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Inspire Corporate Bond ETF

54 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, 19 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

21% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 19

6% more funds holding

Funds holding: 5154 (+3)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

4.88% less ownership

Funds ownership: 90.42%85.55% (-4.9%)

6% less capital invested

Capital invested by funds: $236M → $221M (-$15M)

Holders
54
Holders Change
+3
Holders Change %
+5.88%
% of All Funds
0.86%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
7
Increased
23
Reduced
19
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IA
1
Inspire Advisors
Idaho
$81M -$2.13M -92,895 -3%
FA
2
Faithward Advisors
Pennsylvania
$31.2M -$683K -29,727 -2%
II
3
Inspire Investing
Idaho
$23.5M -$2.11M -91,805 -8%
CW
4
CreativeOne Wealth
Kansas
$15M -$461K -20,066 -3%
PFG
5
PAX Financial Group
Texas
$12.7M +$948K +41,271 +8%
CFD
6
Creative Financial Designs
Indiana
$10.8M +$418K +18,189 +4%
Osaic Holdings
7
Osaic Holdings
Arizona
$8.39M +$724K +31,523 +9%
LI
8
LVZ Inc
Michigan
$3.68M +$35.7K +1,554 +1%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$3.56M +$372K +16,208 +11%
LWAM
10
Legacy Wealth Asset Management
Minnesota
$2.87M -$94.8K -4,129 -3%
KP
11
Keel Point
Alabama
$2.4M +$45.8K +1,993 +2%
Jane Street
12
Jane Street
New York
$2.3M -$8.56M -372,781 -79%
LPL Financial
13
LPL Financial
California
$2.13M -$8.63K -376 -0.4%
BAM
14
Belpointe Asset Management
Nevada
$1.77M -$56.6K -2,466 -3%
ACM
15
AlphaStar Capital Management
North Carolina
$1.55M -$217K -9,444 -12%
RFG
16
Range Financial Group
Oregon
$1.43M +$97.1K +4,230 +7%
P
17
Paradiem
Louisiana
$1.33M
VC
18
Vicus Capital
Pennsylvania
$1.26M +$184K +8,028 +17%
AWS
19
Atria Wealth Solutions
New York
$1.02M -$89.7K -3,905 -8%
APA
20
Astoria Portfolio Advisors
New York
$1M -$33.8K -1,474 -3%
MFG
21
Merit Financial Group
Georgia
$952K +$37.3K +1,625 +4%
W
22
WorthPointe
California
$930K +$944K +41,095 New
RJFSA
23
Raymond James Financial Services Advisors
Florida
$883K +$41.2K +1,793 +5%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$770K +$43.8K +1,907 +6%
SS
25
Simplicity Solutions
Minnesota
$744K +$271K +11,794 +56%

IBD Hedge Fund Activity: Q3 2023 in Review

54 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Inspire Corporate Bond ETF (IBD) for Q3 2023, worth a combined $221M — down 6.4% 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 19 trimmed.

The largest buyer was PAX Financial Group, adding an estimated $948K. The largest seller was Jane Street, cutting an estimated $8.56M.

  • 54 institutional investors held Inspire Corporate Bond ETF (IBD) as of Q3 2023, up from 51 in Q2 2023.
  • Funds reported $221M of Inspire Corporate Bond ETF stock for Q3 2023, down 6.4% 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.