PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
27 hedge funds and large institutions have $118M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 3 closing their positions.
26% more capital invested
Capital invested by funds: $94.1M → $118M (+$24M)
5.42% more ownership
Funds ownership: 53.37% → 58.79% (+5.4%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$18.4M |
| 2 |
JG
Jefferies Group
New York
|
+$1.92M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$1.79M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$1.45M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$609K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.62M |
| 2 |
Goldman Sachs
New York
|
-$1.26M |
| 3 |
Jane Street
New York
|
-$449K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$258K |
| 5 |
LPL Financial
San Diego,
California
|
-$200K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $13K | – | – | – |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $8K | +$7.56K | +75 | New |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| – | -$89K | -900 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$26K | -263 | Closed |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -10 | Closed |
|
CORP Hedge Fund Activity: Q1 2014 in Review
27 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2014, worth a combined $118M — up 26% from $94.1M a quarter earlier.
Fund positioning in CORP was balanced in Q1 2014: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $18.4M. The largest seller was Royal Bank of Canada, cutting an estimated $1.62M.
- 27 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $118M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2014, up 26% quarter-over-quarter.
- 3 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2014 and 3 closed out, a net change of 0 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $18.4M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2014.