PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
147 hedge funds and large institutions have $607M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
39% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 46
24% more capital invested
Capital invested by funds: $488M → $607M (+$119M)
6% more funds holding
Funds holding: 139 → 147 (+8)
5.68% more ownership
Funds ownership: 65.74% → 71.42% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$44M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$20.4M |
| 3 |
Morgan Stanley
New York
|
+$16.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$11.6M |
| 5 |
LPL Financial
San Diego,
California
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$7.69M |
| 2 |
EK
Evensky & Katz
Coral Gables,
Florida
|
-$5.27M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
-$1.34M |
| 4 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
-$1.05M |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$877K |
CORP Hedge Fund Activity: Q3 2023 in Review
147 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q3 2023, worth a combined $607M — up 24% from $488M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new CORP positions and 7 closed out — a net gain of 10 holders — while 64 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $44M. The largest seller was Clear Creek Financial Management, cutting an estimated $7.69M.
- 147 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2023, up from 139 in Q2 2023.
- Funds reported $607M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2023, up 24% quarter-over-quarter.
- 17 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q3 2023 and 7 closed out, a net change of +10 holders.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q3 2023 was Bank of America, an estimated $44M added.
- The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q3 2023 was Clear Creek Financial Management, an estimated $7.69M sold.
Based on aggregated 13F filings for Q3 2023.