VictoryShares US Small Mid Cap Value Momentum ETF
USVM
8 hedge funds and large institutions have $117M invested in VictoryShares US Small Mid Cap Value Momentum ETF in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
1.16% more ownership
Funds ownership: 109.5% → 110.66% (+1.2%)
1% less capital invested
Capital invested by funds: $117M → $117M (-$615K)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$43.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$56.7K |
| 3 |
S
SignatureFD
Atlanta,
Georgia
|
+$7.68K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$5.05K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$51 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$37.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.82M |
| 3 |
Jane Street
New York
|
-$1.52M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.41M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Victory Capital Management
San Antonio,
Texas
| $69.3M | +$43.6M | +863,238 | +167% |
|
|
USAA
2
United Services Automobile Association
San Antonio,
Texas
| $46.3M | -$37.7M | -746,379 | -45% |
|
|
3
Jane Street
New York
| $850K | -$1.52M | -30,022 | -64% |
|
|
4
UBS Group
Zurich,
Switzerland
| $146K | +$56.7K | +1,122 | +63% |
|
5
Bank of America
Charlotte,
North Carolina
| $44K | – | – | – |
|
|
S
6
SignatureFD
Atlanta,
Georgia
| $8K | +$7.68K | +152 | New |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$5.05K | +100 | New |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$1.82M | -35,682 | Closed |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.41M | -27,639 | Closed |
|
|
AG
10
Advisor Group
Phoenix,
Arizona
| – | -$27K | -529 | Closed |
|
|
11
Fidelity Investments
Boston,
Massachusetts
| – | +$51 | +1 | +100% |
|
USVM Hedge Fund Activity: Q3 2019 in Review
8 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in VictoryShares US Small Mid Cap Value Momentum ETF (USVM) for Q3 2019, worth a combined $117M — down 0.52% from $117M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of USVM and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Victory Capital Management, adding an estimated $43.6M. The largest seller was United Services Automobile Association, cutting an estimated $37.7M.
- 8 institutional investors held VictoryShares US Small Mid Cap Value Momentum ETF (USVM) as of Q3 2019, down from 9 in Q2 2019.
- Funds reported $117M of VictoryShares US Small Mid Cap Value Momentum ETF stock for Q3 2019, down 0.52% quarter-over-quarter.
- 2 funds opened new VictoryShares US Small Mid Cap Value Momentum ETF positions in Q3 2019 and 3 closed out, a net change of -1 holder.
- The largest VictoryShares US Small Mid Cap Value Momentum ETF buyer in Q3 2019 was Victory Capital Management, an estimated $43.6M added.
- The largest VictoryShares US Small Mid Cap Value Momentum ETF seller in Q3 2019 was United Services Automobile Association, an estimated $37.7M sold.
Based on aggregated 13F filings for Q3 2019.