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iShares iBoxx $ Investment Grade Corporate Bond ETF

650 hedge funds and large institutions have $17.8B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2016 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 220 increasing their positions, 251 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 111 | Existing positions closed: 68

5% more funds holding

Funds holding: 619650 (+31)

9% less call options, than puts

Call options by funds: $394M | Put options by funds: $434M

2.71% less ownership

Funds ownership: 70.1%67.39% (-2.7%)

3% less funds holding in top 10

Funds holding in top 10: 8784 (-3)

12% less repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 251

23% less capital invested

Capital invested by funds: $23.2B → $17.8B (-$5.41B)

Holders
650
Holders Change
+31
Holders Change %
+5.01%
% of All Funds
16.25%
Holding in Top 10
84
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-3.45%
% of All Funds
2.1%
New
111
Increased
220
Reduced
251
Closed
68
Calls
$394M
Puts
$434M
Net Calls
-$40.1M
Net Calls Change
+$1.02B
Name Holding Trade Value Shares
Change
Change in
Stake
CFG
51
CNO Financial Group
Indiana
$69.7M +$8.26M +69,500 +13%
GLI
52
Guardian Life Insurance
New York
$69.1M
SF
53
Synovus Financial
Georgia
$61.3M -$1.04M -8,730 -2%
BNP Paribas Financial Markets
54
BNP Paribas Financial Markets
France
$60.6M +$58.9M +495,988 +2,333%
Janney Montgomery Scott
55
Janney Montgomery Scott
Pennsylvania
$55.7M +$5.75M +48,363 +11%
Asset Management One
56
Asset Management One
Japan
$55.2M +$56M +471,470 New
AssetMark Inc
57
AssetMark Inc
California
$54M +$10.9M +91,621 +25%
Bank of Montreal
58
Bank of Montreal
Ontario, Canada
$51.9M +$32M +269,424 +154%
FI
59
FormulaFolio Investments
Michigan
$50.3M +$4.56M +38,379 +10%
FA
60
FDx Advisors
Illinois
$49.2M +$5.89M +49,587 +13%
RJA
61
Raymond James & Associates
Florida
$48.5M -$3.91M -32,862 -7%
US Bancorp
62
US Bancorp
Minnesota
$46.2M +$2.65M +22,326 +6%
P
63
PhaseCapital
New York
$43.1M +$19.6M +165,300 +82%
VFA
64
Voya Financial Advisors
Connecticut
$42.8M +$2.49M +20,977 +6%
MLICM
65
Metropolitan Life Insurance Company (MetLife)
New York
$38.3M +$38.9M +327,200 New
SMM
66
Stadion Money Management
Georgia
$38.1M -$849K -7,145 -2%
SMA
67
Simply Money Advisors
Ohio
$36.8M -$12.5M -105,239 -25%
DILIC
68
Dai-ichi Life Insurance Company
Japan
$36.6M +$37.1M +312,000 New
BIM
69
BlackRock Investment Management
Delaware
$36.6M -$3.47M -29,188 -9%
CIA
70
Capital Investment Advisors
Georgia
$36.4M -$7.69M -64,717 -17%
LTFS
71
Ladenburg Thalmann Financial Services
Florida
$34.3M +$17.5M +147,556 +102%
Bank of New York Mellon
72
Bank of New York Mellon
New York
$33.9M +$23.4M +196,864 +213%
HI
73
Horizon Investments
North Carolina
$32.5M -$51.4M -432,697 -61%
PAMU
74
Pictet Asset Management (UK)
United Kingdom
$32.1M +$3.92M +33,000 +14%
RFC
75
Regions Financial Corp
Alabama
$30.1M -$1.83M -15,395 -6%

LQD Hedge Fund Activity: Q4 2016 in Review

650 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2016, worth a combined $17.8B — down 23% from $23.2B a quarter earlier.

Buyers outnumbered sellers: 111 funds opened new LQD positions and 68 closed out — a net gain of 43 holders — while 220 added to existing stakes and 251 trimmed.

The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $108M. The largest seller was Teachers Insurance & Annuity Association of America, cutting an estimated $1.09B.

  • 650 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2016, up from 619 in Q3 2016.
  • Funds reported $17.8B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2016, down 23% quarter-over-quarter.
  • 111 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2016 and 68 closed out, a net change of +43 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2016 was Northwestern Mutual Wealth Management, an estimated $108M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2016 was Teachers Insurance & Annuity Association of America, an estimated $1.09B sold.

Based on aggregated 13F filings for Q4 2016.