Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
63 hedge funds and large institutions have $359M invested in Goldman Sachs Access Investment Grade Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more capital invested
Capital invested by funds: $322M → $359M (+$36.7M)
5% more funds holding
Funds holding: 60 → 63 (+3)
2.23% more ownership
Funds ownership: 56.51% → 58.74% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$10.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.44M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.65M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.84M |
| 5 |
EWM
Executive Wealth Management
Brighton,
Michigan
|
+$4.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$16.4M |
| 2 |
APW
Acima Private Wealth
Richmond,
Virginia
|
-$6.03M |
| 3 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$436K |
| 4 |
AF
Allworth Financial
Folsom,
California
|
-$249K |
| 5 |
Betterment LLC
New York
|
-$233K |
GIGB Hedge Fund Activity: Q1 2023 in Review
63 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) for Q1 2023, worth a combined $359M — up 11% from $322M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GIGB positions and 8 closed out — a net gain of 4 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was LPL Financial, adding an estimated $10.2M. The largest seller was Morgan Stanley, cutting an estimated $16.4M.
- 63 institutional investors held Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) as of Q1 2023, up from 60 in Q4 2022.
- Funds reported $359M of Goldman Sachs Access Investment Grade Corporate Bond ETF stock for Q1 2023, up 11% quarter-over-quarter.
- 12 funds opened new Goldman Sachs Access Investment Grade Corporate Bond ETF positions in Q1 2023 and 8 closed out, a net change of +4 holders.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF buyer in Q1 2023 was LPL Financial, an estimated $10.2M added.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF seller in Q1 2023 was Morgan Stanley, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2023.