PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
115 hedge funds and large institutions have $282M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 22 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
6% less funds holding
Funds holding: 122 → 115 (-7)
12% less ownership
Funds ownership: 55.25% → 43.26% (-12%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
35% less capital invested
Capital invested by funds: $434M → $282M (-$151M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$5.44M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.35M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.84M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.65M |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$81.1M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$55.8M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$8.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.4M |
| 5 |
Jane Street
New York
|
-$4.84M |
CORP Hedge Fund Activity: Q3 2019 in Review
115 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2019, worth a combined $282M — down 35% from $434M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of CORP and 15 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 47 added.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $5.44M. The largest seller was Raymond James & Associates, cutting an estimated $81.1M.
- 115 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2019, down from 122 in Q2 2019.
- Funds reported $282M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2019, down 35% quarter-over-quarter.
- 15 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2019 and 22 closed out, a net change of -7 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2019 was Bluefin Capital Management, an estimated $5.44M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2019 was Raymond James & Associates, an estimated $81.1M sold.
Based on aggregated 13F filings for Q3 2019.