PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
130 hedge funds and large institutions have $328M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 34 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
47% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 34
16% more capital invested
Capital invested by funds: $282M → $328M (+$45.5M)
13% more funds holding
Funds holding: 115 → 130 (+15)
8.19% more ownership
Funds ownership: 43.26% → 51.45% (+8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$19.3M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$6.08M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.65M |
| 4 |
W
WealthOne
Albany,
New York
|
+$3.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.12M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$5.5M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$4.62M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.58M |
CORP Hedge Fund Activity: Q4 2019 in Review
130 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2019, worth a combined $328M — up 16% from $282M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CORP positions and 9 closed out — a net gain of 16 holders — while 50 added to existing stakes and 34 trimmed.
The largest buyer was Tradewinds Capital Management, opening a new position worth an estimated $19.3M. The largest seller was Jane Street, cutting an estimated $6.12M.
- 130 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2019, up from 115 in Q3 2019.
- Funds reported $328M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2019, up 16% quarter-over-quarter.
- 25 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2019 and 9 closed out, a net change of +16 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2019 was Tradewinds Capital Management, an estimated $19.3M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2019 was Jane Street, an estimated $6.12M sold.
Based on aggregated 13F filings for Q4 2019.