 +0.1%
APF
19
Alaska Permanent Fund
Alaska
$235M +$232M +3,257,078 New
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$225M +$3.95M +55,540 +2%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$218M +$2.56M +35,946 +1%
Carson Wealth (CWM LLC)
22
Carson Wealth (CWM LLC)
Nebraska
$209M -$6.5M -91,409 -3%
SEI Investments
23
SEI Investments
Pennsylvania
$206M -$2.27M -31,931 -1%
Osaic Holdings
24
Osaic Holdings
Arizona
$197M -$133M -1,872,604 -41%
BCM
25
Brookstone Capital Management
Illinois
$173M +$31.3M +439,370 +23%

USMV Hedge Fund Activity: Q4 2022 in Review

1,155 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q4 2022, worth a combined $23.5B — up 18% from $20B a quarter earlier.

Buyers outnumbered sellers: 166 funds opened new USMV positions and 55 closed out — a net gain of 111 holders — while 404 added to existing stakes and 454 trimmed.

The largest buyer was Alaska Permanent Fund, opening a new position worth an estimated $232M. The largest seller was CFS Investment Advisory Services, cutting an estimated $527M.

  • 1,155 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q4 2022, up from 1,062 in Q3 2022.
  • Funds reported $23.5B of iShares MSCI USA Min Vol Factor ETF stock for Q4 2022, up 18% quarter-over-quarter.
  • 166 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q4 2022 and 55 closed out, a net change of +111 holders.
  • The largest iShares MSCI USA Min Vol Factor ETF buyer in Q4 2022 was Alaska Permanent Fund, an estimated $232M added.
  • The largest iShares MSCI USA Min Vol Factor ETF seller in Q4 2022 was CFS Investment Advisory Services, an estimated $527M sold.

Based on aggregated 13F filings for Q4 2022.