PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
122 hedge funds and large institutions have $636M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 61 increasing their positions, 28 reducing their positions, and 15 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 28
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
11% more capital invested
Capital invested by funds: $574M → $636M (+$62.5M)
1% more funds holding
Funds holding: 121 → 122 (+1)
0.56% more ownership
Funds ownership: 67.22% → 67.78% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$36.6M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$24.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.32M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.79M |
| 5 |
Jane Street
New York
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$19M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$9.79M |
| 3 |
SBL
Sargent Bickham Lagudis
Boulder,
Colorado
|
-$3.76M |
| 4 |
BCP
Blackhawk Capital Partners
Thiensville,
Wisconsin
|
-$2.39M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.89M |
CORP Hedge Fund Activity: Q1 2018 in Review
122 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2018, worth a combined $636M — up 11% from $574M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CORP positions and 15 closed out — a net gain of 2 holders — while 61 added to existing stakes and 28 trimmed.
The largest buyer was Evensky & Katz, opening a new position worth an estimated $36.6M. The largest seller was Envestnet Asset Management, cutting an estimated $19M.
- 122 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2018, up from 121 in Q4 2017.
- Funds reported $636M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2018, up 11% quarter-over-quarter.
- 17 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2018 and 15 closed out, a net change of +2 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2018 was Evensky & Katz, an estimated $36.6M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2018 was Envestnet Asset Management, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2018.