iShares Fallen Angels USD Bond ETF
FALN
283 hedge funds and large institutions have $2.77B invested in iShares Fallen Angels USD Bond ETF in 2021 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 173 increasing their positions, 44 reducing their positions, and 9 closing their positions.
456% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 9
293% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 44
80% more funds holding in top 10
Funds holding in top 10: 10 → 18 (+8)
19% more capital invested
Capital invested by funds: $2.32B → $2.77B (+$448M)
16% more funds holding
Funds holding: 244 → 283 (+39)
7.05% less ownership
Funds ownership: 87.39% → 80.33% (-7.1%)
41% less call options, than puts
Call options by funds: $295K | Put options by funds: $497K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$122M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$89.3M |
| 3 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$49.6M |
| 4 |
LPL Financial
San Diego,
California
|
+$27.9M |
| 5 |
RH
RenaissanceRe Holdings
Pembroke,
Bermuda
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
McMorgan & Co
San Francisco,
California
|
-$33.4M |
| 2 |
Jane Street
New York
|
-$26.6M |
| 3 |
WP
WealthShield Partners
Cary,
North Carolina
|
-$10.6M |
| 4 |
5L
55I LLC
Boston,
Massachusetts
|
-$5.27M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$4.53M |
FALN Hedge Fund Activity: Q3 2021 in Review
283 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q3 2021, worth a combined $2.77B — up 19% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FALN positions and 9 closed out — a net gain of 41 holders — while 173 added to existing stakes and 44 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $122M. The largest seller was McMorgan & Co, exiting entirely with an estimated $33.4M sold.
- 283 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q3 2021, up from 244 in Q2 2021.
- Funds reported $2.77B of iShares Fallen Angels USD Bond ETF stock for Q3 2021, up 19% quarter-over-quarter.
- 50 funds opened new iShares Fallen Angels USD Bond ETF positions in Q3 2021 and 9 closed out, a net change of +41 holders.
- The largest iShares Fallen Angels USD Bond ETF buyer in Q3 2021 was Envestnet Asset Management, an estimated $122M added.
- The largest iShares Fallen Angels USD Bond ETF seller in Q3 2021 was McMorgan & Co, an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2021.