PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
34 hedge funds and large institutions have $54.4M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
10% more funds holding
Funds holding: 31 → 34 (+3)
8.49% less ownership
Funds ownership: 39.92% → 31.42% (-8.5%)
43% less capital invested
Capital invested by funds: $95.1M → $54.4M (-$40.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.87M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.61M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$807K |
| 4 |
Morgan Stanley
New York
|
+$561K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$383K |
Top Sellers
| 1 |
JG
Jefferies Group
New York
|
-$41.5M |
| 2 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$3.99M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.54M |
| 5 |
Jane Street
New York
|
-$640K |
CORP Hedge Fund Activity: Q4 2014 in Review
34 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2014, worth a combined $54.4M — down 43% from $95.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CORP positions and 6 closed out — a net gain of 4 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.87M. The largest seller was Jefferies Group, exiting entirely with an estimated $41.5M sold.
- 34 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2014, up from 31 in Q3 2014.
- Funds reported $54.4M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2014, down 43% quarter-over-quarter.
- 10 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2014 and 6 closed out, a net change of +4 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2014 was Royal Bank of Canada, an estimated $4.87M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2014 was Jefferies Group, an estimated $41.5M sold.
Based on aggregated 13F filings for Q4 2014.