iShares MSCI USA Min Vol Factor ETF
USMV
1,300 hedge funds and large institutions have $17.7B invested in iShares MSCI USA Min Vol Factor ETF in 2025 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 414 increasing their positions, 525 reducing their positions, and 82 closing their positions.
52% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 82
21% more funds holding in top 10
Funds holding in top 10: 84 → 102 (+18)
7% more capital invested
Capital invested by funds: $16.6B → $17.7B (+$1.18B)
1% more funds holding
Funds holding: 1,284 → 1,300 (+16)
0.71% more ownership
Funds ownership: 73.18% → 73.89% (+0.71%)
21% less repeat investments, than reductions
Existing positions increased: 414 | Existing positions reduced: 525
77% less call options, than puts
Call options by funds: $1.03M | Put options by funds: $4.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$309M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$128M |
| 3 |
Morgan Stanley
New York
|
+$72.5M |
| 4 |
Two Sigma Investments
New York
|
+$54.7M |
| 5 |
JP Morgan Chase
New York
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APF
Alaska Permanent Fund
Juneau,
Alaska
|
-$164M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$159M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.3M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$38.3M |
| 5 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$32.7M |
USMV Hedge Fund Activity: Q1 2025 in Review
1,300 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Min Vol Factor ETF (USMV) for Q1 2025, worth a combined $17.7B — up 7.1% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new USMV positions and 82 closed out — a net gain of 43 holders — while 414 added to existing stakes and 525 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $309M. The largest seller was Alaska Permanent Fund, cutting an estimated $164M.
- 1,300 institutional investors held iShares MSCI USA Min Vol Factor ETF (USMV) as of Q1 2025, up from 1,284 in Q4 2024.
- Funds reported $17.7B of iShares MSCI USA Min Vol Factor ETF stock for Q1 2025, up 7.1% quarter-over-quarter.
- 125 funds opened new iShares MSCI USA Min Vol Factor ETF positions in Q1 2025 and 82 closed out, a net change of +43 holders.
- The largest iShares MSCI USA Min Vol Factor ETF buyer in Q1 2025 was Wealth Enhancement Advisory Services, an estimated $309M added.
- The largest iShares MSCI USA Min Vol Factor ETF seller in Q1 2025 was Alaska Permanent Fund, an estimated $164M sold.
Based on aggregated 13F filings for Q1 2025.