iShares MSCI USA Momentum Factor
MTUM • BATS
iShares MSCI USA Momentum Factor is an exchange-traded fund on BATS. As of Q3 2025, 958 institutional investors hold shares in this ETF, with total holdings valued at $16.6B. MERCER GLOBAL ADVISORS INC /ADV is the largest holder with a position valued at $1.9B.
Overview
Overview of institutional ownership in MTUM as of Q3 2025
All Institutions
- Institutions
- 958
- Value Held
- $16.6B
- Shares Held
- 65.1M
- Avg Position
- $17.4M
- Median Position
- $890.8K
Hedge Funds
- Hedge Funds
- 12
- Value Held
- $36.0M
- Shares Held
- 140.5K
- Avg Position
- $3.0M
- Median Position
- $2.4M
Biggest Investors
Institutions with the largest positions in MTUM as of Q3 2025
| Institution | Position Value |
|---|---|
 MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | $1.9B 3.25% of portfolio |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $1.6B 0.46% of portfolio |
 FMR LLC Institution | $1.0B 0.05% of portfolio |
 MORGAN STANLEY RIA/Wealth | $836.1M 0.05% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $785.6M 0.25% of portfolio |
L LPL Financial LLC Institution | $676.9M 0.20% of portfolio |
 GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | $375.7M 0.81% of portfolio |
 AMERIPRISE FINANCIAL INC Institution | $339.0M 0.08% of portfolio |
B BlackRock, Inc. Institution | $322.9M 0.01% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $317.7M 0.02% of portfolio |
Net Capital Flow
Institutional buying and selling activity for MTUM in Q3 2025
- Net Flow
- −$1.0B
- Buyers
- 405
- Sellers
- 377
- Total Bought
- +$1.4B
- Total Sold
- −$2.4B
- Avg Position
- $17.8M
Biggest Buyers
| Institution | Net Bought |
|---|---|
C Colony Group, LLC Institution | +$229.9M +896.6K shares |
FMR LLC Institution | +$212.8M +829.8K shares |
MORGAN STANLEY RIA/Wealth | +$189.6M +739.2K shares |
L LPL Financial LLC Institution | +$86.5M +337.3K shares |
 GOLDMAN SACHS GROUP INC Institution | +$86.3M +336.4K shares |
 MML INVESTORS SERVICES, LLC RIA/Wealth | +$51.7M +201.7K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | +$31.0M +120.9K shares |
BANK OF AMERICA CORP /DE/ Institution | +$24.3M +94.9K shares |
AMERIPRISE FINANCIAL INC Institution | +$23.3M +90.8K shares |
 THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager | +$21.8M +85.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | −$1.7B −6.4M shares |
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | −$100.2M −390.6K shares |
 Clark Capital Management Group, Inc. RIA/Wealth | −$73.5M −286.6K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | −$54.8M −228.0K shares |
 CITIGROUP INC Institution | −$40.3M −157.0K shares |
R ROYAL BANK OF CANADA Institution | −$31.4M −122.5K shares |
C CLS Investments, LLC Institution | −$29.7M −115.8K shares |
 Ameritas Advisory Services, LLC RIA/Wealth | −$29.6M −115.4K shares |
C CI Private Wealth, LLC RIA/Wealth | −$25.4M −99.2K shares |
R Ronald Blue Trust, Inc. Institution | −$19.7M −76.9K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited MTUM in Q3 2025
- New Positions
- 48
- New Value
- $21.9M
- Exited Positions
- 62
- Exited Value
- $122.3M
New Positions
| Institution | Position Value |
|---|---|
 Uniting Wealth Partners, LLC RIA/Wealth | $5.5M 21.4K shares |
 Keystone Global Partners, LLC RIA/Wealth | $3.0M 11.5K shares |
$1.8M 6.9K shares | |
$1.7M 6.8K shares | |
P PATTEN & PATTEN INC/TN Institution | $1.5M 5.7K shares |
A Arlington Financial Advisors, LLC Institution | $935.5K 3.6K shares |
 Apexium Financial, LP RIA/Wealth | $874.5K 3.4K shares |
P PFG Investments, LLC Institution | $822.0K 3.2K shares |
 Seros Financial, LLC RIA/Wealth | $405.0K 1.6K shares |
 Lighthouse Financial LLC RIA/Wealth | $399.5K 1.6K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | $54.8M 228.0K shares |
M MOORE CAPITAL MANAGEMENT, LP Hedge Fund•Global Macro | $12.7M 53.0K shares |
D D. E. Shaw & Co., Inc. Institution | $10.4M 43.3K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $5.9M 24.6K shares |
Q Quadrature Capital Ltd Institution | $5.8M 24.0K shares |
B Buttonwood Financial Group, LLC RIA/Wealth | $5.7M 24.0K shares |
 KFG WEALTH MANAGEMENT, LLC RIA/Wealth | $5.6M 23.4K shares |
 Centennial Wealth Advisory LLC RIA/Wealth | $2.0M 8.5K shares |
 SUMMIT WEALTH GROUP LLC / CO RIA/Wealth | $1.8M 7.3K shares |
 Optivise Advisory Services LLC RIA/Wealth | $1.6M 6.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in MTUM as of Q3 2025
- Call Positions
- 11
- Call Value
- $116.9M
- Put Positions
- 16
- Put Value
- $238.2M
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $44.5M 1.7K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $27.9M 1.1K contracts |
J JANE STREET GROUP, LLC Institution | $25.1M 977.0 contracts |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $6.8M 266.0 contracts |
C Cubist Systematic Strategies, LLC Institution | $6.3M 244.0 contracts |
 Walleye Trading LLC RIA/Wealth | $2.6M 100.0 contracts |
S Squarepoint Ops LLC Hedge Fund•Quant | $2.4M 92.0 contracts |
W WOLVERINE TRADING, LLC Institution | $1.1M 44.0 contracts |
B Belvedere Trading LLC Institution | $307.7K 12.0 contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $88.8M 3.5K contracts |
 SONA ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $76.9M 3.0K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $47.8M 1.9K contracts |
J JANE STREET GROUP, LLC Institution | $7.3M 285.0 contracts |
C Cubist Systematic Strategies, LLC Institution | $7.2M 280.0 contracts |
W WOLVERINE TRADING, LLC Institution | $4.2M 165.0 contracts |
S Squarepoint Ops LLC Hedge Fund•Quant | $2.4M 95.0 contracts |
Walleye Trading LLC RIA/Wealth | $1.8M 70.0 contracts |
 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager | $1.7M 65.0 contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | - - contracts |
Most Committed Institutions
Institutions with MTUM as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
A AdvisorShares Investments LLC Institution | 17.21% $103.7M |
 Mullooly Asset Management, Inc. RIA/Wealth | 13.56% $35.4M |
 Stonehearth Capital Management, LLC RIA/Wealth | 12.57% $32.5M |
 High Probability Advisors, LLC RIA/Wealth | 11.20% $81.7M |
 Forefront Analytics, LLC RIA/Wealth | 9.26% $9.6M |
A Armbruster Capital Management, Inc. RIA/Wealth | 9.21% $54.1M |
P POM Investment Strategies, LLC Institution | 7.75% $14.0M |
 Audent Global Asset Management, LLC Hedge Fund•Multi-Strategy | 6.98% $9.6M |
 Meredith Wealth Planning RIA/Wealth | 6.96% $21.9M |
 Symmetry Partner, LLC RIA/Wealth | 6.81% $62.2M |
Hedge Fund Spotlight
Discover hedge funds investing in MTUM
Audent Global Asset Management, LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerJohn Matthew Hughes
- Portfolio Value
- $137.5M
- Positions
- 51
- Last Reported
- Q3 2025
Sector Allocation
Position in iShares MSCI USA Momentum Factor
- Market Value
- $9.6M
- Shares Held
- 37.5K
- Portfolio Weight
- 6.98%
- Owned Since
- 2023-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $14.1M | 10.25% | |
Semiconductors Technology | $10.6M | 7.68% | |
Internet Content & Information Communication Services | $10.2M | 7.41% |
