American Century Diversified Corporate Bond ETF
KORP
24 hedge funds and large institutions have $186M invested in American Century Diversified Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 3 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $169M → $186M (+$16.8M)
0% more funds holding
Funds holding: 24 → 24 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.09% less ownership
Funds ownership: 96.91% → 89.82% (-7.1%)
98% less call options, than puts
Call options by funds: $118K | Put options by funds: $5.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7M |
| 2 |
Jane Street
New York
|
+$1.44M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.07M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$643K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Stewardship Advisors
Mount Joy,
Pennsylvania
|
-$2.05M |
| 2 |
PLFA
Pacific Life Fund Advisors
Newport Beach,
California
|
-$677K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$291K |
| 4 |
PWA
PCG Wealth Advisors
Overland Park,
Kansas
|
-$213K |
| 5 |
Morgan Stanley
New York
|
-$178K |
KORP Hedge Fund Activity: Q1 2023 in Review
24 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in American Century Diversified Corporate Bond ETF (KORP) for Q1 2023, worth a combined $186M — up 9.9% from $169M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new KORP positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $7M. The largest seller was Stewardship Advisors, exiting entirely with an estimated $2.05M sold.
- 24 institutional investors held American Century Diversified Corporate Bond ETF (KORP) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $186M of American Century Diversified Corporate Bond ETF stock for Q1 2023, up 9.9% quarter-over-quarter.
- 4 funds opened new American Century Diversified Corporate Bond ETF positions in Q1 2023 and 3 closed out, a net change of +1 holder.
- The largest American Century Diversified Corporate Bond ETF buyer in Q1 2023 was Royal Bank of Canada, an estimated $7M added.
- The largest American Century Diversified Corporate Bond ETF seller in Q1 2023 was Stewardship Advisors, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2023.