iShares Fallen Angels USD Bond ETF
FALN
278 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, 131 increasing their positions, 69 reducing their positions, and 20 closing their positions.
9,340% more call options, than puts
Call options by funds: $472K | Put options by funds: $5K
90% more repeat investments, than reductions
Existing positions increased: 131 | 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 (+$244M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
4.46% more ownership
Funds ownership: 68.57% → 73.03% (+4.5%)
3% more funds holding
Funds holding: 271 → 278 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$60.9M |
| 2 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$53.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21M |
| 4 |
Jane Street
New York
|
+$15.4M |
| 5 |
MG
Mather Group
Chicago,
Illinois
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Asset Management
Tokyo,
Japan
|
-$18.1M |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$6.15M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.08M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$4.28M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.21M |
FALN Hedge Fund Activity: Q1 2025 in Review
278 of the 7,471 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 131 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.
- 278 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.