PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
89 hedge funds and large institutions have $461M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 18 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
122% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 18
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more funds holding
Funds holding: 79 → 89 (+10)
1% less capital invested
Capital invested by funds: $468M → $461M (-$6.49M)
3.6% less ownership
Funds ownership: 66.48% → 62.88% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1.68M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.39M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$1.36M |
| 4 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
+$1.22M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$21.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.16M |
| 3 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$1.67M |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$985K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$958K |
CORP Hedge Fund Activity: Q2 2017 in Review
89 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q2 2017, worth a combined $461M — down 1.4% from $468M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CORP positions and 6 closed out — a net gain of 11 holders — while 40 added to existing stakes and 18 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $1.68M. The largest seller was Bank of America, cutting an estimated $21.2M.
- 89 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q2 2017, up from 79 in Q1 2017.
- Funds reported $461M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q2 2017, down 1.4% quarter-over-quarter.
- 17 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q2 2017 and 6 closed out, a net change of +11 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q2 2017 was United Capital Financial Advisors, an estimated $1.68M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q2 2017 was Bank of America, an estimated $21.2M sold.
Based on aggregated 13F filings for Q2 2017.