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iShares 10+ Year Investment Grade Corporate Bond ETF

90 hedge funds and large institutions have $501M invested in iShares 10+ Year Investment Grade Corporate Bond ETF in 2017 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 40 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

403% more call options, than puts

Call options by funds: $1.19M | Put options by funds: $237K

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

0.62% less ownership

Funds ownership: 61.66%61.05% (-0.62%)

1% less funds holding

Funds holding: 9190 (-1)

6% less capital invested

Capital invested by funds: $536M → $501M (-$34.8M)

50% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 40

Holders
90
Holders Change
-1
Holders Change %
-1.1%
% of All Funds
2.24%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
18
Increased
20
Reduced
40
Closed
13
Calls
$1.19M
Puts
$237K
Net Calls
+$954K
Net Calls Change
+$1.28M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$64.6M +$53.6M +909,210 +503%
KeyBank National Association
2
KeyBank National Association
Ohio
$34.3M -$3.51M -59,444 -9%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$33.3M -$4.45M -75,397 -12%
SAS
4
Sage Advisory Services
Texas
$28.4M -$257K -4,354 -0.9%
LMGAM
5
Liberty Mutual Group Asset Management
Massachusetts
$27.8M +$27.7M +470,000 New
Morgan Stanley
6
Morgan Stanley
New York
$26.8M -$5.69M -96,405 -18%
AssetMark Inc
7
AssetMark Inc
California
$26M -$11.3M -191,151 -30%
CI
8
Conning Inc
Connecticut
$25.2M
NYLIM
9
New York Life Investment Management
New York
$23.5M +$130K +2,200 +0.6%
FA
10
FDx Advisors
Illinois
$19.1M -$3.62M -61,332 -16%
Wells Fargo
11
Wells Fargo
California
$18.8M -$2.12M -35,996 -10%
Stifel Financial
12
Stifel Financial
Missouri
$17M -$1.36M -23,090 -7%
Bank of America
13
Bank of America
North Carolina
$14.3M -$12.6M -214,191 -47%
WI
14
WBI Investments
New Jersey
$13.9M +$13.9M +235,258 New
FWIA
15
Fort Washington Investment Advisors
Ohio
$13M
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$12.6M -$3.72M -63,008 -23%
LPL Financial
17
LPL Financial
California
$10.9M +$5.21M +88,342 +92%
UBS Group
18
UBS Group
Switzerland
$9.46M -$19M -321,222 -67%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$6.91M -$1.87M -31,704 -21%
RJA
20
Raymond James & Associates
Florida
$6.41M -$400K -6,772 -6%
BFEC
21
Benjamin F. Edwards & Company
Missouri
$6.18M -$1.78M -30,137 -22%
CCWA
22
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$5.39M -$11.8M -199,285 -69%
Jane Street
23
Jane Street
New York
$5.34M +$1.28M +21,694 +32%
AP
24
Agilis Partners
Massachusetts
$4.88M +$503K +8,531 +12%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$4.84M -$920K -15,585 -16%

IGLB Hedge Fund Activity: Q1 2017 in Review

90 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) for Q1 2017, worth a combined $501M — down 6.5% from $536M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new IGLB positions and 13 closed out — a net gain of 5 holders — while 20 added to existing stakes and 40 trimmed.

The largest buyer was BlackRock, adding an estimated $53.6M. The largest seller was UBS Group, cutting an estimated $19M.

  • 90 institutional investors held iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) as of Q1 2017, down from 91 in Q4 2016.
  • Funds reported $501M of iShares 10+ Year Investment Grade Corporate Bond ETF stock for Q1 2017, down 6.5% quarter-over-quarter.
  • 18 funds opened new iShares 10+ Year Investment Grade Corporate Bond ETF positions in Q1 2017 and 13 closed out, a net change of +5 holders.
  • The largest iShares 10+ Year Investment Grade Corporate Bond ETF buyer in Q1 2017 was BlackRock, an estimated $53.6M added.
  • The largest iShares 10+ Year Investment Grade Corporate Bond ETF seller in Q1 2017 was UBS Group, an estimated $19M sold.

Based on aggregated 13F filings for Q1 2017.