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iShares MSCI USA Value Factor ETF

54 hedge funds and large institutions have $855M invested in iShares MSCI USA Value Factor ETF in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 7 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

340% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 5

200% more funds holding in top 10

Funds holding in top 10: 39 (+6)

186% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 7

170% more capital invested

Capital invested by funds: $317M → $855M (+$539M)

46% more funds holding

Funds holding: 3754 (+17)

4.34% more ownership

Funds ownership: 40.88%45.22% (+4.3%)

Holders
54
Holders Change
+17
Holders Change %
+45.95%
% of All Funds
1.35%
Holding in Top 10
9
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+200%
% of All Funds
0.23%
New
22
Increased
20
Reduced
7
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$172M +$119M +1,764,442 +255%
BIT
2
BlackRock Institutional Trust
California
$116M +$99.6M +1,475,083 +821%
BCI
3
Brinker Capital Investments
Pennsylvania
$84.8M +$59.3M +877,528 +266%
USAA
4
United Services Automobile Association
Texas
$72.8M
Bank of New York Mellon
5
Bank of New York Mellon
New York
$53.9M +$51.9M +768,402 New
DT
6
Diversified Trust
Tennessee
$50.1M +$6.17M +91,320 +15%
Allianz Asset Management
7
Allianz Asset Management
Germany
$48.7M +$15.1M +224,000 +48%
UBS Group
8
UBS Group
Switzerland
$35.3M +$30.1M +445,588 +775%
Bank of America
9
Bank of America
North Carolina
$29.6M +$12.4M +183,023 +77%
PC
10
Permanens Capital
New York
$27.6M +$26.6M +393,265 New
WDL
11
Well Done LLC
Michigan
$25.2M +$18.1M +267,692 +293%
BlackRock
12
BlackRock
New York
$24.8M
Morgan Stanley
13
Morgan Stanley
New York
$15.9M +$8.66M +128,252 +130%
TCM
14
TD Capital Management
Tennessee
$12.6M -$710K -10,513 -6%
NFG
15
NewFocus Financial Group
Washington
$11.3M +$916K +13,553 +9%
TA
16
TMD & Associates
Arizona
$11.2M +$10.8M +159,905 New
US Bancorp
17
US Bancorp
Minnesota
$10.1M -$338K -4,997 -3%
BIM
18
BlackRock Investment Management
Delaware
$9.23M +$3.56M +52,761 +67%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$6.01M +$5.51M +81,529 +2,014%
C
20
CFO4Life
Texas
$5.39M +$3.4M +50,288 +190%
TWA
21
Tillar-Wenstrup Advisors
Ohio
$3.68M +$1.18M +17,420 +50%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$3.36M +$3.24M +47,927 New
LIA
23
LS Investment Advisors
Michigan
$2.71M +$2.6M +38,550 New
Janney Montgomery Scott
24
Janney Montgomery Scott
Pennsylvania
$2.45M +$2.36M +34,911 New
LPL Financial
25
LPL Financial
California
$2.41M +$2.3M +34,029 New

VLUE Hedge Fund Activity: Q4 2016 in Review

54 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares MSCI USA Value Factor ETF (VLUE) for Q4 2016, worth a combined $855M — up 170% from $317M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new VLUE positions and 5 closed out — a net gain of 17 holders — while 20 added to existing stakes and 7 trimmed.

The largest buyer was PNC Financial Services Group, adding an estimated $119M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.11M sold.

  • 54 institutional investors held iShares MSCI USA Value Factor ETF (VLUE) as of Q4 2016, up from 37 in Q3 2016.
  • Funds reported $855M of iShares MSCI USA Value Factor ETF stock for Q4 2016, up 170% quarter-over-quarter.
  • 22 funds opened new iShares MSCI USA Value Factor ETF positions in Q4 2016 and 5 closed out, a net change of +17 holders.
  • The largest iShares MSCI USA Value Factor ETF buyer in Q4 2016 was PNC Financial Services Group, an estimated $119M added.
  • The largest iShares MSCI USA Value Factor ETF seller in Q4 2016 was Citadel Advisors, an estimated $2.11M sold.

Based on aggregated 13F filings for Q4 2016.