PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
63 hedge funds and large institutions have $225M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 10 reducing their positions, and 5 closing their positions.
190% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 10
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
17% more funds holding
Funds holding: 54 → 63 (+9)
9% more capital invested
Capital invested by funds: $206M → $225M (+$18.2M)
3.84% less ownership
Funds ownership: 54.43% → 50.59% (-3.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.2M |
| 2 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
+$5.43M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$3.51M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.05M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$7.74M |
| 2 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$6.05M |
| 3 |
Morgan Stanley
New York
|
-$4.53M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.99M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$2.48M |
CORP Hedge Fund Activity: Q2 2016 in Review
63 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q2 2016, worth a combined $225M — up 8.8% from $206M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CORP positions and 5 closed out — a net gain of 9 holders — while 29 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.2M. The largest seller was WealthSource Partners, exiting entirely with an estimated $7.74M sold.
- 63 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q2 2016, up from 54 in Q1 2016.
- Funds reported $225M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q2 2016, up 8.8% quarter-over-quarter.
- 14 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q2 2016 and 5 closed out, a net change of +9 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q2 2016 was Wells Fargo, an estimated $13.2M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q2 2016 was WealthSource Partners, an estimated $7.74M sold.
Based on aggregated 13F filings for Q2 2016.