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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

118 hedge funds and large institutions have $450M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 10

5% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 41

1% less funds holding

Funds holding: 119118 (-1)

6.73% less ownership

Funds ownership: 63.87%57.14% (-6.7%)

7% less capital invested

Capital invested by funds: $485M → $450M (-$34.6M)

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

Holders
118
Holders Change
-1
Holders Change %
-0.84%
% of All Funds
2.7%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.11%
New
11
Increased
43
Reduced
41
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$163M -$1.86M -18,462 -1%
RJA
2
Raymond James & Associates
Florida
$42.9M -$237K -2,352 -0.5%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$18.9M -$1.62M -16,117 -8%
Bank of America
4
Bank of America
North Carolina
$16.5M -$378K -3,752 -2%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$14.3M +$232K +2,306 +2%
MAG
6
Mokosak Advisory Group
Iowa
$13.9M +$320K +3,179 +2%
PEA
7
Pacific Edge Advisors
California
$13.7M -$351K -3,485 -2%
BTS
8
BB&T Securities
Virginia
$11.2M +$1.32M +13,114 +13%
FIM
9
Frontier Investment Management
Texas
$10M +$529K +5,251 +6%
WI
10
WBI Investments
New Jersey
$9.47M +$9.49M +94,193 New
ML
11
McAdam LLC
Pennsylvania
$7.3M +$177K +1,757 +2%
AWMG
12
Alliance Wealth Management Group
New Jersey
$6.88M +$879K +8,721 +15%
TCM
13
Towercrest Capital Management
Pennsylvania
$6.88M +$879K +8,721 +15%
SPIA
14
Steward Partners Investment Advisory
New York
$5.34M +$332K +3,293 +7%
UCFA
15
United Capital Financial Advisors
Texas
$4.76M -$8.97M -88,983 -65%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$4.43M -$15.1M -150,095 -77%
SFA
17
Sequoia Financial Advisors
Ohio
$4.38M +$248K +2,465 +6%
HFS
18
HL Financial Services
Kentucky
$4.36M -$15.3K -152 -0.3%
SP
19
SWS Partners
Ohio
$4.14M -$201K -1,999 -5%
William Blair & Company
20
William Blair & Company
Illinois
$3.95M +$455K +4,515 +13%
UBS Group
21
UBS Group
Switzerland
$3.69M +$28.3K +281 +0.8%
FAAS
22
First Allied Advisory Services
California
$3.66M +$602K +5,974 +20%
Morgan Stanley
23
Morgan Stanley
New York
$3.58M +$310K +3,073 +9%
LYV
24
Live Your Vision
Pennsylvania
$3.57M +$166K +1,652 +5%
LPL Financial
25
LPL Financial
California
$3.48M -$466K -4,624 -12%

CORP Hedge Fund Activity: Q3 2018 in Review

118 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2018, worth a combined $450M — down 7.1% from $485M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new CORP positions and 10 closed out — a net gain of 1 holder — while 43 added to existing stakes and 41 trimmed.

The largest buyer was WBI Investments, opening a new position worth an estimated $9.49M. The largest seller was Envestnet Asset Management, cutting an estimated $15.1M.

  • 118 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2018, down from 119 in Q2 2018.
  • Funds reported $450M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2018, down 7.1% quarter-over-quarter.
  • 11 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2018 and 10 closed out, a net change of +1 holder.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2018 was WBI Investments, an estimated $9.49M added.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $15.1M sold.

Based on aggregated 13F filings for Q3 2018.