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iShares iBoxx $ Investment Grade Corporate Bond ETF

463 hedge funds and large institutions have $15.7B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2014 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 188 increasing their positions, 161 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more capital invested

Capital invested by funds: $11.1B → $15.7B (+$4.69B)

17% more repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 161

6% more funds holding in top 10

Funds holding in top 10: 5255 (+3)

0.25% more ownership

Funds ownership: 62.2%62.45% (+0.25%)

1% less funds holding

Funds holding: 467463 (-4)

3% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 38

54% less call options, than puts

Call options by funds: $9.51M | Put options by funds: $20.8M

Holders
463
Holders Change
-4
Holders Change %
-0.86%
% of All Funds
13.44%
Holding in Top 10
55
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+5.77%
% of All Funds
1.6%
New
37
Increased
188
Reduced
161
Closed
38
Calls
$9.51M
Puts
$20.8M
Net Calls
-$11.3M
Net Calls Change
-$3.8M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Americafirst Capital Management
California
$4.99B +$5.01M +42,181 New
Fisher Asset Management
2
Fisher Asset Management
Washington
$1.28B +$56.4M +474,076 +5%
Bank of America
3
Bank of America
North Carolina
$940M -$20.3M -170,800 -2%
Wells Fargo
4
Wells Fargo
California
$687M -$30M -252,360 -4%
EFS
5
Edelman Financial Services
Virginia
$617M +$25.7M +215,931 +4%
BlackRock
6
BlackRock
New York
$517M -$2.52M -21,221 -0.5%
Morgan Stanley
7
Morgan Stanley
New York
$493M +$4.2M +35,290 +0.9%
AB
8
Aozora Bank
Japan
$492M
JP Morgan Chase
9
JP Morgan Chase
New York
$420M +$87.5M +735,940 +26%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$343M +$47.2M +396,838 +16%
NMIFOAC
11
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$290M +$28.1M +236,000 +11%
U
12
UBS
Switzerland
$258M +$35M +294,431 +16%
MAA
13
Managed Account Advisors
New Jersey
$215M +$92.6M +779,122 +75%
State Street
14
State Street
Massachusetts
$208M +$97.1M +816,551 +87%
VA
15
Valmark Advisers
Ohio
$194M +$5.22M +43,894 +3%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$160M +$12.4M +103,966 +8%
SIM
17
Sentry Investment Management
Wisconsin
$151M +$10.2M +85,400 +7%
KeyBank National Association
18
KeyBank National Association
Ohio
$149M -$89.3K -751 -0.1%
USAA
19
United Services Automobile Association
Texas
$132M -$16.3M -136,754 -11%
William Blair & Company
20
William Blair & Company
Illinois
$125M +$12.5M +104,960 +11%
PAM
21
Panagora Asset Management
Massachusetts
$99.3M +$11.5M +96,751 +13%
LPL Financial
22
LPL Financial
California
$93.5M -$17.5M -147,039 -16%
Deutsche Bank
23
Deutsche Bank
Germany
$91.7M +$58.7M +493,692 +175%
SF
24
Synovus Financial
Georgia
$84.5M +$2.53M +21,295 +3%
Goldman Sachs
25
Goldman Sachs
New York
$82.7M +$46.3M +389,196 +125%

LQD Hedge Fund Activity: Q3 2014 in Review

463 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q3 2014, worth a combined $15.7B — up 42% from $11.1B a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of LQD and 37 opened new positions — a net loss of 1 holder — while 161 trimmed existing stakes and 188 added.

The largest buyer was State Street, adding an estimated $97.1M. The largest seller was BlackRock Advisors, cutting an estimated $277M.

  • 463 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q3 2014, down from 467 in Q2 2014.
  • Funds reported $15.7B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q3 2014, up 42% quarter-over-quarter.
  • 37 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q3 2014 and 38 closed out, a net change of -1 holder.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q3 2014 was State Street, an estimated $97.1M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q3 2014 was BlackRock Advisors, an estimated $277M sold.

Based on aggregated 13F filings for Q3 2014.