iShares MSCI USA Value Factor ETF
VLUE
12 hedge funds and large institutions have $107M invested in iShares MSCI USA Value Factor ETF in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less funds holding
Funds holding: 14 → 12 (-2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
27.1% less ownership
Funds ownership: 42.79% → 15.69% (-27%)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
52% less capital invested
Capital invested by funds: $222M → $107M (-$115M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$13.8M |
| 2 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
+$8.15M |
| 3 |
Morgan Stanley
New York
|
+$2.18M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$52.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.34M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$353K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$105K |
| 5 |
WTB
Washington Trust Bank
Spokane,
Washington
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
USAA
1
United Services Automobile Association
San Antonio,
Texas
| $74.5M | +$13.8M | +209,400 | +23% |
|
2
Allianz Asset Management
Munich,
Germany
| $11.9M | – | – | – |
|
|
3
Morgan Stanley
New York
| $9.64M | +$2.18M | +33,170 | +29% |
|
|
SCM
4
Stonehearth Capital Management
Danvers,
Massachusetts
| $8.2M | +$8.15M | +124,064 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $1.72M | -$353K | -5,376 | -17% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $300K | -$1.4M | -21,281 | -82% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $250K | -$105K | -1,606 | -30% |
|
|
NFG
8
Next Financial Group
Houston,
Texas
| $94K | – | – | – |
|
|
9
US Bancorp
Minneapolis,
Minnesota
| $85K | +$52.5K | +800 | +160% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $29K | -$8.28K | -126 | -22% |
|
|
MFS
11
MSI Financial Services
Springfield,
Massachusetts
| $12K | – | – | – |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3.34M | -50,607 | Closed |
|
|
WTB
13
Washington Trust Bank
Spokane,
Washington
| – | -$14K | -217 | Closed |
|
VLUE Hedge Fund Activity: Q1 2015 in Review
12 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Value Factor ETF (VLUE) for Q1 2015, worth a combined $107M — down 52% from $222M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of VLUE and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was United Services Automobile Association, adding an estimated $13.8M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $3.34M sold.
- 12 institutional investors held iShares MSCI USA Value Factor ETF (VLUE) as of Q1 2015, down from 14 in Q4 2014.
- Funds reported $107M of iShares MSCI USA Value Factor ETF stock for Q1 2015, down 52% quarter-over-quarter.
- 1 fund opened new iShares MSCI USA Value Factor ETF positions in Q1 2015 and 2 closed out, a net change of -1 holder.
- The largest iShares MSCI USA Value Factor ETF buyer in Q1 2015 was United Services Automobile Association, an estimated $13.8M added.
- The largest iShares MSCI USA Value Factor ETF seller in Q1 2015 was Royal Bank of Canada, an estimated $3.34M sold.
Based on aggregated 13F filings for Q1 2015.