iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
1,009 hedge funds and large institutions have $32.3B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 124 funds opening new positions, 337 increasing their positions, 402 reducing their positions, and 109 closing their positions.
14% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 109
10% more funds holding in top 10
Funds holding in top 10: 97 → 107 (+10)
3.75% more ownership
Funds ownership: 91.1% → 94.85% (+3.7%)
1% less funds holding
Funds holding: 1,018 → 1,009 (-9)
3% less capital invested
Capital invested by funds: $33.4B → $32.3B (-$1.07B)
16% less repeat investments, than reductions
Existing positions increased: 337 | Existing positions reduced: 402
71% less call options, than puts
Call options by funds: $2.04B | Put options by funds: $6.98B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
+$907M |
| 2 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
+$569M |
| 3 |
JP Morgan Chase
New York
|
+$452M |
| 4 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$319M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$312M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.4B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$569M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$461M |
| 4 |
AB
Aozora Bank
Tokyo,
Japan
|
-$300M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$275M |
LQD Hedge Fund Activity: Q1 2023 in Review
1,009 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q1 2023, worth a combined $32.3B — down 3.2% from $33.4B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new LQD positions and 109 closed out — a net gain of 15 holders — while 337 added to existing stakes and 402 trimmed.
The largest buyer was Banco Bilbao Vizcaya Argentaria, adding an estimated $907M. The largest seller was Nuveen, cutting an estimated $1.4B.
- 1,009 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q1 2023, down from 1,018 in Q4 2022.
- Funds reported $32.3B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q1 2023, down 3.2% quarter-over-quarter.
- 124 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q1 2023 and 109 closed out, a net change of +15 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q1 2023 was Banco Bilbao Vizcaya Argentaria, an estimated $907M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q1 2023 was Nuveen, an estimated $1.4B sold.
Based on aggregated 13F filings for Q1 2023.