iShares Fallen Angels USD Bond ETF
FALN
257 hedge funds and large institutions have $1.09B invested in iShares Fallen Angels USD Bond ETF in 2023 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 87 increasing their positions, 87 reducing their positions, and 28 closing their positions.
125% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 28
24% more capital invested
Capital invested by funds: $882M → $1.09B (+$212M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more funds holding
Funds holding: 224 → 257 (+33)
3.94% more ownership
Funds ownership: 68.46% → 72.39% (+3.9%)
0% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$34.3M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.3M |
| 4 |
Morgan Stanley
New York
|
+$22.9M |
| 5 |
AFO
Allie Family Office
Miami,
Florida
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$40.9M |
| 2 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
-$26.4M |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$14.4M |
| 4 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
-$14.1M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$10.1M |
FALN Hedge Fund Activity: Q4 2023 in Review
257 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q4 2023, worth a combined $1.09B — up 24% from $882M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new FALN positions and 28 closed out — a net gain of 35 holders — while 87 added to existing stakes and 87 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $61.1M. The largest seller was Jane Street, cutting an estimated $40.9M.
- 257 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q4 2023, up from 224 in Q3 2023.
- Funds reported $1.09B of iShares Fallen Angels USD Bond ETF stock for Q4 2023, up 24% quarter-over-quarter.
- 63 funds opened new iShares Fallen Angels USD Bond ETF positions in Q4 2023 and 28 closed out, a net change of +35 holders.
- The largest iShares Fallen Angels USD Bond ETF buyer in Q4 2023 was Fidelity Investments, an estimated $61.1M added.
- The largest iShares Fallen Angels USD Bond ETF seller in Q4 2023 was Jane Street, an estimated $40.9M sold.
Based on aggregated 13F filings for Q4 2023.