PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
125 hedge funds and large institutions have $380M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 53 increasing their positions, 39 reducing their positions, and 14 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 39
4.81% less ownership
Funds ownership: 51.45% → 46.64% (-4.8%)
7% less capital invested
Capital invested by funds: $409M → $380M (-$28.7M)
7% less funds holding
Funds holding: 135 → 125 (-10)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$15.3M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$4.55M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.17M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.9M |
| 5 |
5L
55I LLC
Boston,
Massachusetts
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$10.6M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$6.35M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.23M |
| 4 |
IA
IFS Advisors
Overland Park,
Kansas
|
-$2.79M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
126
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.6M | -22,744 | Closed |
|
|
MFG
127
Menard Financial Group
Houston,
Texas
| – | -$2.11M | -18,429 | Closed |
|
128
Barclays
London,
United Kingdom
| – | -$1.54M | -13,449 | Closed |
|
|
AO
129
Advisor OS
Chicago,
Illinois
| – | -$1.2M | -10,492 | Closed |
|
|
LB
130
Leo Brokerage
Hurst,
Texas
| – | -$308K | -2,691 | Closed |
|
|
WCFA
131
Walkner Condon Financial Advisors
Madison,
Wisconsin
| – | -$249K | -2,182 | Closed |
|
|
TSS
132
Two Sigma Securities
New York
| – | -$224K | -1,960 | Closed |
|
133
Mercer Global Advisors
Denver,
Colorado
| – | -$212K | -1,849 | Closed |
|
|
FHA
134
First Horizon Advisors
Memphis,
Tennessee
| – | -$74K | -650 | Closed |
|
|
PWMG
135
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$49K | -425 | Closed |
|
|
NFG
136
Next Financial Group
Houston,
Texas
| – | -$6K | -54 | Closed |
|
|
LWM
137
Liberty Wealth Management
Oakland,
California
| – | +$230 | +2 | New |
|
CORP Hedge Fund Activity: Q3 2021 in Review
125 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2021, worth a combined $380M — down 7% from $409M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CORP and 6 opened new positions — a net loss of 8 holders — while 39 trimmed existing stakes and 53 added.
The largest buyer was Jane Street, opening a new position worth an estimated $15.3M. The largest seller was Sequoia Financial Advisors, cutting an estimated $10.6M.
- 125 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2021, down from 135 in Q2 2021.
- Funds reported $380M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2021, down 7% quarter-over-quarter.
- 6 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2021 and 14 closed out, a net change of -8 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2021 was Jane Street, an estimated $15.3M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2021 was Sequoia Financial Advisors, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2021.