iShares Fallen Angels USD Bond ETF
FALN
269 hedge funds and large institutions have $1.31B invested in iShares Fallen Angels USD Bond ETF in 2025 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 106 increasing their positions, 89 reducing their positions, and 27 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 89
11% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 27
3% more capital invested
Capital invested by funds: $1.27B → $1.31B (+$33.3M)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1% less funds holding
Funds holding: 271 → 269 (-2)
1.96% less ownership
Funds ownership: 73.49% → 71.53% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$34.3M |
| 2 |
Morgan Stanley
New York
|
+$26.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$25.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.1M |
| 5 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$9.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$35.5M |
| 2 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$24M |
| 3 |
Betterment LLC
New York
|
-$18.7M |
| 4 |
AIA
Angeles Investment Advisors
Santa Monica,
California
|
-$9.93M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$9.19M |
FALN Hedge Fund Activity: Q3 2025 in Review
269 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in iShares Fallen Angels USD Bond ETF (FALN) for Q3 2025, worth a combined $1.31B — up 2.6% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FALN positions and 27 closed out — a net gain of 3 holders — while 106 added to existing stakes and 89 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $34.3M. The largest seller was Envestnet Asset Management, cutting an estimated $35.5M.
- 269 institutional investors held iShares Fallen Angels USD Bond ETF (FALN) as of Q3 2025, down from 271 in Q2 2025.
- Funds reported $1.31B of iShares Fallen Angels USD Bond ETF stock for Q3 2025, up 2.6% quarter-over-quarter.
- 30 funds opened new iShares Fallen Angels USD Bond ETF positions in Q3 2025 and 27 closed out, a net change of +3 holders.
- The largest iShares Fallen Angels USD Bond ETF buyer in Q3 2025 was JP Morgan Chase, an estimated $34.3M added.
- The largest iShares Fallen Angels USD Bond ETF seller in Q3 2025 was Envestnet Asset Management, an estimated $35.5M sold.
Based on aggregated 13F filings for Q3 2025.