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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

120 hedge funds and large institutions have $299M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

15% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 20

2% more funds holding

Funds holding: 118120 (+2)

9.41% less ownership

Funds ownership: 57.14%47.73% (-9.4%)

20% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 46

34% less capital invested

Capital invested by funds: $450M → $299M (-$151M)

Holders
120
Holders Change
+2
Holders Change %
+1.69%
% of All Funds
2.67%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.13%
New
23
Increased
37
Reduced
46
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$52.3M -$108M -1,088,429 -67%
Bank of America
2
Bank of America
North Carolina
$28M +$11.7M +118,342 +72%
RJA
3
Raymond James & Associates
Florida
$22.2M -$20M -202,966 -48%
Jane Street
4
Jane Street
New York
$15.8M +$14.7M +149,189 +1,473%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$13M -$5.57M -56,388 -30%
MAG
6
Mokosak Advisory Group
Iowa
$10.4M -$3.25M -32,860 -24%
FIM
7
Frontier Investment Management
Texas
$10.2M +$354K +3,585 +4%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$7.6M -$6.48M -65,592 -46%
TCM
9
Towercrest Capital Management
Pennsylvania
$6.94M +$165K +1,673 +2%
Morgan Stanley
10
Morgan Stanley
New York
$6.16M +$2.63M +26,636 +75%
William Blair & Company
11
William Blair & Company
Illinois
$6.07M +$2.18M +22,070 +56%
AWMG
12
Alliance Wealth Management Group
New Jersey
$6M -$777K -7,871 -12%
SFA
13
Sequoia Financial Advisors
Ohio
$4.97M +$649K +6,570 +15%
UBS Group
14
UBS Group
Switzerland
$4.83M +$1.19M +12,057 +33%
ML
15
McAdam LLC
Pennsylvania
$4.75M -$2.44M -24,691 -34%
Wells Fargo
16
Wells Fargo
California
$4.71M +$3.88M +39,296 +478%
SPIA
17
Steward Partners Investment Advisory
New York
$4.57M -$691K -6,997 -13%
HFS
18
HL Financial Services
Kentucky
$3.94M -$351K -3,555 -8%
SP
19
SWS Partners
Ohio
$3.72M -$362K -3,670 -9%
FAAS
20
First Allied Advisory Services
California
$3.51M -$90.6K -917 -3%
LPL Financial
21
LPL Financial
California
$3.48M +$52.9K +536 +2%
WP
22
WealthSource Partners
California
$3.27M +$35K +354 +1%
BCM
23
Boltwood Capital Management
California
$3.24M +$3.23M +32,672 New
LYV
24
Live Your Vision
Pennsylvania
$3M -$528K -5,348 -15%
EK
25
Evensky & Katz
Florida
$2.97M +$849K +8,596 +40%

CORP Hedge Fund Activity: Q4 2018 in Review

120 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q4 2018, worth a combined $299M — down 34% from $450M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new CORP positions and 20 closed out — a net gain of 3 holders — while 37 added to existing stakes and 46 trimmed.

The largest buyer was Jane Street, adding an estimated $14.7M. The largest seller was RiverFront Investment Group, cutting an estimated $108M.

  • 120 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q4 2018, up from 118 in Q3 2018.
  • Funds reported $299M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q4 2018, down 34% quarter-over-quarter.
  • 23 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q4 2018 and 20 closed out, a net change of +3 holders.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q4 2018 was Jane Street, an estimated $14.7M added.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q4 2018 was RiverFront Investment Group, an estimated $108M sold.

Based on aggregated 13F filings for Q4 2018.