Inspire Corporate Bond ETF
IBD
52 hedge funds and large institutions have $215M invested in Inspire Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 6 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
6% more capital invested
Capital invested by funds: $203M → $215M (+$12.1M)
2% more funds holding
Funds holding: 51 → 52 (+1)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2.69% less ownership
Funds ownership: 92.69% → 90% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Inspire Advisors
Meridian,
Idaho
|
+$12M |
| 2 |
FA
Faithward Advisors
Lancaster,
Pennsylvania
|
+$2.57M |
| 3 |
PFG
PAX Financial Group
San Antonio,
Texas
|
+$1.92M |
| 4 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
+$893K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$841K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
Inspire Investing
Meridian,
Idaho
|
-$8.65M |
| 2 |
Jane Street
New York
|
-$3.23M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$372K |
| 4 |
LPL Financial
San Diego,
California
|
-$367K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$326K |
IBD Hedge Fund Activity: Q1 2023 in Review
52 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Inspire Corporate Bond ETF (IBD) for Q1 2023, worth a combined $215M — up 6% from $203M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IBD positions and 6 closed out — a net gain of 1 holder — while 26 added to existing stakes and 14 trimmed.
The largest buyer was Inspire Advisors, adding an estimated $12M. The largest seller was Inspire Investing, cutting an estimated $8.65M.
- 52 institutional investors held Inspire Corporate Bond ETF (IBD) as of Q1 2023, up from 51 in Q4 2022.
- Funds reported $215M of Inspire Corporate Bond ETF stock for Q1 2023, up 6% quarter-over-quarter.
- 7 funds opened new Inspire Corporate Bond ETF positions in Q1 2023 and 6 closed out, a net change of +1 holder.
- The largest Inspire Corporate Bond ETF buyer in Q1 2023 was Inspire Advisors, an estimated $12M added.
- The largest Inspire Corporate Bond ETF seller in Q1 2023 was Inspire Investing, an estimated $8.65M sold.
Based on aggregated 13F filings for Q1 2023.