iShares iBoxx $ Investment Grade Corporate Bond ETF
619 hedge funds and large institutions have $23.2B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2016 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 265 increasing their positions, 200 reducing their positions, and 47 closing their positions.
49% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 47
33% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 200
13% more capital invested
Capital invested by funds: $20.6B → $23.2B (+$2.62B)
3% more funds holding
Funds holding: 601 → 619 (+18)
0.11% more ownership
Funds ownership: 69.99% → 70.1% (+0.11%)
4% less funds holding in top 10
Funds holding in top 10: 91 → 87 (-4)
63% less call options, than puts
Call options by funds: $627M | Put options by funds: $1.69B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAAOA
Teachers Insurance & Annuity Association of America
New York
|
+$1.6B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$318M |
| 3 |
JP Morgan Chase
New York
|
+$271M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$199M |
| 5 |
NMIFOAC
National Mutual Insurance Federation of Agricultural Cooperatives
Tokyo, Japan,
Japan
|
+$194M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$380M |
| 2 |
Goldman Sachs
New York
|
-$366M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$175M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$152M |
| 5 |
AB
Aozora Bank
Tokyo,
Japan
|
-$102M |
LQD Hedge Fund Activity: Q3 2016 in Review
619 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q3 2016, worth a combined $23.2B — up 13% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new LQD positions and 47 closed out — a net gain of 23 holders — while 265 added to existing stakes and 200 trimmed.
The largest buyer was Teachers Insurance & Annuity Association of America, opening a new position worth an estimated $1.6B. The largest seller was Windhaven Investment Management, cutting an estimated $380M.
- 619 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q3 2016, up from 601 in Q2 2016.
- Funds reported $23.2B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q3 2016, up 13% quarter-over-quarter.
- 70 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q3 2016 and 47 closed out, a net change of +23 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q3 2016 was Teachers Insurance & Annuity Association of America, an estimated $1.6B added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q3 2016 was Windhaven Investment Management, an estimated $380M sold.
Based on aggregated 13F filings for Q3 2016.