PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
34 hedge funds and large institutions have $54.4M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
10% more funds holding
Funds holding: 31 → 34 (+3)
8.49% less ownership
Funds ownership: 39.92% → 31.42% (-8.5%)
43% less capital invested
Capital invested by funds: $95.1M → $54.4M (-$40.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.87M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.61M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$807K |
| 4 |
Morgan Stanley
New York
|
+$561K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$383K |
Top Sellers
| 1 |
JG
Jefferies Group
New York
|
-$41.5M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$3.99M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.54M |
| 5 |
Jane Street
New York
|
-$640K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
26
SRH Advisors
Salina,
Kansas
| $161K | +$161K | +1,565 | New |
|
27
Citigroup
New York
| $66K | -$52K | -504 | -44% |
|
28
Creative Planning
Overland Park,
Kansas
| $63K | +$62.9K | +610 | New |
|
|
NPC
29
National Planning Corporation
El Segundo,
California
| $35.9K | +$35.6K | +345 | New |
|
|
HR
30
Howe & Rusling
Rochester,
New York
| $31K | +$30.9K | +300 | New |
|
|
NES
31
New England Securities
New York
| $13K | – | – | – |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $13K | +$13.4K | +130 | New |
|
|
S
33
SignatureFD
Atlanta,
Georgia
| $8K | – | – | – |
|
|
JG
34
Jefferies Group
New York
| – | -$41.5M | -406,000 | Closed |
|
|
35
Jane Street
New York
| – | -$640K | -6,260 | Closed |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| – | -$31K | -300 | Closed |
|
|
PAG
37
Private Advisor Group
Morristown,
New Jersey
| – | -$9K | -85 | Closed |
|
|
WCM
38
Wealthcare Capital Management
Richmond,
Virginia
| – | -$7K | -63 | Closed |
|
39
Ameriprise
Minneapolis,
Minnesota
| – | -$6K | -59 | Closed |
|
40
Parallax Volatility Advisers
San Francisco,
California
| – | +$103 | +1 | New |
|
CORP Hedge Fund Activity: Q4 2014 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2014, worth a combined $54.4M — down 43% from $95.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CORP positions and 6 closed out — a net gain of 4 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.87M. The largest seller was Jefferies Group, exiting entirely with an estimated $41.5M sold.
- 34 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2014, up from 31 in Q3 2014.
- Funds reported $54.4M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2014, down 43% quarter-over-quarter.
- 10 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2014 and 6 closed out, a net change of +4 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2014 was Royal Bank of Canada, an estimated $4.87M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2014 was Jefferies Group, an estimated $41.5M sold.
Based on aggregated 13F filings for Q4 2014.