PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
37 hedge funds and large institutions have $63.5M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
0% more funds holding
Funds holding: 37 → 37 (0)
8.77% less ownership
Funds ownership: 34.31% → 25.54% (-8.8%)
24% less capital invested
Capital invested by funds: $83.8M → $63.5M (-$20.3M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$7.21M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$2.9M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.76M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.25M |
| 5 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$11.1M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$7.73M |
| 3 |
JG
Jefferies Group
New York
|
-$7.04M |
| 4 |
Jane Street
New York
|
-$2.55M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SA
26
SRH Advisors
Salina,
Kansas
| $237K | +$80.4K | +800 | +51% |
|
27
UBS Group
Zurich,
Switzerland
| $196K | -$99.1K | -986 | -34% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $128K | -$16K | -159 | -11% |
|
|
CFA
29
Carroll Financial Associates
Charlotte,
North Carolina
| $29K | +$29.2K | +290 | New |
|
|
AIG
30
American International Group
New York
| $26K | -$78.1K | -777 | -75% |
|
31
Citigroup
New York
| $21K | -$804 | -8 | -4% |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $13K | – | – | – |
|
|
MFS
33
MSI Financial Services
Springfield,
Massachusetts
| $13K | – | – | – |
|
|
S
34
SignatureFD
Atlanta,
Georgia
| $8K | – | – | – |
|
|
BWA
35
Burt Wealth Advisors
North Bethesda,
Maryland
| $5K | +$5.13K | +51 | New |
|
|
TIM
36
Tortoise Investment Management
White Plains,
New York
| $4K | – | – | – |
|
|
WI
37
WBI Investments
Red Bank,
New Jersey
| – | -$11.1M | -110,880 | Closed |
|
|
LNC
38
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$313K | -3,124 | Closed |
|
|
LWM
39
LBA Wealth Management
Jacksonville,
Florida
| – | -$7K | -71 | Closed |
|
CORP Hedge Fund Activity: Q3 2015 in Review
37 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2015, worth a combined $63.5M — down 24% from $83.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CORP positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 16 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $7.21M. The largest seller was WBI Investments, exiting entirely with an estimated $11.1M sold.
- 37 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $63.5M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2015, down 24% quarter-over-quarter.
- 4 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2015 was Allianz Asset Management, an estimated $7.21M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2015 was WBI Investments, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2015.