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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

148 hedge funds and large institutions have $609M 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, 65 increasing their positions, 46 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 46 (+2)

41% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 46

25% more capital invested

Capital invested by funds: $488M → $609M (+$121M)

5.95% more ownership

Funds ownership: 65.77%71.72% (+6%)

6% more funds holding

Funds holding: 140148 (+8)

Holders
148
Holders Change
+8
Holders Change %
+5.71%
% of All Funds
2.35%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
17
Increased
65
Reduced
46
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$157M +$44M +471,591 +38%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$42M +$20.4M +218,892 +90%
Morgan Stanley
3
Morgan Stanley
New York
$31.2M +$16.3M +174,585 +104%
Allianz Asset Management
4
Allianz Asset Management
Germany
$28.2M +$11.6M +124,165 +67%
LPL Financial
5
LPL Financial
California
$25.5M +$10M +107,201 +62%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$16.9M +$2.77M +29,747 +19%
MIFH
7
Migdal Insurance & Financial Holdings
Israel
$16.5M +$2.41M +25,836 +17%
MAG
8
Mokosak Advisory Group
Iowa
$15.6M +$488K +5,227 +3%
RIP
9
RAM Investment Partners
Washington
$14M +$1.71M +18,351 +14%
CCFCSB
10
Cape Cod Five Cents Savings Bank
Massachusetts
$12.4M +$6.13M +65,683 +94%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$10.9M +$222K +2,376 +2%
OIA
12
OneDigital Investment Advisors
Kansas
$10.7M +$1.35M +14,496 +14%
CWM
13
Cornerstone Wealth Management
Missouri
$9.08M +$140K +1,506 +2%
ML
14
McAdam LLC
Pennsylvania
$9.06M +$10.4K +111 +0.1%
JP Morgan Chase
15
JP Morgan Chase
New York
$8.97M +$4.9M +52,590 +115%
Jane Street
16
Jane Street
New York
$8.66M +$7.92M +84,880 +831%
Osaic Holdings
17
Osaic Holdings
Arizona
$8.49M +$1.24M +13,317 +17%
TCM
18
Towercrest Capital Management
Pennsylvania
$8.28M +$353K +3,790 +4%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$7.22M +$989K +10,605 +15%
UBS Group
20
UBS Group
Switzerland
$7.12M +$212K +2,274 +3%
SFA
21
Sequoia Financial Advisors
Ohio
$7.09M -$381K -4,082 -5%
Wells Fargo
22
Wells Fargo
California
$6.42M +$960K +10,297 +17%
SPIA
23
Steward Partners Investment Advisory
New York
$6.35M +$142K +1,526 +2%
W
24
WealthOne
New York
$6.33M -$273K -2,926 -4%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$6.32M +$5.79M +62,099 +1,018%

CORP Hedge Fund Activity: Q3 2023 in Review

148 of the 6,301 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 $609M — up 25% 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 65 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.

  • 148 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q3 2023, up from 140 in Q2 2023.
  • Funds reported $609M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q3 2023, up 25% 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.