iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
1,045 hedge funds and large institutions have $30.1B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2025 Q3 according to their latest regulatory filings, with 99 funds opening new positions, 426 increasing their positions, 358 reducing their positions, and 79 closing their positions.
25% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 79
19% more repeat investments, than reductions
Existing positions increased: 426 | Existing positions reduced: 358
4% more capital invested
Capital invested by funds: $29B → $30.1B (+$1.06B)
0% more funds holding
Funds holding: 1,045 → 1,045 (0)
1% less funds holding in top 10
Funds holding in top 10: 78 → 77 (-1)
2.36% less ownership
Funds ownership: 99.07% → 96.71% (-2.4%)
47% less call options, than puts
Call options by funds: $3.47B | Put options by funds: $6.49B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$970M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$671M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$398M |
| 4 |
D.E. Shaw & Co
New York
|
+$365M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$297M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$677M |
| 2 |
SAMU
SONA Asset Management (US)
New York
|
-$591M |
| 3 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$448M |
| 4 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$401M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$307M |
LQD Hedge Fund Activity: Q3 2025 in Review
1,045 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q3 2025, worth a combined $30.1B — up 3.7% from $29B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new LQD positions and 79 closed out — a net gain of 20 holders — while 426 added to existing stakes and 358 trimmed.
The largest buyer was Nuveen, adding an estimated $970M. The largest seller was Morgan Stanley, cutting an estimated $677M.
- 1,045 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q3 2025, unchanged from Q2 2025.
- Funds reported $30.1B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q3 2025, up 3.7% quarter-over-quarter.
- 99 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q3 2025 and 79 closed out, a net change of +20 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q3 2025 was Nuveen, an estimated $970M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q3 2025 was Morgan Stanley, an estimated $677M sold.
Based on aggregated 13F filings for Q3 2025.