iShares iBoxx $ Investment Grade Corporate Bond ETF
467 hedge funds and large institutions have $11B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 159 increasing their positions, 182 reducing their positions, and 30 closing their positions.
47% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 30
8% more funds holding in top 10
Funds holding in top 10: 48 → 52 (+4)
7% more capital invested
Capital invested by funds: $10.4B → $11B (+$682M)
3% more funds holding
Funds holding: 455 → 467 (+12)
0.15% less ownership
Funds ownership: 62.34% → 62.2% (-0.15%)
13% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 182
66% less call options, than puts
Call options by funds: $3.92M | Put options by funds: $11.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$164M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$123M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
+$80.4M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$66.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$62.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$69.5M |
| 2 |
B
Bailard
Foster City,
California
|
-$55.8M |
| 3 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
-$38.6M |
| 4 |
UOC
University of Chicago
Chicago,
Illinois
|
-$36.4M |
| 5 |
Morgan Stanley
New York
|
-$35.6M |
LQD Hedge Fund Activity: Q2 2014 in Review
467 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2014, worth a combined $11B — up 6.6% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new LQD positions and 30 closed out — a net gain of 14 holders — while 159 added to existing stakes and 182 trimmed.
The largest buyer was Bank of America, adding an estimated $164M. The largest seller was JP Morgan Chase, cutting an estimated $69.5M.
- 467 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2014, up from 455 in Q1 2014.
- Funds reported $11B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2014, up 6.6% quarter-over-quarter.
- 44 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2014 and 30 closed out, a net change of +14 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2014 was Bank of America, an estimated $164M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2014 was JP Morgan Chase, an estimated $69.5M sold.
Based on aggregated 13F filings for Q2 2014.