PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
79 hedge funds and large institutions have $468M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 19 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
105% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 19
65% more capital invested
Capital invested by funds: $284M → $468M (+$184M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
10.25% more ownership
Funds ownership: 56.23% → 66.48% (+10%)
7% more funds holding
Funds holding: 74 → 79 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$103M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$28.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.4M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.16M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.87M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$2.9M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$2.6M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$1.13M |
| 5 |
Jane Street
New York
|
-$977K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| $2K | +$1.85K | +18 | New |
|
|
PWM
77
Perigon Wealth Management
San Francisco,
California
| $1K | – | – | – |
|
|
78
Allianz Asset Management
Munich,
Germany
| – | -$1.13M | -11,010 | Closed |
|
|
CFA
79
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$394K | -3,841 | Closed |
|
|
CFP
80
Cornerstone Financial Partners
Huntersville,
North Carolina
| – | -$362K | -3,543 | Closed |
|
|
TC
81
Telemus Capital
Southfield,
Michigan
| – | -$268K | -2,620 | Closed |
|
|
GC
82
Guggenheim Capital
Chicago,
Illinois
| – | -$215K | -2,100 | Closed |
|
CORP Hedge Fund Activity: Q1 2017 in Review
79 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2017, worth a combined $468M — up 65% from $284M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CORP positions and 5 closed out — a net gain of 6 holders — while 39 added to existing stakes and 19 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $103M. The largest seller was Citadel Advisors, cutting an estimated $4.87M.
- 79 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2017, up from 74 in Q4 2016.
- Funds reported $468M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2017, up 65% quarter-over-quarter.
- 11 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2017 and 5 closed out, a net change of +6 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2017 was RiverFront Investment Group, an estimated $103M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2017 was Citadel Advisors, an estimated $4.87M sold.
Based on aggregated 13F filings for Q1 2017.