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PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

141 hedge funds and large institutions have $1.76B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 66 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 11

164% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 25

56% more funds holding in top 10

Funds holding in top 10: 914 (+5)

17% more funds holding

Funds holding: 121141 (+20)

16% more capital invested

Capital invested by funds: $1.51B → $1.76B (+$244M)

1.95% less ownership

Funds ownership: 71.45%69.5% (-2%)

Holders
141
Holders Change
+20
Holders Change %
+16.53%
% of All Funds
4.57%
Holding in Top 10
14
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+55.56%
% of All Funds
0.45%
New
33
Increased
66
Reduced
25
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$185M +$161M +1,537,361 +669%
Allianz Asset Management
2
Allianz Asset Management
Germany
$182M
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$136M +$17.4M +166,944 +15%
BTS
4
BB&T Securities
Virginia
$77.5M +$6.78M +64,922 +729%
CC
5
Curian Capital
Colorado
$75M -$6.87M -65,721 -8%
Ameriprise
6
Ameriprise
Minnesota
$70.7M -$8.12M -77,743 -10%
Morgan Stanley
7
Morgan Stanley
New York
$70.3M +$46.2M +442,095 +194%
LPL Financial
8
LPL Financial
California
$63.4M +$31.5M +301,689 +101%
WCM
9
Weatherstone Capital Management
Colorado
$60.9M +$36.9M +353,048 +157%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$55.6M +$22.3M +213,540 +68%
Bank of America
11
Bank of America
North Carolina
$53M +$9.65M +92,331 +22%
SAS
12
Sage Advisory Services
Texas
$50.1M +$49.8M +477,183 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$46M +$37.1M +355,425 +428%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$39.7M +$28.2M +269,569 +248%
U
15
UBS
Switzerland
$38.6M -$704K -6,739 -2%
CSIA
16
Charles Schwab Investment Advisory
California
$37.7M -$106M -1,013,047 -74%
BCI
17
Brinker Capital Investments
Pennsylvania
$29.8M +$3M +28,740 +11%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$25.5M -$1.65M -15,783 -6%
B
19
Baird
Wisconsin
$23.5M -$245K -2,346 -1%
AC
20
AFAM Capital
Texas
$22.5M -$3.17M -30,364 -12%
YMRC
21
Yorktown Management & Research Company
Virginia
$21.6M +$418K +4,000 +2%
Ohio Public Employees Retirement System (OPERS)
22
Ohio Public Employees Retirement System (OPERS)
Ohio
$21M
FSIM
23
F-Squared Investment Management
Massachusetts
$20.5M +$20.4M +195,000 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$20.3M +$2.34M +22,360 +13%
PIM
25
Parasol Investment Management
Illinois
$19.6M +$19.5M +187,122 New

HYS Hedge Fund Activity: Q3 2013 in Review

141 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) for Q3 2013, worth a combined $1.76B — up 16% from $1.51B a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new HYS positions and 11 closed out — a net gain of 22 holders — while 66 added to existing stakes and 25 trimmed.

The largest buyer was RiverFront Investment Group, adding an estimated $161M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $106M.

  • 141 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q3 2013, up from 121 in Q2 2013.
  • Funds reported $1.76B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q3 2013, up 16% quarter-over-quarter.
  • 33 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q3 2013 and 11 closed out, a net change of +22 holders.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q3 2013 was RiverFront Investment Group, an estimated $161M added.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q3 2013 was Charles Schwab Investment Advisory, an estimated $106M sold.

Based on aggregated 13F filings for Q3 2013.