iShares MSCI USA Min Vol Factor ETF
USMV
1,129 hedge funds and large institutions have $21B invested in iShares MSCI USA Min Vol Factor ETF in 2023 Q1 according to their latest regulatory filings, with 84 funds opening new positions, 449 increasing their positions, 447 reducing their positions, and 79 closing their positions.
4,706% more call options, than puts
Call options by funds: $2.45M | Put options by funds: $51K
6% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 79
0% more repeat investments, than reductions
Existing positions increased: 449 | Existing positions reduced: 447
2% less funds holding
Funds holding: 1,157 → 1,129 (-28)
3% less ownership
Funds ownership: 76.21% → 73.21% (-3%)
5% less funds holding in top 10
Funds holding in top 10: 146 → 138 (-8)
8% less capital invested
Capital invested by funds: $22.8B → $21B (-$1.77B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$204M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$79.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$62.5M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$52M |
| 5 |
LPL Financial
San Diego,
California
|
+$46.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$560M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$551M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$309M |
| 4 |
BlackRock
New York
|
-$213M |
| 5 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$159M |
USMV Hedge Fund Activity: Q1 2023 in Review
1,129 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2023, worth a combined $21B — down 7.8% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new USMV positions and 79 closed out — a net gain of 5 holders — while 449 added to existing stakes and 447 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $204M. The largest seller was Fidelity Investments, cutting an estimated $560M.
- 1,129 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2023, down from 1,157 in Q4 2022.
- Funds reported $21B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2023, down 7.8% quarter-over-quarter.
- 84 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2023 and 79 closed out, a net change of +5 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $204M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2023 was Fidelity Investments, an estimated $560M sold.
Based on aggregated 13F filings for Q1 2023.