iShares iBoxx $ Investment Grade Corporate Bond ETF
749 hedge funds and large institutions have $23.7B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2018 Q4 according to their latest regulatory filings, with 134 funds opening new positions, 188 increasing their positions, 317 reducing their positions, and 84 closing their positions.
60% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 84
17% more funds holding in top 10
Funds holding in top 10: 75 → 88 (+13)
6% more funds holding
Funds holding: 708 → 749 (+41)
0.9% less ownership
Funds ownership: 80.9% → 79.99% (-0.9%)
12% less capital invested
Capital invested by funds: $26.9B → $23.7B (-$3.19B)
41% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 317
47% less call options, than puts
Call options by funds: $885M | Put options by funds: $1.66B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Financial Engines Advisors
Santa Clara,
California
|
+$914M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$443M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$268M |
| 4 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$138M |
| 5 |
SG Americas Securities
New York
|
+$123M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$825M |
| 2 |
Goldman Sachs
New York
|
-$719M |
| 3 |
DILIC
Dai-ichi Life Insurance Company
Tokyo,
Japan
|
-$432M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$389M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$358M |
LQD Hedge Fund Activity: Q4 2018 in Review
749 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2018, worth a combined $23.7B — down 12% from $26.9B a quarter earlier.
Buyers outnumbered sellers: 134 funds opened new LQD positions and 84 closed out — a net gain of 50 holders — while 188 added to existing stakes and 317 trimmed.
The largest buyer was Financial Engines Advisors, adding an estimated $914M. The largest seller was Envestnet Asset Management, cutting an estimated $825M.
- 749 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2018, up from 708 in Q3 2018.
- Funds reported $23.7B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2018, down 12% quarter-over-quarter.
- 134 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2018 and 84 closed out, a net change of +50 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2018 was Financial Engines Advisors, an estimated $914M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2018 was Envestnet Asset Management, an estimated $825M sold.
Based on aggregated 13F filings for Q4 2018.