iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
31 hedge funds and large institutions have $168M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
3% more funds holding
Funds holding: 30 → 31 (+1)
4.76% less ownership
Funds ownership: 67.58% → 62.82% (-4.8%)
16% less capital invested
Capital invested by funds: $200M → $168M (-$32.4M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.88M |
| 2 |
Jane Street
New York
|
+$4.48M |
| 3 |
AssetMark Inc
Concord,
California
|
+$874K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$636K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$27.7M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$8.04M |
| 3 |
Morgan Stanley
New York
|
-$2.94M |
| 4 |
JG
Jefferies Group
New York
|
-$2.85M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $34K | +$8.54K | +154 | +33% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $28K | – | – | – |
|
|
BIM
28
BlackRock Investment Management
Wilmington,
Delaware
| $24K | +$17.6K | +318 | +256% |
|
|
AIG
29
American International Group
New York
| $18.6K | -$3.27K | -59 | -15% |
|
30
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | +$6.65K | +120 | New |
|
32
Ameriprise
Minneapolis,
Minnesota
| $2K | +$2.05K | +37 | New |
|
|
WS
33
Wedbush Securities
Los Angeles,
California
| – | -$210K | -3,785 | Closed |
|
|
PI
34
Placemark Investments
Chicago,
Illinois
| – | -$208K | -3,733 | Closed |
|
|
MA
35
MUFG Americas
New York
| – | -$13K | -231 | Closed |
|
|
NES
36
New England Securities
New York
| – | -$9K | -160 | Closed |
|
37
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$4K | -87 | Closed |
|
38
Citigroup
New York
| – | -$5K | -85 | Closed |
|
IGLB Hedge Fund Activity: Q4 2013 in Review
31 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q4 2013, worth a combined $168M — down 16% from $200M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IGLB positions and 6 closed out — a net gain of 2 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $8.88M. The largest seller was Bank of America, cutting an estimated $27.7M.
- 31 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q4 2013, up from 30 in Q3 2013.
- Funds reported $168M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q4 2013, down 16% quarter-over-quarter.
- 8 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q4 2013 and 6 closed out, a net change of +2 holders.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q4 2013 was Susquehanna International Group, an estimated $8.88M added.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q4 2013 was Bank of America, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2013.