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iShares 1-5 Year Investment Grade Corporate Bond ETF

403 hedge funds and large institutions have $6.57B invested in iShares 1-5 Year Investment Grade Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 144 increasing their positions, 169 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 22

2% more funds holding

Funds holding: 395403 (+8)

6.51% less ownership

Funds ownership: 127.33%120.82% (-6.5%)

15% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 169

15% less funds holding in top 10

Funds holding in top 10: 7362 (-11)

16% less capital invested

Capital invested by funds: $7.82B → $6.57B (-$1.25B)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $729K

Holders
403
Holders Change
+8
Holders Change %
+2.03%
% of All Funds
11.58%
Holding in Top 10
62
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-15.07%
% of All Funds
1.78%
New
34
Increased
144
Reduced
169
Closed
22
Calls
Puts
$729K
Net Calls
-$729K
Net Calls Change
-$834K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$525M +$36.6M +693,092 +8%
Bank of America
2
Bank of America
North Carolina
$449M +$32M +607,256 +8%
Wells Fargo
3
Wells Fargo
California
$439M -$37.6M -712,936 -8%
Morgan Stanley
4
Morgan Stanley
New York
$434M -$9.65M -182,992 -2%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$274M -$3.39M -64,314 -1%
U
6
UBS
Switzerland
$261M -$242M -4,588,916 -48%
RIG
7
RiverFront Investment Group
Virginia
$162M -$8.16M -154,640 -5%
BIT
8
BlackRock Institutional Trust
California
$159M +$690K +13,076 +0.4%
KeyBank National Association
9
KeyBank National Association
Ohio
$140M -$156K -2,952 -0.1%
DPIM
10
Duff & Phelps Investment Management
Illinois
$115M +$86.6M +1,642,000 +312%
BTS
11
BB&T Securities
Virginia
$114M +$1.41M +26,724 +14%
FT
12
Fiduciary Trust
Massachusetts
$112M -$1.62M -30,734 -1%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$110M -$7.25M -137,364 -6%
SB
14
Suntrust Banks
Georgia
$100M +$5.33M +101,064 +6%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$90.6M +$90.4M +1,714,058 New
Goldman Sachs
16
Goldman Sachs
New York
$89.2M +$3.38M +64,094 +4%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$83M -$2.57M -48,694 -3%
SCM
18
Saba Capital Management
New York
$74.1M +$74M +1,401,964 New
BIM
19
BlackRock Investment Management
Delaware
$67.8M -$11.6M -220,132 -15%
LPL Financial
20
LPL Financial
California
$65.7M -$590K -11,178 -0.9%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$64.9M +$125K +2,378 +0.2%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$64.7M -$14.7M -279,318 -19%
EFM
23
Equinox Fund Management
Colorado
$59.9M -$16.2M -307,800 -21%
CNB
24
City National Bank
California
$55.4M +$5.79M +109,666 +12%
DC
25
Davenport & Co
Virginia
$53M -$6.32M -119,764 -11%

IGSB Hedge Fund Activity: Q2 2014 in Review

403 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) for Q2 2014, worth a combined $6.57B — down 16% from $7.82B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new IGSB positions and 22 closed out — a net gain of 12 holders — while 144 added to existing stakes and 169 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $90.4M. The largest seller was Windhaven Investment Management, cutting an estimated $1.02B.

  • 403 institutional investors held iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) as of Q2 2014, up from 395 in Q1 2014.
  • Funds reported $6.57B of iShares 1-5 Year Investment Grade Corporate Bond ETF stock for Q2 2014, down 16% quarter-over-quarter.
  • 34 funds opened new iShares 1-5 Year Investment Grade Corporate Bond ETF positions in Q2 2014 and 22 closed out, a net change of +12 holders.
  • The largest iShares 1-5 Year Investment Grade Corporate Bond ETF buyer in Q2 2014 was Fidelity Investments, an estimated $90.4M added.
  • The largest iShares 1-5 Year Investment Grade Corporate Bond ETF seller in Q2 2014 was Windhaven Investment Management, an estimated $1.02B sold.

Based on aggregated 13F filings for Q2 2014.