iShares iBoxx $ Investment Grade Corporate Bond ETF
464 hedge funds and large institutions have $9.7B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 126 increasing their positions, 183 reducing their positions, and 39 closing their positions.
131% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 39
31% more call options, than puts
Call options by funds: $40.4M | Put options by funds: $30.7M
11% more funds holding
Funds holding: 419 → 464 (+45)
14% less funds holding in top 10
Funds holding in top 10: 51 → 44 (-7)
31% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 183
36% less capital inflows, than outflows
Capital inflows: $1.03B | Capital outflows: $1.61B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock Advisors
Wilmington,
Delaware
|
+$269M |
| 2 |
BlackRock
New York
|
+$151M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$62.3M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$51.9M |
| 5 |
AssetMark Inc
Concord,
California
|
+$40.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$369M |
| 2 |
Swiss Reinsurance
Zurich,
Switzerland
|
-$190M |
| 3 |
Edelman Financial Services
Fairfax,
Virginia
|
-$151M |
| 4 |
JP Morgan Chase
New York
|
-$134M |
| 5 |
Sandler Capital Management
New York
|
-$85.1M |
LQD Hedge Fund Activity: Q4 2013 in Review
464 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2013, worth a combined $9.7B — down 9.8% from $10.8B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new LQD positions and 39 closed out — a net gain of 51 holders — while 126 added to existing stakes and 183 trimmed.
The largest buyer was BlackRock Advisors, opening a new position worth an estimated $269M. The largest seller was Franklin Resources, cutting an estimated $369M.
- 464 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2013, up from 419 in Q3 2013.
- Funds reported $9.7B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2013, down 9.8% quarter-over-quarter.
- 90 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2013 and 39 closed out, a net change of +51 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2013 was BlackRock Advisors, an estimated $269M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2013 was Franklin Resources, an estimated $369M sold.
Based on aggregated 13F filings for Q4 2013.