American Century Diversified Corporate Bond ETF
KORP
35 hedge funds and large institutions have $226M invested in American Century Diversified Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more call options, than puts
Call options by funds: $99K | Put options by funds: $56K
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
5% less capital invested
Capital invested by funds: $238M → $226M (-$12.4M)
5% less funds holding
Funds holding: 37 → 35 (-2)
10.77% less ownership
Funds ownership: 100.49% → 89.71% (-11%)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$2.05M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.74M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.45M |
| 5 |
PLFA
Pacific Life Fund Advisors
Newport Beach,
California
|
+$461K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.1M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$2.08M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.32M |
| 4 |
Jane Street
New York
|
-$497K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$467K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
26
Avantax Advisory Services
Dallas,
Texas
| $302K | +$10.4K | +225 | +4% |
|
27
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $293K | -$8.54K | -185 | -3% |
|
|
PWA
28
PCG Wealth Advisors
Overland Park,
Kansas
| $257K | +$20.4K | +443 | +9% |
|
|
GWSG
29
GPS Wealth Strategies Group
Centennial,
Colorado
| $54.4K | – | – | – |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $39.3K | – | – | – |
|
|
PS
31
Principal Securities
Des Moines,
Iowa
| $34.2K | -$29K | -628 | -46% |
|
|
GRP
32
Global Retirement Partners
San Rafael,
California
| $30.3K | – | – | – |
|
|
IGWM
33
ICA Group Wealth Management
Denver,
Colorado
| $2.13K | – | – | – |
|
|
T
34
Tidemark
San Diego,
California
| $1.02K | – | – | – |
|
|
SS
35
Sunbelt Securities
Houston,
Texas
| $555 | – | – | – |
|
|
PAG
36
Private Advisor Group
Morristown,
New Jersey
| – | -$467K | -10,030 | Closed |
|
37
MML Investors Services
Springfield,
Massachusetts
| – | -$389K | -8,354 | Closed |
|
|
SIS
38
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$125K | -2,679 | Closed |
|
KORP Hedge Fund Activity: Q1 2024 in Review
35 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in American Century Diversified Corporate Bond ETF (KORP) for Q1 2024, worth a combined $226M — down 5.2% from $238M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KORP and 1 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Merit Financial Group, adding an estimated $2.05M. The largest seller was Morgan Stanley, cutting an estimated $14.1M.
- 35 institutional investors held American Century Diversified Corporate Bond ETF (KORP) as of Q1 2024, down from 37 in Q4 2023.
- Funds reported $226M of American Century Diversified Corporate Bond ETF stock for Q1 2024, down 5.2% quarter-over-quarter.
- 1 fund opened new American Century Diversified Corporate Bond ETF positions in Q1 2024 and 3 closed out, a net change of -2 holders.
- The largest American Century Diversified Corporate Bond ETF buyer in Q1 2024 was Merit Financial Group, an estimated $2.05M added.
- The largest American Century Diversified Corporate Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2024.