iShares iBoxx $ Investment Grade Corporate Bond ETF
1,045 hedge funds and large institutions have $29B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2025 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 354 increasing their positions, 417 reducing their positions, and 81 closing their positions.
37% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 81
4.6% more ownership
Funds ownership: 94.47% → 99.07% (+4.6%)
2% more funds holding
Funds holding: 1,028 → 1,045 (+17)
4% more capital invested
Capital invested by funds: $28B → $29B (+$1B)
3% less funds holding in top 10
Funds holding in top 10: 80 → 78 (-2)
15% less repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 417
66% less call options, than puts
Call options by funds: $1.63B | Put options by funds: $4.83B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$718M |
| 2 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$429M |
| 3 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$395M |
| 4 |
AAMU
APG Asset Management US
New York
|
+$367M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$335M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
NYL Investors
New York
|
-$746M |
| 2 |
Goldman Sachs
New York
|
-$427M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$254M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$250M |
| 5 |
D.E. Shaw & Co
New York
|
-$150M |
LQD Hedge Fund Activity: Q2 2025 in Review
1,045 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2025, worth a combined $29B — up 3.6% from $28B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new LQD positions and 81 closed out — a net gain of 30 holders — while 354 added to existing stakes and 417 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $718M. The largest seller was NYL Investors, cutting an estimated $746M.
- 1,045 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2025, up from 1,028 in Q1 2025.
- Funds reported $29B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2025, up 3.6% quarter-over-quarter.
- 111 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2025 and 81 closed out, a net change of +30 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2025 was Morgan Stanley, an estimated $718M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2025 was NYL Investors, an estimated $746M sold.
Based on aggregated 13F filings for Q2 2025.