iShares MSCI USA Min Vol Factor ETF
USMV
1,150 hedge funds and large institutions have $22B invested in iShares MSCI USA Min Vol Factor ETF in 2023 Q2 according to their latest regulatory filings, with 101 funds opening new positions, 423 increasing their positions, 477 reducing their positions, and 73 closing their positions.
152% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $617K
38% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 73
37% more capital inflows, than outflows
Capital inflows: $1.96B | Capital outflows: $1.44B
2.2% more ownership
Funds ownership: 73.21% → 75.41% (+2.2%)
2% more funds holding
Funds holding: 1,130 → 1,150 (+20)
7% less funds holding in top 10
Funds holding in top 10: 138 → 128 (-10)
11% less repeat investments, than reductions
Existing positions increased: 423 | Existing positions reduced: 477
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$356M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$127M |
| 3 |
Cerity Partners
New York
|
+$108M |
| 4 |
Capstone Investment Advisors
New York
|
+$88.3M |
| 5 |
Morgan Stanley
New York
|
+$82.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$562M |
| 2 |
SG Americas Securities
New York
|
-$122M |
| 3 |
Brookstone Capital Management
Wheaton,
Illinois
|
-$38.1M |
| 4 |
Two Sigma Investments
New York
|
-$31M |
| 5 |
Intelligence Driven Advisers
Carlsbad,
California
|
-$30.8M |
USMV Hedge Fund Activity: Q2 2023 in Review
1,150 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q2 2023, worth a combined $22B — up 4.6% from $21B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new USMV positions and 73 closed out — a net gain of 28 holders — while 423 added to existing stakes and 477 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $356M. The largest seller was Raymond James & Associates, cutting an estimated $562M.
- 1,150 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q2 2023, up from 1,130 in Q1 2023.
- Funds reported $22B of iShares MSCI USA Min Vol Factor ETF stock for Q2 2023, up 4.6% quarter-over-quarter.
- 101 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q2 2023 and 73 closed out, a net change of +28 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q2 2023 was Fidelity Investments, an estimated $356M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q2 2023 was Raymond James & Associates, an estimated $562M sold.
Based on aggregated 13F filings for Q2 2023.