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iShares 10+ Year Investment Grade Corporate Bond ETF

41 hedge funds and large institutions have $357M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

280% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 5

220% more call options, than puts

Call options by funds: $950K | Put options by funds: $297K

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

93% more capital invested

Capital invested by funds: $185M → $357M (+$172M)

28% more funds holding

Funds holding: 3241 (+9)

5.94% more ownership

Funds ownership: 65.13%71.08% (+5.9%)

Holders
41
Holders Change
+9
Holders Change %
+28.13%
% of All Funds
1.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
14
Increased
19
Reduced
5
Closed
5
Calls
$950K
Puts
$297K
Net Calls
+$653K
Net Calls Change
+$653K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$65.2M +$64.1M +1,076,470 New
KeyBank National Association
2
KeyBank National Association
Ohio
$50.9M -$2.21M -37,176 -4%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$32.4M -$2.38M -40,000 -7%
BIM
4
BlackRock Investment Management
Delaware
$32.2M +$31.7M +532,024 +109,922%
AssetMark Inc
5
AssetMark Inc
California
$27.8M +$3.29M +55,169 +14%
Wells Fargo
6
Wells Fargo
California
$24.9M +$23.2M +390,325 +1,850%
Bank of America
7
Bank of America
North Carolina
$19.7M +$4.94M +82,891 +34%
Morgan Stanley
8
Morgan Stanley
New York
$19.2M +$11.6M +194,633 +160%
U
9
UBS
Switzerland
$16.3M +$5M +83,907 +45%
CIM
10
Confluence Investment Management
Missouri
$9.78M -$363K -6,093 -4%
BFEC
11
Benjamin F. Edwards & Company
Missouri
$8.6M +$326K +5,474 +4%
BFA
12
BlackRock Fund Advisors
California
$7.95M +$1.86M +31,296 +31%
Stifel Financial
13
Stifel Financial
Missouri
$7.14M +$4.4M +73,913 +168%
PPA
14
Parametric Portfolio Associates
Washington
$6.68M +$6.57M +110,338 New
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$5.94M -$120K -2,013 -2%
LFG
16
LifePlan Financial Group
Ohio
$5.22M +$5.13M +86,149 New
LPL Financial
17
LPL Financial
California
$4.92M +$1.14M +19,089 +31%
JP Morgan Chase
18
JP Morgan Chase
New York
$2.03M +$2M +33,551 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.63M +$372K +6,238 +30%
RJA
20
Raymond James & Associates
Florida
$1.33M +$1.3M +21,898 New
HighTower Advisors
21
HighTower Advisors
Illinois
$1.32M +$1.3M +21,871 New
PAG
22
Private Advisor Group
New Jersey
$1.18M +$448K +7,527 +63%
Goldman Sachs
23
Goldman Sachs
New York
$1.02M +$333K +5,584 +49%
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$545K -$19.7K -331 -4%
BIA
25
Biondo Investment Advisors
Pennsylvania
$533K +$524K +8,801 New

IGLB Hedge Fund Activity: Q2 2014 in Review

41 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q2 2014, worth a combined $357M — up 93% from $185M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new IGLB positions and 5 closed out — a net gain of 9 holders — while 19 added to existing stakes and 5 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $64.1M. The largest seller was Bank of Montreal, cutting an estimated $2.38M.

  • 41 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q2 2014, up from 32 in Q1 2014.
  • Funds reported $357M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q2 2014, up 93% quarter-over-quarter.
  • 14 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q2 2014 and 5 closed out, a net change of +9 holders.
  • The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q2 2014 was Fidelity Investments, an estimated $64.1M added.
  • The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q2 2014 was Bank of Montreal, an estimated $2.38M sold.

Based on aggregated 13F filings for Q2 2014.