PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
27 hedge funds and large institutions have $94.1M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
85% more capital invested
Capital invested by funds: $50.7M → $94.1M (+$43.4M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
16.11% more ownership
Funds ownership: 37.27% → 53.37% (+16%)
4% more funds holding
Funds holding: 26 → 27 (+1)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$48.6M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$4.35M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$388K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$367K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| 3 |
Morgan Stanley
New York
|
-$1.8M |
| 4 |
Goldman Sachs
New York
|
-$1.13M |
| 5 |
JG
Jefferies Group
New York
|
-$550K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $12K | +$12.9K | +126 | New |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.03M | -19,883 | Closed |
|
29
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$349K | -3,415 | Closed |
|
|
WS
30
Wedbush Securities
Los Angeles,
California
| – | -$246K | -2,400 | Closed |
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$62K | -604 | Closed |
|
|
HPBT
32
High Point Bank & Trust
High Point,
North Carolina
| – | -$50K | -489 | Closed |
|
33
Envestnet Asset Management
Chicago,
Illinois
| – | -$49K | -483 | Closed |
|
CORP Hedge Fund Activity: Q4 2013 in Review
27 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2013, worth a combined $94.1M — up 85% from $50.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CORP positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $48.6M. The largest seller was Jane Street, cutting an estimated $3.95M.
- 27 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2013, up from 26 in Q3 2013.
- Funds reported $94.1M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2013, up 85% quarter-over-quarter.
- 7 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2013 and 6 closed out, a net change of +1 holder.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $48.6M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2013 was Jane Street, an estimated $3.95M sold.
Based on aggregated 13F filings for Q4 2013.