Inspire Corporate Bond ETF
IBD
55 hedge funds and large institutions have $221M invested in Inspire Corporate Bond ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
6% more funds holding
Funds holding: 52 → 55 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4.88% less ownership
Funds ownership: 90.56% → 85.68% (-4.9%)
63% less capital inflows, than outflows
Capital inflows: $6.35M | Capital outflows: $17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAX Financial Group
San Antonio,
Texas
|
+$948K |
| 2 |
WorthPointe
La Jolla,
California
|
+$944K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$724K |
| 4 |
Creative Financial Designs
Kokomo,
Indiana
|
+$418K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.56M |
| 2 |
Inspire Advisors
Meridian,
Idaho
|
-$2.13M |
| 3 |
Inspire Investing
Meridian,
Idaho
|
-$2.11M |
| 4 |
Silver Oak Securities
Jackson,
Tennessee
|
-$1.94M |
| 5 |
Faithward Advisors
Lancaster,
Pennsylvania
|
-$683K |
IBD Hedge Fund Activity: Q3 2023 in Review
55 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Inspire Corporate Bond ETF (IBD) for Q3 2023, worth a combined $221M — down 6.3% from $236M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IBD positions and 4 closed out — a net gain of 3 holders — while 23 added to existing stakes and 20 trimmed.
The largest buyer was PAX Financial Group, adding an estimated $948K. The largest seller was Jane Street, cutting an estimated $8.56M.
- 55 institutional investors held Inspire Corporate Bond ETF (IBD) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $221M of Inspire Corporate Bond ETF stock for Q3 2023, down 6.3% quarter-over-quarter.
- 7 funds opened new Inspire Corporate Bond ETF positions in Q3 2023 and 4 closed out, a net change of +3 holders.
- The largest Inspire Corporate Bond ETF buyer in Q3 2023 was PAX Financial Group, an estimated $948K added.
- The largest Inspire Corporate Bond ETF seller in Q3 2023 was Jane Street, an estimated $8.56M sold.
Based on aggregated 13F filings for Q3 2023.