PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
29 hedge funds and large institutions have $109M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 27 → 29 (+2)
4.29% less ownership
Funds ownership: 58.79% → 54.5% (-4.3%)
8% less capital invested
Capital invested by funds: $118M → $109M (-$9.47M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$594K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$581K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$361K |
| 4 |
LPL Financial
San Diego,
California
|
+$131K |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$4.77M |
| 2 |
Jane Street
New York
|
-$3.27M |
| 3 |
JG
Jefferies Group
New York
|
-$2.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.14M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$821K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $13K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $12K | +$12.1K | +118 | New |
|
|
S
28
SignatureFD
Atlanta,
Georgia
| $8K | – | – | – |
|
29
Ameriprise
Minneapolis,
Minnesota
| $6K | +$6.06K | +59 | New |
|
|
30
Jane Street
New York
| – | -$3.27M | -32,236 | Closed |
|
31
Janus Henderson Group
London,
United Kingdom
| – | -$24K | -235 | Closed |
|
CORP Hedge Fund Activity: Q2 2014 in Review
29 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q2 2014, worth a combined $109M — down 8% from $118M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CORP positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $594K. The largest seller was F-Squared Investment Management, cutting an estimated $4.77M.
- 29 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $109M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q2 2014, down 8% quarter-over-quarter.
- 4 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q2 2014 and 2 closed out, a net change of +2 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q2 2014 was Morgan Stanley, an estimated $594K added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $4.77M sold.
Based on aggregated 13F filings for Q2 2014.