iShares MSCI USA Min Vol Factor ETF
USMV
1,147 hedge funds and large institutions have $22B invested in iShares MSCI USA Min Vol Factor ETF in 2023 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 301 increasing their positions, 589 reducing their positions, and 69 closing their positions.
91% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $767K
47% more capital inflows, than outflows
Capital inflows: $2.64B | Capital outflows: $1.8B
19% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 69
3.95% more ownership
Funds ownership: 75.41% → 79.37% (+4%)
0% less funds holding
Funds holding: 1,150 → 1,147 (-3)
9% less funds holding in top 10
Funds holding in top 10: 128 → 117 (-11)
49% less repeat investments, than reductions
Existing positions increased: 301 | Existing positions reduced: 589
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$675M |
| 2 |
Catalyst Capital Advisors
Huntington,
New York
|
+$267M |
| 3 |
Millburn Ridgefield Corp
New York
|
+$267M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$164M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$151M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$333M |
| 2 |
Morgan Stanley
New York
|
-$150M |
| 3 |
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$115M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$91.6M |
| 5 |
Houlihan Financial Resource Group
Ashburn,
Virginia
|
-$74.5M |
USMV Hedge Fund Activity: Q3 2023 in Review
1,147 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q3 2023, worth a combined $22B — up 0.32% from $22B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new USMV positions and 69 closed out — a net gain of 13 holders — while 301 added to existing stakes and 589 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $675M. The largest seller was Envestnet Asset Management, cutting an estimated $333M.
- 1,147 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q3 2023, down from 1,150 in Q2 2023.
- Funds reported $22B of iShares MSCI USA Min Vol Factor ETF stock for Q3 2023, up 0.32% quarter-over-quarter.
- 82 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q3 2023 and 69 closed out, a net change of +13 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q3 2023 was Fidelity Investments, an estimated $675M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q3 2023 was Envestnet Asset Management, an estimated $333M sold.
Based on aggregated 13F filings for Q3 2023.