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iShares iBoxx $ Investment Grade Corporate Bond ETF

527 hedge funds and large institutions have $18.1B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2014 Q4 according to their latest regulatory filings, with 102 funds opening new positions, 198 increasing their positions, 146 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

252% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 29

36% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 146

22% more funds holding in top 10

Funds holding in top 10: 5567 (+12)

15% more capital invested

Capital invested by funds: $15.7B → $18.1B (+$2.33B)

14% more funds holding

Funds holding: 463527 (+64)

1.04% more ownership

Funds ownership: 62.45%63.48% (+1%)

23% less call options, than puts

Call options by funds: $6.96M | Put options by funds: $9M

Holders
527
Holders Change
+64
Holders Change %
+13.82%
% of All Funds
14.05%
Holding in Top 10
67
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+21.82%
% of All Funds
1.79%
New
102
Increased
198
Reduced
146
Closed
29
Calls
$6.96M
Puts
$9M
Net Calls
-$2.04M
Net Calls Change
+$9.27M
Name Holding Trade Value Shares
Change
Change in
Stake
ACM
1
Americafirst Capital Management
California
$4.84B -$196K -1,648 -4%
Fisher Asset Management
2
Fisher Asset Management
Washington
$1.33B +$32M +268,786 +2%
LTI
3
Laffer Tengler Investments
Tennessee
$1.23B -$1.27M -10,671 Closed
Wells Fargo
4
Wells Fargo
California
$745M +$51.9M +435,601 +8%
EFS
5
Edelman Financial Services
Virginia
$639M +$15.7M +131,414 +3%
Bank of America
6
Bank of America
North Carolina
$548M -$400M -3,359,282 -42%
BlackRock
7
BlackRock
New York
$521M -$1.18M -9,890 -0.2%
Morgan Stanley
8
Morgan Stanley
New York
$519M +$21M +175,841 +4%
AB
9
Aozora Bank
Japan
$497M
JP Morgan Chase
10
JP Morgan Chase
New York
$490M +$65.6M +550,758 +15%
NMIFOAC
11
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$400M +$107M +898,800 +37%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$391M +$43.9M +368,307 +13%
UBS Group
13
UBS Group
Switzerland
$292M +$291M +2,441,769 New
MAA
14
Managed Account Advisors
New Jersey
$288M +$71.3M +598,251 +33%
Allianz Asset Management
15
Allianz Asset Management
Germany
$264M +$192M +1,614,907 +272%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$222M +$149M +1,250,633 +207%
VA
17
Valmark Advisers
Ohio
$200M +$4.28M +35,904 +2%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$183M +$21.9M +184,022 +14%
WI
19
WBI Investments
New Jersey
$175M +$174M +1,463,262 New
KeyBank National Association
20
KeyBank National Association
Ohio
$163M +$13.1M +109,921 +9%
SIM
21
Sentry Investment Management
Wisconsin
$161M +$8.41M +70,600 +6%
William Blair & Company
22
William Blair & Company
Illinois
$149M +$22.9M +192,270 +18%
State Street
23
State Street
Massachusetts
$140M -$69.6M -583,670 -33%
Goldman Sachs
24
Goldman Sachs
New York
$137M +$53.1M +445,801 +64%
USAA
25
United Services Automobile Association
Texas
$134M -$230K -1,933 -0.2%

LQD Hedge Fund Activity: Q4 2014 in Review

527 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2014, worth a combined $18.1B — up 15% from $15.7B a quarter earlier.

Buyers outnumbered sellers: 102 funds opened new LQD positions and 29 closed out — a net gain of 73 holders — while 198 added to existing stakes and 146 trimmed.

The largest buyer was Allianz Asset Management, adding an estimated $192M. The largest seller was Bank of America, cutting an estimated $400M.

  • 527 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2014, up from 463 in Q3 2014.
  • Funds reported $18.1B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2014, up 15% quarter-over-quarter.
  • 102 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2014 and 29 closed out, a net change of +73 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2014 was Allianz Asset Management, an estimated $192M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2014 was Bank of America, an estimated $400M sold.

Based on aggregated 13F filings for Q4 2014.