We are live on ! Find out more
FALN icon

iShares Fallen Angels USD Bond ETF
FALN

277 hedge funds and large institutions have $1.55B invested in iShares Fallen Angels USD Bond ETF in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 130 increasing their positions, 69 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

9,340% more call options, than puts

Call options by funds: $472K | Put options by funds: $5K

88% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 69

55% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 20

19% more capital invested

Capital invested by funds: $1.31B → $1.55B (+$245M)

17% more funds holding in top 10

Funds holding in top 10: 6 → 7 (+1)

4.49% more ownership

Funds ownership: 68.57% → 73.07% (+4.5%)

2% more funds holding

Funds holding: 271 → 277 (+6)

Holders
277
Holders Change
+6
Holders Change %
+2.21%
% of All Funds
3.71%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.09%
New
31
Increased
130
Reduced
69
Closed
20
Calls
$472K
Puts
$5K
Net Calls
+$467K
Net Calls Change
+$440K

Top Buyers

1
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
+$60.9M
2
VMPIC
Varma Mutual Pension Insurance Co
Finland
+$53.9M
3
Bank of America
Bank of America
North Carolina
+$21M
4
Jane Street
Jane Street
New York
+$15.4M
5
MG
Mather Group
Illinois
+$15.3M

Top Sellers

1
Nomura Asset Management
Nomura Asset Management
Japan
-$18.1M
2
SWP
Stratos Wealth Partners
Ohio
-$6.15M
3
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
-$5.08M
4
IAA
Independent Advisor Alliance
North Carolina
-$4.28M
5
BCI
Brinker Capital Investments
Pennsylvania
-$2.21M
Name Holding Trade Value Shares
Change 		Change in
Stake
PTC
226
Private Trust Company
Ohio
$58.9K – – –
CCM
227
Coldstream Capital Management
Washington
$58.7K +$59.1K +2,193 New
WSFS
228
Wilmington Savings Fund Society
Delaware
$55K +$1.59K +59 +3%
AFS
229
Anderson Financial Strategies
Ohio
$55K +$55.3K +2,052 New
FNWM
230
Financial Network Wealth Management
Utah
$53K +$54.3K +2,015 New
OCM
231
Orion Capital Management
California
$51.8K -$22.5K -837 -30%
SIS
232
Strategic Investment Solutions
Illinois
$51K +$10.9K +403 +27%
GJIA
233
Glass Jacobson Investment Advisors
Maryland
$49.6K – – –
Fifth Third Bancorp
234
Fifth Third Bancorp
Ohio
$47.8K +$15K +555 +45%
FFA
235
Founders Financial Alliance
North Carolina
$37.2K – – –
ADL
236
Asset Dedication LLC
California
$34.6K – – –
ACA
237
Aptus Capital Advisors
Alabama
$33K +$323 +12 +1%
BLC
238
Brown, Lisle/Cummings
Rhode Island
$32.1K +$32.3K +1,200 New
WP
239
WealthShield Partners
North Carolina
$31.7K -$1.94K -72 -6%
AWM
240
Angeles Wealth Management
California
$30.4K – – –
MCM
241
MAI Capital Management
Ohio
$21.8K – – –
TWC
242
TD Waterhouse Canada
Ontario, Canada
$19.1K +$7.81K +290 +68%
WWM
243
Wolff Wiese Magana
California
$16.1K +$269 +10 +2%
CA
244
CoreCap Advisors
Michigan
$15.2K +$11.9K +443 +360%
VWWMG
245
Vermillion & White Wealth Management Group
Pennsylvania
$15.1K -$47.5K -1,764 -76%
HNB
246
Huntington National Bank
Ohio
$14.6K – – –
CWP
247
Concord Wealth Partners
Virginia
$14.5K -$2.4K -89 -14%
AWM
248
Ameliora Wealth Management
Switzerland
$13.6K – – –
GWSG
249
GPS Wealth Strategies Group
Colorado
$13.5K +$13.6K +505 New
BWL
250
Bogart Wealth LLC
Virginia
$13K – – –
8 9
10
11 12

FALN Hedge Fund Activity: Q1 2025 in Review

277 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q1 2025, worth a combined $1.55B — up 19% from $1.31B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FALN positions and 20 closed out — a net gain of 11 holders — while 130 added to existing stakes and 69 trimmed.

The largest buyer was State of Tennessee, Department of Treasury, adding an estimated $60.9M. The largest seller was Nomura Asset Management, cutting an estimated $18.1M.

  • 277 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q1 2025, up from 271 in Q4 2024.
  • Funds reported $1.55B of iShares Fallen Angels USD Bond ETF stock for Q1 2025, up 19% quarter-over-quarter.
  • 31 funds opened new iShares Fallen Angels USD Bond ETF positions in Q1 2025 and 20 closed out, a net change of +11 holders.
  • The largest iShares Fallen Angels USD Bond ETF buyer in Q1 2025 was State of Tennessee, Department of Treasury, an estimated $60.9M added.
  • The largest iShares Fallen Angels USD Bond ETF seller in Q1 2025 was Nomura Asset Management, an estimated $18.1M sold.

Based on aggregated 13F filings for Q1 2025.