PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
54 hedge funds and large institutions have $206M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
186% more capital invested
Capital invested by funds: $72.2M → $206M (+$134M)
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
25.61% more ownership
Funds ownership: 28.81% → 54.43% (+26%)
26% more funds holding
Funds holding: 43 → 54 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$94.1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$16.8M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.81M |
| 4 |
Morgan Stanley
New York
|
+$5.58M |
| 5 |
Jane Street
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.34M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.67M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.43M |
| 4 |
Bank of New York Mellon
New York
|
-$1.46M |
| 5 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$689K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TIM
51
Tortoise Investment Management
White Plains,
New York
| $8K | +$1K | +10 | +14% |
|
|
BWA
52
Burt Wealth Advisors
North Bethesda,
Maryland
| $3K | -$2.61K | -26 | -51% |
|
|
PWM
53
Perigon Wealth Management
San Francisco,
California
| $3K | +$2.61K | +26 | New |
|
|
54
Citadel Advisors
Miami,
Florida
| – | -$5.67M | -57,339 | Closed |
|
|
QCMC
55
Quantum Capital Management (California)
San Francisco,
California
| – | -$479K | -4,837 | Closed |
|
|
SS
56
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$338K | -3,410 | Closed |
|
57
Goldman Sachs
New York
| – | -$333K | -3,363 | Closed |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| – | -$37K | -371 | Closed |
|
CORP Hedge Fund Activity: Q1 2016 in Review
54 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2016, worth a combined $206M — up 186% from $72.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CORP positions and 5 closed out — a net gain of 11 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $94.1M. The largest seller was Susquehanna International Group, cutting an estimated $8.34M.
- 54 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2016, up from 43 in Q4 2015.
- Funds reported $206M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2016, up 186% quarter-over-quarter.
- 16 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2016 and 5 closed out, a net change of +11 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2016 was RiverFront Investment Group, an estimated $94.1M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2016 was Susquehanna International Group, an estimated $8.34M sold.
Based on aggregated 13F filings for Q1 2016.