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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

37 hedge funds and large institutions have $78.8M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

45% more capital invested

Capital invested by funds: $54.4M → $78.8M (+$24.4M)

9% more funds holding

Funds holding: 3437 (+3)

0% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 10

1.54% less ownership

Funds ownership: 31.42%29.89% (-1.5%)

Holders
37
Holders Change
+3
Holders Change %
+8.82%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
10
Reduced
10
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
JG
1
Jefferies Group
New York
$17.4M +$17.4M +166,775 New
Allianz Asset Management
2
Allianz Asset Management
Germany
$8.91M +$8.91M +85,503 New
Wells Fargo
3
Wells Fargo
California
$8.29M +$3.14M +30,151 +61%
HighTower Advisors
4
HighTower Advisors
Illinois
$5.51M +$656K +6,294 +14%
Jane Street
5
Jane Street
New York
$4.89M +$4.89M +46,943 New
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$4.68M -$2.12M -20,368 -31%
HFS
7
HL Financial Services
Kentucky
$4.13M +$106K +1,019 +3%
LPL Financial
8
LPL Financial
California
$3.54M +$855K +8,203 +32%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$3.28M +$2.61M +25,073 +390%
Goldman Sachs
10
Goldman Sachs
New York
$3.17M -$1.65M -15,841 -34%
Morgan Stanley
11
Morgan Stanley
New York
$2.66M +$293K +2,815 +12%
Bank of America
12
Bank of America
North Carolina
$2.32M -$731K -7,017 -24%
QA
13
Quantitative Advantage
Minnesota
$1.74M -$73.9K -709 -4%
CI
14
Clal Insurance
Israel
$1.46M +$116K +1,115 +9%
GC
15
Guggenheim Capital
Illinois
$1.11M +$386K +3,705 +53%
FIM
16
Frontier Investment Management
Texas
$879K +$886K +8,503 New
WS
17
Wedbush Securities
California
$574K -$7.29K -70 -1%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$564K
VKH
19
Virtu KCG Holdings
New York
$493K -$2.92M -28,028 -86%
AIG
20
American International Group
New York
$450K -$12.1K -116 -3%
UBS Group
21
UBS Group
Switzerland
$390K -$186K -1,789 -32%
MAA
22
Managed Account Advisors
New Jersey
$380K -$119K -1,145 -24%
SHJ
23
Sharkey, Howes & Javer
Colorado
$346K +$346K +3,326 New
JPTCCM
24
J.P. Turner & Co Capital Management
Georgia
$307K +$307K +2,945 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$299K +$11.1K +107 +4%

CORP Hedge Fund Activity: Q1 2015 in Review

37 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2015, worth a combined $78.8M — up 45% from $54.4M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new CORP positions and 7 closed out — a net gain of 4 holders — while 10 added to existing stakes and 10 trimmed.

The largest buyer was Jefferies Group, opening a new position worth an estimated $17.4M. The largest seller was First Trust Advisors, exiting entirely with an estimated $8.34M sold.

  • 37 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2015, up from 34 in Q4 2014.
  • Funds reported $78.8M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2015, up 45% quarter-over-quarter.
  • 11 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2015 and 7 closed out, a net change of +4 holders.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2015 was Jefferies Group, an estimated $17.4M added.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2015 was First Trust Advisors, an estimated $8.34M sold.

Based on aggregated 13F filings for Q1 2015.