Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
27 hedge funds and large institutions have $220M invested in Goldman Sachs Access Investment Grade Corporate Bond ETF in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 6 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
9% more capital invested
Capital invested by funds: $202M → $220M (+$18.5M)
5.63% more ownership
Funds ownership: 60.43% → 66.05% (+5.6%)
10% less funds holding
Funds holding: 30 → 27 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.9M |
| 2 |
Jane Street
New York
|
+$6.94M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.55M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.77M |
| 5 |
Goldman Sachs
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$5.03M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$999K |
| 3 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$630K |
| 4 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
-$621K |
| 5 |
BA
BKS Advisors
Southfield,
Michigan
|
-$307K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $5K | – | – | – |
|
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$999K | -20,811 | Closed |
|
|
CRWM
28
Castle Rock Wealth Management
Walnut Creek,
California
| – | -$630K | -13,419 | Closed |
|
|
FTS
29
Fifth Third Securities
Cincinnati,
Ohio
| – | -$621K | -12,949 | Closed |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$256K | -5,332 | Closed |
|
|
RMAM
31
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$31K | -665 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$14K | -300 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | +$47 | +1 | New |
|
GIGB Hedge Fund Activity: Q4 2018 in Review
27 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) for Q4 2018, worth a combined $220M — up 9.2% from $202M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GIGB and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Envestnet Asset Management, adding an estimated $7.9M. The largest seller was Stephens Inc, cutting an estimated $5.03M.
- 27 institutional investors held Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) as of Q4 2018, down from 30 in Q3 2018.
- Funds reported $220M of Goldman Sachs Access Investment Grade Corporate Bond ETF stock for Q4 2018, up 9.2% quarter-over-quarter.
- 4 funds opened new Goldman Sachs Access Investment Grade Corporate Bond ETF positions in Q4 2018 and 6 closed out, a net change of -2 holders.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF buyer in Q4 2018 was Envestnet Asset Management, an estimated $7.9M added.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF seller in Q4 2018 was Stephens Inc, an estimated $5.03M sold.
Based on aggregated 13F filings for Q4 2018.