PIMCO Investment Grade Corporate Bond Exchange-Traded Fund
CORP
130 hedge funds and large institutions have $351M invested in PIMCO Investment Grade Corporate Bond Exchange-Traded Fund in 2019 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 35 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
88% more capital inflows, than outflows
Capital inflows: $81.3M | Capital outflows: $43.3M
66% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 35
9.88% more ownership
Funds ownership: 47.77% → 57.65% (+9.9%)
8% more funds holding
Funds holding: 120 → 130 (+10)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$24.2M |
| 2 |
Sargent Bickham Lagudis
Boulder,
Colorado
|
+$6.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.78M |
| 4 |
Peak Capital Management
Greenwood Village,
Colorado
|
+$2.79M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$14M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.9M |
| 3 |
Morgan Stanley
New York
|
-$4.26M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.54M |
| 5 |
IFP Advisors
Tampa,
Florida
|
-$1.98M |
CORP Hedge Fund Activity: Q1 2019 in Review
130 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Exchange-Traded Fund (CORP) for Q1 2019, worth a combined $351M — up 17% from $300M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CORP positions and 10 closed out — a net gain of 11 holders — while 58 added to existing stakes and 35 trimmed.
The largest buyer was Carson Wealth (CWM LLC), opening a new position worth an estimated $24.2M. The largest seller was Jane Street, cutting an estimated $14M.
- 130 institutional investors held PIMCO Investment Grade Corporate Bond Exchange-Traded Fund (CORP) as of Q1 2019, up from 120 in Q4 2018.
- Funds reported $351M of PIMCO Investment Grade Corporate Bond Exchange-Traded Fund stock for Q1 2019, up 17% quarter-over-quarter.
- 21 funds opened new PIMCO Investment Grade Corporate Bond Exchange-Traded Fund positions in Q1 2019 and 10 closed out, a net change of +11 holders.
- The largest PIMCO Investment Grade Corporate Bond Exchange-Traded Fund buyer in Q1 2019 was Carson Wealth (CWM LLC), an estimated $24.2M added.
- The largest PIMCO Investment Grade Corporate Bond Exchange-Traded Fund seller in Q1 2019 was Jane Street, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2019.