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

183 hedge funds and large institutions have $3.22B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2014 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 84 increasing their positions, 39 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more call options, than puts

Call options by funds: $2.94M | Put options by funds: $906K

129% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 17

115% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 39

33% more capital invested

Capital invested by funds: $2.42B → $3.22B (+$796M)

17% more funds holding in top 10

Funds holding in top 10: 1821 (+3)

14% more funds holding

Funds holding: 161183 (+22)

2.61% more ownership

Funds ownership: 64.46%67.06% (+2.6%)

Holders
183
Holders Change
+22
Holders Change %
+13.66%
% of All Funds
5.29%
Holding in Top 10
21
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+16.67%
% of All Funds
0.61%
New
39
Increased
84
Reduced
39
Closed
17
Calls
$2.94M
Puts
$906K
Net Calls
+$2.04M
Net Calls Change
+$792K
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Windhaven Investment Management
Massachusetts
$962M +$576M +5,404,341 +150%
Allianz Asset Management
2
Allianz Asset Management
Germany
$220M -$7.99M -75,000 -4%
RIG
3
RiverFront Investment Group
Virginia
$189M +$5.9M +55,403 +3%
CSIA
4
Charles Schwab Investment Advisory
California
$121M +$6.18M +57,956 +5%
Morgan Stanley
5
Morgan Stanley
New York
$119M +$26.4M +248,063 +28%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$118M -$11.1M -104,104 -9%
CC
7
Curian Capital
Colorado
$104M +$24.9M +233,326 +31%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$87.8M +$15.2M +142,511 +21%
BTS
9
BB&T Securities
Virginia
$86.6M -$728K -6,836 -8%
Bank of America
10
Bank of America
North Carolina
$84.5M +$10.2M +95,897 +14%
Ameriprise
11
Ameriprise
Minnesota
$75.4M +$7.62M +71,550 +11%
SAS
12
Sage Advisory Services
Texas
$67M +$12.4M +116,244 +23%
FSIM
13
F-Squared Investment Management
Massachusetts
$66.2M +$18.7M +175,846 +40%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$58.1M +$16.1M +150,994 +38%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$56.1M +$8.14M +76,413 +17%
LPL Financial
16
LPL Financial
California
$55.8M -$1.37M -12,886 -2%
U
17
UBS
Switzerland
$50.9M +$4.03M +37,776 +9%
WCM
18
Weatherstone Capital Management
Colorado
$38.3M -$27.2M -254,948 -42%
B
19
Baird
Wisconsin
$37.7M +$14.5M +135,841 +62%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$36.4M +$11.5M +107,774 +46%
CS
21
Credit Suisse
Switzerland
$35.6M +$20.3M +190,551 +133%
BCI
22
Brinker Capital Investments
Pennsylvania
$31.1M -$28.2K -265 -0.1%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$27.2M +$3.17M +29,709 +13%
Wells Fargo
24
Wells Fargo
California
$25.8M +$12.2M +114,152 +89%
FA
25
FDx Advisors
Illinois
$22.2M +$3.84M +36,011 +21%

HYS Hedge Fund Activity: Q1 2014 in Review

183 of the 3,462 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 Q1 2014, worth a combined $3.22B — up 33% from $2.42B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new HYS positions and 17 closed out — a net gain of 22 holders — while 84 added to existing stakes and 39 trimmed.

The largest buyer was Windhaven Investment Management, adding an estimated $576M. The largest seller was Weatherstone Capital Management, cutting an estimated $27.2M.

  • 183 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q1 2014, up from 161 in Q4 2013.
  • Funds reported $3.22B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q1 2014, up 33% quarter-over-quarter.
  • 39 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q1 2014 and 17 closed out, a net change of +22 holders.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q1 2014 was Windhaven Investment Management, an estimated $576M added.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q1 2014 was Weatherstone Capital Management, an estimated $27.2M sold.

Based on aggregated 13F filings for Q1 2014.