PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
119 hedge funds and large institutions have $485M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 16 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 122 → 119 (-3)
3.91% less ownership
Funds ownership: 67.78% → 63.87% (-3.9%)
24% less capital invested
Capital invested by funds: $636M → $485M (-$151M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.2M |
| 2 |
TCM
Towercrest Capital Management
Newtown,
Pennsylvania
|
+$6.01M |
| 3 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
+$1.76M |
| 4 |
BCP
Blackhawk Capital Partners
Thiensville,
Wisconsin
|
+$1.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$77.9M |
| 2 |
EK
Evensky & Katz
Coral Gables,
Florida
|
-$34.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$14.2M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.37M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$6.05M |
CORP Hedge Fund Activity: Q2 2018 in Review
119 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q2 2018, worth a combined $485M — down 24% from $636M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CORP and 15 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 43 added.
The largest buyer was Envestnet Asset Management, adding an estimated $15.2M. The largest seller was RiverFront Investment Group, cutting an estimated $77.9M.
- 119 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q2 2018, down from 122 in Q1 2018.
- Funds reported $485M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q2 2018, down 24% quarter-over-quarter.
- 15 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q2 2018 and 16 closed out, a net change of -1 holder.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q2 2018 was Envestnet Asset Management, an estimated $15.2M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q2 2018 was RiverFront Investment Group, an estimated $77.9M sold.
Based on aggregated 13F filings for Q2 2018.