iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
381 hedge funds and large institutions have $4.17B invested in iShares 5-10 Year Investment Grade Corporate Bond ETF in 2018 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 92 increasing their positions, 163 reducing their positions, and 35 closing their positions.
100% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 35
9% more funds holding
Funds holding: 348 → 381 (+33)
7% more funds holding in top 10
Funds holding in top 10: 28 → 30 (+2)
5.79% more ownership
Funds ownership: 76.61% → 82.4% (+5.8%)
22% less capital invested
Capital invested by funds: $5.35B → $4.17B (-$1.19B)
44% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 163
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$101M |
| 2 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$28.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$24.8M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$24.1M |
| 5 |
AssetMark Inc
Concord,
California
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$43.2M |
| 2 |
Morgan Stanley
New York
|
-$42.8M |
| 3 |
CPO
Cerity Partners OCIO
New York
|
-$35.8M |
| 4 |
DSN
D. Scott Neal
Lexington,
Kentucky
|
-$24.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.2M |
IGIB Hedge Fund Activity: Q4 2018 in Review
381 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) for Q4 2018, worth a combined $4.17B — down 22% from $5.35B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new IGIB positions and 35 closed out — a net gain of 35 holders — while 92 added to existing stakes and 163 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $101M. The largest seller was Bank of New York Mellon, cutting an estimated $43.2M.
- 381 institutional investors held iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) as of Q4 2018, up from 348 in Q3 2018.
- Funds reported $4.17B of iShares 5-10 Year Investment Grade Corporate Bond ETF stock for Q4 2018, down 22% quarter-over-quarter.
- 70 funds opened new iShares 5-10 Year Investment Grade Corporate Bond ETF positions in Q4 2018 and 35 closed out, a net change of +35 holders.
- The largest iShares 5-10 Year Investment Grade Corporate Bond ETF buyer in Q4 2018 was Envestnet Asset Management, an estimated $101M added.
- The largest iShares 5-10 Year Investment Grade Corporate Bond ETF seller in Q4 2018 was Bank of New York Mellon, an estimated $43.2M sold.
Based on aggregated 13F filings for Q4 2018.