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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

160 hedge funds and large institutions have $828M invested in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 50 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 10

32% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 50

9% more funds holding

Funds holding: 147160 (+13)

4% more capital invested

Capital invested by funds: $793M → $828M (+$35.4M)

1.98% less ownership

Funds ownership: 76.87%74.88% (-2%)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

Holders
160
Holders Change
+13
Holders Change %
+8.84%
% of All Funds
2.3%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
24
Increased
66
Reduced
50
Closed
10
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
$139M -$38.4M -400,127 -22%
Carson Wealth (CWM LLC)
2
Carson Wealth (CWM LLC)
Nebraska
$96.7M +$35.8M +373,024 +59%
Morgan Stanley
3
Morgan Stanley
New York
$53.4M -$32.3M -336,576 -38%
LPL Financial
4
LPL Financial
California
$52.6M +$14.8M +153,937 +39%
MIFH
5
Migdal Insurance & Financial Holdings
Israel
$29M +$6.75M +70,395 +30%
Allianz Asset Management
6
Allianz Asset Management
Germany
$28.1M -$1.72M -17,925 -6%
RIP
7
RAM Investment Partners
Washington
$20.1M +$1.61M +16,787 +9%
OIA
8
OneDigital Investment Advisors
Kansas
$19M +$3.37M +35,127 +22%
MAG
9
Mokosak Advisory Group
Iowa
$18.4M +$1.36M +14,176 +8%
UBS Group
10
UBS Group
Switzerland
$16.4M +$1.35M +14,059 +9%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$15.1M +$3.07M +32,000 +26%
CRA
12
Clear Rock Advisors
Texas
$14.9M +$321K +3,348 +2%
AP
13
Agilis Partners
Massachusetts
$14M
XF
14
XML Financial
Maryland
$13.8M +$5.74M +59,912 +71%
TCM
15
Tradewinds Capital Management
Washington
$12M +$11.9M +124,444 New
Osaic Holdings
16
Osaic Holdings
Arizona
$11.7M -$4.12M -43,024 -26%
CWM
17
Cornerstone Wealth Management
Missouri
$11.4M +$87K +907 +0.8%
Bank of Nova Scotia
18
Bank of Nova Scotia
Ontario, Canada
$11.2M +$11.1M +116,043 New
Wells Fargo
19
Wells Fargo
California
$10.8M -$399K -4,166 -4%
JP Morgan Chase
20
JP Morgan Chase
New York
$10.2M +$1.02M +10,587 +11%
AF
21
Allworth Financial
California
$9.99M +$9.97M +104,000 New
ML
22
McAdam LLC
Pennsylvania
$9.95M +$507K +5,289 +5%
TCM
23
Towercrest Capital Management
Pennsylvania
$8.49M +$50.3K +525 +0.6%
AWMG
24
Alliance Wealth Management Group
New Jersey
$8.47M +$37.2K +388 +0.4%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$7.85M +$316K +3,295 +4%

CORP Hedge Fund Activity: Q1 2024 in Review

160 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) for Q1 2024, worth a combined $828M — up 4.5% from $793M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new CORP positions and 10 closed out — a net gain of 14 holders — while 66 added to existing stakes and 50 trimmed.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $35.8M. The largest seller was Bank of America, cutting an estimated $38.4M.

  • 160 institutional investors held PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP) as of Q1 2024, up from 147 in Q4 2023.
  • Funds reported $828M of PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund stock for Q1 2024, up 4.5% quarter-over-quarter.
  • 24 funds opened new PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund positions in Q1 2024 and 10 closed out, a net change of +14 holders.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund buyer in Q1 2024 was Carson Wealth (CWM LLC), an estimated $35.8M added.
  • The largest PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund seller in Q1 2024 was Bank of America, an estimated $38.4M sold.

Based on aggregated 13F filings for Q1 2024.