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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

54 hedge funds and large institutions have $206M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2016 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

186% more capital invested

Capital invested by funds: $72.2M → $206M (+$134M)

42% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 12

25.61% more ownership

Funds ownership: 28.81%54.43% (+26%)

26% more funds holding

Funds holding: 4354 (+11)

Holders
54
Holders Change
+11
Holders Change %
+25.58%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
17
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$96.8M +$94.1M +938,586 New
RJA
2
Raymond James & Associates
Florida
$17.3M +$16.8M +167,373 New
HighTower Advisors
3
HighTower Advisors
Illinois
$10.4M +$766K +7,641 +8%
BTS
4
BB&T Securities
Virginia
$8.03M +$7.81M +77,879 New
FWM
5
Frontier Wealth Management
Missouri
$7.83M -$689K -6,872 -8%
WP
6
WealthSource Partners
California
$7.74M +$7.52M +74,979 New
Morgan Stanley
7
Morgan Stanley
New York
$7.71M +$5.58M +55,678 +292%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$7.18M +$1.97M +19,646 +39%
Bank of America
9
Bank of America
North Carolina
$6.8M +$2.45M +24,406 +59%
LPL Financial
10
LPL Financial
California
$6.08M -$148K -1,473 -2%
HFS
11
HL Financial Services
Kentucky
$4.1M -$228K -2,274 -5%
Jane Street
12
Jane Street
New York
$2.74M +$2.67M +26,582 New
VKH
13
Virtu KCG Holdings
New York
$2.58M -$2.43M -24,217 -49%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$2.35M +$2.29M +22,823 New
Wells Fargo
15
Wells Fargo
California
$2.27M +$1.9M +18,942 +614%
FIM
16
Frontier Investment Management
Texas
$2.27M +$1.23M +12,293 +127%
SBL
17
Sargent Bickham Lagudis
Colorado
$1.26M +$1.22M +12,212 New
MIFH
18
Migdal Insurance & Financial Holdings
Israel
$1.16M -$200K -1,994 -15%
GC
19
Guggenheim Capital
Illinois
$1.03M -$180K -1,797 -15%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$1.03M +$1M +10,016 New
Bank of New York Mellon
21
Bank of New York Mellon
New York
$966K -$1.46M -14,592 -61%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$965K -$8.34M -83,142 -90%
DWM
23
Destination Wealth Management
California
$901K
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$595K -$12.2K -122 -2%
Janney Montgomery Scott
25
Janney Montgomery Scott
Pennsylvania
$583K +$23.8K +237 +4%

CORP Hedge Fund Activity: Q1 2016 in Review

54 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2016, worth a combined $206M — up 186% from $72.2M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new CORP positions and 5 closed out — a net gain of 11 holders — while 17 added to existing stakes and 12 trimmed.

The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $94.1M. The largest seller was Susquehanna International Group, cutting an estimated $8.34M.

  • 54 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2016, up from 43 in Q4 2015.
  • Funds reported $206M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2016, up 186% quarter-over-quarter.
  • 16 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2016 and 5 closed out, a net change of +11 holders.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2016 was RiverFront Investment Group, an estimated $94.1M added.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2016 was Susquehanna International Group, an estimated $8.34M sold.

Based on aggregated 13F filings for Q1 2016.