iShares Fallen Angels USD Bond ETF
FALN
293 hedge funds and large institutions have $1.1B invested in iShares Fallen Angels USD Bond ETF in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 86 increasing their positions, 140 reducing their positions, and 49 closing their positions.
1,000% more call options, than puts
Call options by funds: $33K | Put options by funds: $3K
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 49
3% less funds holding
Funds holding: 301 → 293 (-8)
3.84% less ownership
Funds ownership: 75.99% → 72.15% (-3.8%)
7% less capital invested
Capital invested by funds: $1.19B → $1.1B (-$84.1M)
39% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 140
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Asset Management
Tokyo,
Japan
|
+$40.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$15.9M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
+$14.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$13.4M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$63M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$37.3M |
| 3 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
-$33.1M |
| 4 |
Jane Street
New York
|
-$27.9M |
| 5 |
BlackRock
New York
|
-$13.6M |
FALN Hedge Fund Activity: Q1 2023 in Review
293 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q1 2023, worth a combined $1.1B — down 7.1% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of FALN and 48 opened new positions — a net loss of 1 holder — while 140 trimmed existing stakes and 86 added.
The largest buyer was Nomura Asset Management, adding an estimated $40.3M. The largest seller was SCS Capital Management, exiting entirely with an estimated $63M sold.
- 293 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q1 2023, down from 301 in Q4 2022.
- Funds reported $1.1B of iShares Fallen Angels USD Bond ETF stock for Q1 2023, down 7.1% quarter-over-quarter.
- 48 funds opened new iShares Fallen Angels USD Bond ETF positions in Q1 2023 and 49 closed out, a net change of -1 holder.
- The largest iShares Fallen Angels USD Bond ETF buyer in Q1 2023 was Nomura Asset Management, an estimated $40.3M added.
- The largest iShares Fallen Angels USD Bond ETF seller in Q1 2023 was SCS Capital Management, an estimated $63M sold.
Based on aggregated 13F filings for Q1 2023.