iShares Fallen Angels USD Bond ETF
FALN
291 hedge funds and large institutions have $1.3B invested in iShares Fallen Angels USD Bond ETF in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 125 increasing their positions, 115 reducing their positions, and 36 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
18% more capital invested
Capital invested by funds: $1.1B → $1.3B (+$196M)
3.92% more ownership
Funds ownership: 72.15% → 76.07% (+3.9%)
9% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 115
0% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 36
1% less funds holding
Funds holding: 293 → 291 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFSG
Sound Financial Strategies Group
Madison,
Mississippi
|
+$60.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$27.8M |
| 3 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$26.1M |
| 4 |
OP
ORG Partners
Roanoke,
Indiana
|
+$18.5M |
| 5 |
Jane Street
New York
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
RenaissanceRe Holdings
Pembroke,
Bermuda
|
-$18M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$12.5M |
| 3 |
Nomura Asset Management
Tokyo,
Japan
|
-$9.79M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.86M |
| 5 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$2.77M |
FALN Hedge Fund Activity: Q2 2023 in Review
291 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q2 2023, worth a combined $1.3B — up 18% from $1.1B a quarter earlier.
Fund positioning in FALN was balanced in Q2 2023: 36 funds opened new positions, 36 closed out, 125 added to existing stakes and 115 trimmed.
The largest buyer was Sound Financial Strategies Group, opening a new position worth an estimated $60.7M. The largest seller was RenaissanceRe Holdings, exiting entirely with an estimated $18M sold.
- 291 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q2 2023, down from 293 in Q1 2023.
- Funds reported $1.3B of iShares Fallen Angels USD Bond ETF stock for Q2 2023, up 18% quarter-over-quarter.
- 36 funds opened new iShares Fallen Angels USD Bond ETF positions in Q2 2023 and 36 closed out, a net change of 0 holders.
- The largest iShares Fallen Angels USD Bond ETF buyer in Q2 2023 was Sound Financial Strategies Group, an estimated $60.7M added.
- The largest iShares Fallen Angels USD Bond ETF seller in Q2 2023 was RenaissanceRe Holdings, an estimated $18M sold.
Based on aggregated 13F filings for Q2 2023.