Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
49 hedge funds and large institutions have $307M invested in Goldman Sachs Access Investment Grade Corporate Bond ETF in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
7% more funds holding
Funds holding: 46 → 49 (+3)
13.83% less ownership
Funds ownership: 78.82% → 64.98% (-14%)
31% less capital invested
Capital invested by funds: $444M → $307M (-$137M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.95M |
| 2 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
+$5.51M |
| 3 |
Jane Street
New York
|
+$5.13M |
| 4 |
CI
CX Institutional
Auburn,
Indiana
|
+$2.94M |
| 5 |
Morgan Stanley
New York
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$55.6M |
| 2 |
EWM
Executive Wealth Management
Brighton,
Michigan
|
-$54.8M |
| 3 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$27.9M |
| 4 |
Goldman Sachs
New York
|
-$7.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.24M |
GIGB Hedge Fund Activity: Q1 2020 in Review
49 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) for Q1 2020, worth a combined $307M — down 31% from $444M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GIGB positions and 6 closed out — a net gain of 6 holders — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $5.95M. The largest seller was Atria Investments, exiting entirely with an estimated $55.6M sold.
- 49 institutional investors held Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) as of Q1 2020, up from 46 in Q4 2019.
- Funds reported $307M of Goldman Sachs Access Investment Grade Corporate Bond ETF stock for Q1 2020, down 31% quarter-over-quarter.
- 12 funds opened new Goldman Sachs Access Investment Grade Corporate Bond ETF positions in Q1 2020 and 6 closed out, a net change of +6 holders.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF buyer in Q1 2020 was Bank of America, an estimated $5.95M added.
- The largest Goldman Sachs Access Investment Grade Corporate Bond ETF seller in Q1 2020 was Atria Investments, an estimated $55.6M sold.
Based on aggregated 13F filings for Q1 2020.