PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
26 hedge funds and large institutions have $50.7M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 5 closing their positions.
20% more capital invested
Capital invested by funds: $42.1M → $50.7M (+$8.62M)
7.23% more ownership
Funds ownership: 30.03% → 37.27% (+7.2%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
4% less funds holding
Funds holding: 27 → 26 (-1)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$10.1M |
| 2 |
Jane Street
New York
|
+$5.55M |
| 3 |
JG
Jefferies Group
New York
|
+$4.01M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$5.92M |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
-$1.79M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.34M |
| 4 |
Morgan Stanley
New York
|
-$897K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$665K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
QA
27
Quantitative Advantage
Minnetonka,
Minnesota
| – | -$5.92M | -58,293 | Closed |
|
|
NPC
28
National Planning Corporation
El Segundo,
California
| – | -$1.79M | -17,657 | Closed |
|
|
CS
29
Credit Suisse
Zurich,
Switzerland
| – | -$1.34M | -13,240 | Closed |
|
|
LPT
30
Legacy Private Trust
Neenah,
Wisconsin
| – | -$462K | -4,555 | Closed |
|
|
MFS
31
MSI Financial Services
Springfield,
Massachusetts
| – | -$49K | -485 | Closed |
|
CORP Hedge Fund Activity: Q3 2013 in Review
26 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2013, worth a combined $50.7M — up 20% from $42.1M a quarter earlier.
Fund positioning in CORP was balanced in Q3 2013: 5 funds opened new positions, 5 closed out, 5 added to existing stakes and 12 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $10.1M. The largest seller was Quantitative Advantage, exiting entirely with an estimated $5.92M sold.
- 26 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2013, down from 27 in Q2 2013.
- Funds reported $50.7M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2013, up 20% quarter-over-quarter.
- 5 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2013 and 5 closed out, a net change of 0 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2013 was Goldman Sachs, an estimated $10.1M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2013 was Quantitative Advantage, an estimated $5.92M sold.
Based on aggregated 13F filings for Q3 2013.