PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
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, 67 increasing their positions, 48 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
40% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 48
11% more capital invested
Capital invested by funds: $748M → $828M (+$80.2M)
9% more funds holding
Funds holding: 147 → 160 (+13)
2.48% more ownership
Funds ownership: 72.4% → 74.88% (+2.5%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$35.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$14.8M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$11.9M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$11.1M |
| 5 |
Morgan Stanley
New York
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$38.4M |
| 2 |
Jane Street
New York
|
-$6.06M |
| 3 |
FF
Financial Futures
Brielle,
New Jersey
|
-$4.76M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.12M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.64M |
CORP Hedge Fund Activity: Q1 2024 in Review
160 of the 6,958 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 11% from $748M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CORP positions and 10 closed out — a net gain of 14 holders — while 67 added to existing stakes and 48 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 11% 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.