iShares MSCI USA Min Vol Factor ETF
USMV
1,169 hedge funds and large institutions have $18.7B invested in iShares MSCI USA Min Vol Factor ETF in 2024 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 263 increasing their positions, 660 reducing their positions, and 108 closing their positions.
4% less funds holding
Funds holding: 1,224 → 1,169 (-55)
7.56% less ownership
Funds ownership: 83.62% → 76.06% (-7.6%)
8% less funds holding in top 10
Funds holding in top 10: 107 → 98 (-9)
16% less capital invested
Capital invested by funds: $22.3B → $18.7B (-$3.58B)
30% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 108
60% less repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 660
95% less call options, than puts
Call options by funds: $1.88M | Put options by funds: $40M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$112M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$62.8M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$61M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$40.3M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.37B |
| 2 |
Morgan Stanley
New York
|
-$1.05B |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$734M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$417M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$276M |
USMV Hedge Fund Activity: Q1 2024 in Review
1,169 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2024, worth a combined $18.7B — down 16% from $22.3B a quarter earlier.
Sellers outnumbered buyers: 108 funds closed out of USMV and 76 opened new positions — a net loss of 32 holders — while 660 trimmed existing stakes and 263 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $112M. The largest seller was Bank of America, cutting an estimated $1.37B.
- 1,169 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2024, down from 1,224 in Q4 2023.
- Funds reported $18.7B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2024, down 16% quarter-over-quarter.
- 76 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2024 and 108 closed out, a net change of -32 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2024 was Cetera Investment Advisers, an estimated $112M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2024 was Bank of America, an estimated $1.37B sold.
Based on aggregated 13F filings for Q1 2024.