PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
117 hedge funds and large institutions have $451M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 10 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 119 → 117 (-2)
6.99% less ownership
Funds ownership: 63.87% → 56.89% (-7%)
7% less capital invested
Capital invested by funds: $485M → $451M (-$34.4M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$9.49M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.95M |
| 3 |
CCA
Cobblestone Capital Advisors
Rochester,
New York
|
+$1.89M |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$1.45M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.1M |
| 2 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
-$10.8M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$8.97M |
| 4 |
Jane Street
New York
|
-$5.93M |
| 5 |
VF
Virtu Financial
New York
|
-$2.86M |
CORP Hedge Fund Activity: Q3 2018 in Review
117 of the 4,391 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 $451M — down 7.1% from $485M a quarter earlier.
Fund positioning in CORP was balanced in Q3 2018: 10 funds opened new positions, 10 closed out, 43 added to existing stakes and 42 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.
- 117 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 $451M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2018, down 7.1% quarter-over-quarter.
- 10 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2018 and 10 closed out, a net change of 0 holders.
- 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.