iShares iBoxx $ Investment Grade Corporate Bond ETF
1,050 hedge funds and large institutions have $30B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 376 increasing their positions, 437 reducing their positions, and 133 closing their positions.
3% more call options, than puts
Call options by funds: $4.28B | Put options by funds: $4.16B
4% less funds holding
Funds holding: 1,097 → 1,050 (-47)
8% less funds holding in top 10
Funds holding in top 10: 91 → 84 (-7)
10% less capital invested
Capital invested by funds: $33.3B → $30B (-$3.29B)
11.26% less ownership
Funds ownership: 104.03% → 92.77% (-11%)
14% less repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 437
25% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 133
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$722M |
| 2 |
NI
NYL Investors
New York
|
+$551M |
| 3 |
DCP
Diameter Capital Partners
New York
|
+$326M |
| 4 |
CC
Centiva Capital
New York
|
+$267M |
| 5 |
Citigroup
New York
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.64B |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$475M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$460M |
| 4 |
AAMU
APG Asset Management US
New York
|
-$343M |
| 5 |
D.E. Shaw & Co
New York
|
-$341M |
LQD Hedge Fund Activity: Q1 2024 in Review
1,050 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q1 2024, worth a combined $30B — down 9.9% from $33.3B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of LQD and 100 opened new positions — a net loss of 33 holders — while 437 trimmed existing stakes and 376 added.
The largest buyer was Prudential Financial, adding an estimated $722M. The largest seller was Morgan Stanley, cutting an estimated $1.64B.
- 1,050 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q1 2024, down from 1,097 in Q4 2023.
- Funds reported $30B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q1 2024, down 9.9% quarter-over-quarter.
- 100 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q1 2024 and 133 closed out, a net change of -33 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q1 2024 was Prudential Financial, an estimated $722M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $1.64B sold.
Based on aggregated 13F filings for Q1 2024.