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iShares iBoxx $ Investment Grade Corporate Bond ETF

464 hedge funds and large institutions have $9.64B 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.

New
Increased
Maintained
Reduced
Closed

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: 419464 (+45)

2.76% more ownership

Funds ownership: 61.01%63.76% (+2.8%)

14% less funds holding in top 10

Funds holding in top 10: 5144 (-7)

23% less capital invested

Capital invested by funds: $12.5B → $9.64B (-$2.87B)

31% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 183

Holders
464
Holders Change
+45
Holders Change %
+10.74%
% of All Funds
13.46%
Holding in Top 10
44
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-13.73%
% of All Funds
1.28%
New
90
Increased
126
Reduced
183
Closed
39
Calls
$40.4M
Puts
$30.7M
Net Calls
+$9.61M
Net Calls Change
+$13.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$1.02B +$51.9M +454,470 +5%
Bank of America
2
Bank of America
North Carolina
$855M +$5.28M +46,259 +0.6%
Wells Fargo
3
Wells Fargo
California
$651M -$63.5M -556,350 -9%
Morgan Stanley
4
Morgan Stanley
New York
$536M -$81.2M -711,173 -13%
EFS
5
Edelman Financial Services
Virginia
$534M -$151M -1,320,842 -22%
BlackRock
6
BlackRock
New York
$516M +$151M +1,326,619 +42%
AB
7
Aozora Bank
Japan
$475M
SR
8
Swiss Reinsurance
Switzerland
$399M -$190M -1,660,000 -30%
PNC Financial Services Group
9
PNC Financial Services Group
Pennsylvania
$300M -$21M -183,555 -7%
BA
10
BlackRock Advisors
Delaware
$269M +$269M +2,357,840 New
NMIFOAC
11
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$224M +$30.5M +267,000 +16%
U
12
UBS
Switzerland
$220M +$1.47M +12,909 +0.7%
VA
13
Valmark Advisers
Ohio
$169M +$14.4M +126,504 +9%
KeyBank National Association
14
KeyBank National Association
Ohio
$149M -$11.1M -97,241 -7%
WI
15
WBI Investments
New Jersey
$132M +$259K +2,272 +0.2%
SIM
16
Sentry Investment Management
Wisconsin
$121M +$8.76M +76,700 +8%
USAA
17
United Services Automobile Association
Texas
$110M -$19.3M -168,718 -15%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$98.7M +$303K +2,650 +0.3%
SB
19
Suntrust Banks
Georgia
$78M +$5.96M +52,197 +8%
SF
20
Synovus Financial
Georgia
$77.4M -$3.4M -29,758 -4%
MSA
21
Mason Street Advisors
Wisconsin
$77.4M
Ameriprise
22
Ameriprise
Minnesota
$68.1M +$62.3M +545,202 +1,041%
LPL Financial
23
LPL Financial
California
$66.7M -$8.43M -73,825 -11%
UOC
24
University of Chicago
Illinois
$65.1M
Retirement Systems of Alabama
25
Retirement Systems of Alabama
Alabama
$63.7M

LQD Hedge Fund Activity: Q4 2013 in Review

464 of the 3,446 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 $9.64B — down 23% from $12.5B 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 $9.64B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2013, down 23% 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.