iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
97 hedge funds and large institutions have $675M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 22 reducing their positions, and 15 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 22
10% more capital invested
Capital invested by funds: $616M → $675M (+$58.7M)
1.36% more ownership
Funds ownership: 60.3% → 61.66% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
1% less funds holding
Funds holding: 98 → 97 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.2M |
| 4 |
FAT
First American Trust
Santa Ana,
California
|
+$9.03M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$27.3M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$11.6M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$5.95M |
| 4 |
PAS
Park Avenue Securities
New York
|
-$4.42M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMU
101
Pictet Asset Management (UK)
London,
United Kingdom
| – | -$1.35M | -22,300 | Closed |
|
|
FIM
102
Freedom Investment Management
Hartford,
Connecticut
| – | -$1.1M | -17,642 | Closed |
|
103
Millennium Management
New York
| – | -$733K | -11,699 | Closed |
|
|
MIAN
104
Mariner Independent Advisor Network
Overland Park,
Kansas
| – | -$701K | -11,189 | Closed |
|
|
VKH
105
Virtu KCG Holdings
New York
| – | -$409K | -6,536 | Closed |
|
106
Allianz Asset Management
Munich,
Germany
| – | -$251K | -4,000 | Closed |
|
|
SFA
107
Sequoia Financial Advisors
Akron,
Ohio
| – | -$221K | -3,533 | Closed |
|
|
RJFSA
108
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$212K | -3,381 | Closed |
|
|
FANJ
109
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$15K | -233 | Closed |
|
|
SCM
110
Southport Capital Management
Chattanooga,
Tennessee
| – | -$14K | -225 | Closed |
|
|
TRCT
111
Tower Research Capital (TRC)
New York
| – | -$6K | -100 | Closed |
|
112
SEI Investments
Oaks,
Pennsylvania
| – | -$2K | -38 | Closed |
|
IGLB Hedge Fund Activity: Q3 2016 in Review
97 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q3 2016, worth a combined $675M — up 9.5% from $616M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of IGLB and 14 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 47 added.
The largest buyer was Jane Street, adding an estimated $24.6M. The largest seller was WBI Investments, exiting entirely with an estimated $27.3M sold.
- 97 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q3 2016, down from 98 in Q2 2016.
- Funds reported $675M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q3 2016, up 9.5% quarter-over-quarter.
- 14 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q3 2016 and 15 closed out, a net change of -1 holder.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q3 2016 was Jane Street, an estimated $24.6M added.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q3 2016 was WBI Investments, an estimated $27.3M sold.
Based on aggregated 13F filings for Q3 2016.