iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
775 hedge funds and large institutions have $27B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 254 increasing their positions, 298 reducing their positions, and 68 closing their positions.
53% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 68
14% more capital invested
Capital invested by funds: $23.7B → $27B (+$3.29B)
3% more funds holding
Funds holding: 749 → 775 (+26)
0.48% more ownership
Funds ownership: 79.99% → 80.48% (+0.48%)
6% less funds holding in top 10
Funds holding in top 10: 88 → 83 (-5)
15% less repeat investments, than reductions
Existing positions increased: 254 | Existing positions reduced: 298
58% less call options, than puts
Call options by funds: $639M | Put options by funds: $1.52B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$753M |
| 2 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$647M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$613M |
| 4 |
Morgan Stanley
New York
|
+$326M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$493M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$438M |
| 3 |
CI
Cigna Investments
Bloomfield,
Connecticut
|
-$377M |
| 4 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
-$373M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$365M |
LQD Hedge Fund Activity: Q1 2019 in Review
775 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q1 2019, worth a combined $27B — up 14% from $23.7B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new LQD positions and 68 closed out — a net gain of 36 holders — while 254 added to existing stakes and 298 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $753M. The largest seller was Liberty Mutual Group Asset Management, exiting entirely with an estimated $493M sold.
- 775 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q1 2019, up from 749 in Q4 2018.
- Funds reported $27B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q1 2019, up 14% quarter-over-quarter.
- 104 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q1 2019 and 68 closed out, a net change of +36 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q1 2019 was JP Morgan Chase, an estimated $753M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q1 2019 was Liberty Mutual Group Asset Management, an estimated $493M sold.
Based on aggregated 13F filings for Q1 2019.