PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
74 hedge funds and large institutions have $284M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2016 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 11 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
0.63% more ownership
Funds ownership: 55.61% → 56.23% (+0.63%)
0% more funds holding
Funds holding: 74 → 74 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less capital invested
Capital invested by funds: $332M → $284M (-$47.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$17.7M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$6.19M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$4.29M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.45M |
| 5 |
Jane Street
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$32M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$10.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.37M |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$6.04M |
| 5 |
SBL
Sargent Bickham Lagudis
Boulder,
Colorado
|
-$995K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
76
Clal Insurance
Tel-Aviv,
Israel
| – | -$424K | -3,972 | Closed |
|
77
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$380K | -3,558 | Closed |
|
|
AA
78
Advisory Alpha
Holland,
Michigan
| – | -$342K | -3,201 | Closed |
|
|
FA
79
FDx Advisors
Chicago,
Illinois
| – | -$248K | -2,324 | Closed |
|
|
CWM
80
Concert Wealth Management
San Jose,
California
| – | -$69K | -696 | Closed |
|
|
CCM
81
Cribstone Capital Management
Augusta,
Maine
| – | -$9K | -84 | Closed |
|
|
JFA
82
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$8K | -75 | Closed |
|
|
S
83
SignatureFD
Atlanta,
Georgia
| – | -$8K | -75 | Closed |
|
|
WA
84
Winfield Associates
Cleveland,
Ohio
| – | +$311 | +3 | New |
|
CORP Hedge Fund Activity: Q4 2016 in Review
74 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2016, worth a combined $284M — down 14% from $332M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new CORP positions and 11 closed out — a net gain of 2 holders — while 29 added to existing stakes and 22 trimmed.
The largest buyer was Bank of America, adding an estimated $17.7M. The largest seller was RiverFront Investment Group, cutting an estimated $32M.
- 74 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $284M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2016, down 14% quarter-over-quarter.
- 13 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2016 and 11 closed out, a net change of +2 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2016 was Bank of America, an estimated $17.7M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2016 was RiverFront Investment Group, an estimated $32M sold.
Based on aggregated 13F filings for Q4 2016.