iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
67 hedge funds and large institutions have $435M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 29 increasing their positions, 8 reducing their positions, and 3 closing their positions.
800% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 3
263% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 8
52% more funds holding
Funds holding: 44 → 67 (+23)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
15% more capital invested
Capital invested by funds: $377M → $435M (+$57.9M)
4.65% less ownership
Funds ownership: 68.31% → 63.66% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$20.7M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$15M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14.5M |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
+$8.49M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$8.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$73.7M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$7.4M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$7.06M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$5.09M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.04M |
IGLB Hedge Fund Activity: Q4 2014 in Review
67 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q4 2014, worth a combined $435M — up 15% from $377M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IGLB positions and 3 closed out — a net gain of 24 holders — while 29 added to existing stakes and 8 trimmed.
The largest buyer was New York Life Investment Management, opening a new position worth an estimated $20.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $73.7M sold.
- 67 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q4 2014, up from 44 in Q3 2014.
- Funds reported $435M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q4 2014, up 15% quarter-over-quarter.
- 27 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q4 2014 and 3 closed out, a net change of +24 holders.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q4 2014 was New York Life Investment Management, an estimated $20.7M added.
- The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q4 2014 was Fidelity Investments, an estimated $73.7M sold.
Based on aggregated 13F filings for Q4 2014.