iShares Government/Credit Bond ETF
GBF
28 hedge funds and large institutions have $40.6M invested in iShares Government/Credit Bond ETF in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 17 reducing their positions, and 6 closing their positions.
10.51% less ownership
Funds ownership: 51.12% → 40.61% (-11%)
13% less funds holding
Funds holding: 32 → 28 (-4)
54% less capital invested
Capital invested by funds: $87.4M → $40.6M (-$46.8M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
76% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.22M |
| 2 |
Bank of New York Mellon
New York
|
+$32.9K |
| 3 |
IFS
Ifrah Financial Services
Little Rock,
Arkansas
|
+$26.6K |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$12.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3D Asset Management
Hartford,
Connecticut
|
-$22.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.98M |
| 3 |
Jane Street
New York
|
-$6.67M |
| 4 |
Goldman Sachs
New York
|
-$4.25M |
| 5 |
Morgan Stanley
New York
|
-$4.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
26
Glenmede Trust
Philadelphia,
Pennsylvania
| $26K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $18K | -$115K | -1,045 | -87% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $8K | – | – | – |
|
|
FWM
29
Focused Wealth Management
Newburgh,
New York
| $7K | +$6.9K | +63 | New |
|
|
3AM
30
3D Asset Management
Hartford,
Connecticut
| – | -$22.4M | -202,736 | Closed |
|
|
31
Envestnet Asset Management
Chicago,
Illinois
| – | -$7.98M | -72,386 | Closed |
|
|
BFA
32
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$4.04M | -36,649 | Closed |
|
|
PI
33
Placemark Investments
Chicago,
Illinois
| – | -$202K | -1,827 | Closed |
|
|
FHC
34
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$138K | -1,250 | Closed |
|
|
ECAM
35
East Coast Asset Management
Essex,
Massachusetts
| – | -$24K | -218 | Closed |
|
GBF Hedge Fund Activity: Q3 2013 in Review
28 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in iShares Government/Credit Bond ETF (GBF) for Q3 2013, worth a combined $40.6M — down 54% from $87.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GBF and 2 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 4 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.22M. The largest seller was 3D Asset Management, exiting entirely with an estimated $22.4M sold.
- 28 institutional investors held iShares Government/Credit Bond ETF (GBF) as of Q3 2013, down from 32 in Q2 2013.
- Funds reported $40.6M of iShares Government/Credit Bond ETF stock for Q3 2013, down 54% quarter-over-quarter.
- 2 funds opened new iShares Government/Credit Bond ETF positions in Q3 2013 and 6 closed out, a net change of -4 holders.
- The largest iShares Government/Credit Bond ETF buyer in Q3 2013 was Royal Bank of Canada, an estimated $1.22M added.
- The largest iShares Government/Credit Bond ETF seller in Q3 2013 was 3D Asset Management, an estimated $22.4M sold.
Based on aggregated 13F filings for Q3 2013.