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iShares 1-5 Year Investment Grade Corporate Bond ETF

388 hedge funds and large institutions have $6.62B invested in iShares 1-5 Year Investment Grade Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 144 increasing their positions, 127 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 26

144% more call options, than puts

Call options by funds: $1.16M | Put options by funds: $475K

13% more repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 127

9% more funds holding

Funds holding: 355388 (+33)

9% more funds holding in top 10

Funds holding in top 10: 6571 (+6)

3.72% more ownership

Funds ownership: 120.4%124.12% (+3.7%)

12% less capital invested

Capital invested by funds: $7.49B → $6.62B (-$869M)

Holders
388
Holders Change
+33
Holders Change %
+9.3%
% of All Funds
11.26%
Holding in Top 10
71
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+9.23%
% of All Funds
2.06%
New
64
Increased
144
Reduced
127
Closed
26
Calls
$1.16M
Puts
$475K
Net Calls
+$685K
Net Calls Change
+$685K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$487M
U
2
UBS
Switzerland
$481M +$216M +4,103,104 +82%
Wells Fargo
3
Wells Fargo
California
$465M -$29.5M -560,652 -6%
Morgan Stanley
4
Morgan Stanley
New York
$459M +$61.2M +1,161,612 +15%
Bank of America
5
Bank of America
North Carolina
$399M +$71.7M +1,360,814 +22%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$275M -$5.18M -98,322 -2%
KeyBank National Association
7
KeyBank National Association
Ohio
$140M +$8.68M +164,848 +7%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$131M +$3.88M +73,588 +3%
RIG
9
RiverFront Investment Group
Virginia
$127M +$20M +380,242 +19%
BIT
10
BlackRock Institutional Trust
California
$115M +$19.9M +378,456 +21%
FT
11
Fiduciary Trust
Massachusetts
$114M -$2.51M -47,558 -2%
LPL Financial
12
LPL Financial
California
$105M -$57.6M -1,092,754 -35%
Goldman Sachs
13
Goldman Sachs
New York
$104M +$37.6M +713,866 +56%
SB
14
Suntrust Banks
Georgia
$92.6M +$4.2M +79,724 +5%
BTS
15
BB&T Securities
Virginia
$89.5M -$172K -3,258 -2%
EFM
16
Equinox Fund Management
Colorado
$84.8M -$30.7M -582,000 -27%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$84.3M -$10.1M -192,596 -11%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$80.4M +$9.15M +173,652 +13%
USAA
19
United Services Automobile Association
Texas
$76.4M -$4.64M -88,000 -6%
Invesco
20
Invesco
Georgia
$70M +$12.8M +242,254 +22%
BIM
21
BlackRock Investment Management
Delaware
$66.1M +$12.8M +242,264 +24%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$60.9M +$2.65M +50,254 +5%
DC
23
Davenport & Co
Virginia
$56.2M +$1.3M +24,606 +2%
CNB
24
City National Bank
California
$51.5M -$8.02M -152,286 -13%
JIR
25
James Investment Research
Ohio
$48.1M

IGSB Hedge Fund Activity: Q4 2013 in Review

388 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) for Q4 2013, worth a combined $6.62B — down 12% from $7.49B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new IGSB positions and 26 closed out — a net gain of 38 holders — while 144 added to existing stakes and 127 trimmed.

The largest buyer was UBS, adding an estimated $216M. The largest seller was Edelman Financial Services, cutting an estimated $61.5M.

  • 388 institutional investors held iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) as of Q4 2013, up from 355 in Q3 2013.
  • Funds reported $6.62B of iShares 1-5 Year Investment Grade Corporate Bond ETF stock for Q4 2013, down 12% quarter-over-quarter.
  • 64 funds opened new iShares 1-5 Year Investment Grade Corporate Bond ETF positions in Q4 2013 and 26 closed out, a net change of +38 holders.
  • The largest iShares 1-5 Year Investment Grade Corporate Bond ETF buyer in Q4 2013 was UBS, an estimated $216M added.
  • The largest iShares 1-5 Year Investment Grade Corporate Bond ETF seller in Q4 2013 was Edelman Financial Services, an estimated $61.5M sold.

Based on aggregated 13F filings for Q4 2013.