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iShares iBoxx $ Investment Grade Corporate Bond ETF

537 hedge funds and large institutions have $14B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 177 increasing their positions, 229 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.28% more ownership

Funds ownership: 65.22%67.5% (+2.3%)

4% less capital invested

Capital invested by funds: $14.6B → $14B (-$607M)

4% less funds holding

Funds holding: 557537 (-20)

23% less funds holding in top 10

Funds holding in top 10: 8062 (-18)

23% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 229

27% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 55

65% less call options, than puts

Call options by funds: $208M | Put options by funds: $600M

Holders
537
Holders Change
-20
Holders Change %
-3.59%
% of All Funds
14.47%
Holding in Top 10
62
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-22.5%
% of All Funds
1.67%
New
40
Increased
177
Reduced
229
Closed
55
Calls
$208M
Puts
$600M
Net Calls
-$392M
Net Calls Change
-$267M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$1.34B +$30.3M +255,955 +2%
Bank of America
2
Bank of America
North Carolina
$844M -$51.2M -432,385 -6%
SR
3
Swiss Re
Switzerland
$765M +$20.5M +172,800 +3%
Wells Fargo
4
Wells Fargo
California
$713M -$44.3M -374,111 -6%
EFS
5
Edelman Financial Services
Virginia
$657M +$19.8M +167,008 +3%
NMIFOAC
6
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$653M +$190M +1,603,000 +40%
BlackRock
7
BlackRock
New York
$536M +$23.8M +200,825 +5%
MAA
8
Managed Account Advisors
New Jersey
$509M +$136M +1,145,839 +35%
BA
9
BlackRock Advisors
Delaware
$481M +$445M +3,759,361 +941%
AB
10
Aozora Bank
Japan
$479M +$194M +1,639,000 +66%
Morgan Stanley
11
Morgan Stanley
New York
$445M -$122M -1,030,227 -21%
Allianz Asset Management
12
Allianz Asset Management
Germany
$349M +$73.1M +617,405 +26%
UBS Group
13
UBS Group
Switzerland
$342M -$3.38M -28,517 -1%
PNC Financial Services Group
14
PNC Financial Services Group
Pennsylvania
$334M -$27.7M -233,911 -7%
William Blair & Company
15
William Blair & Company
Illinois
$255M +$72.9M +615,000 +39%
JP Morgan Chase
16
JP Morgan Chase
New York
$230M -$373M -3,151,048 -61%
VA
17
Valmark Advisers
Ohio
$203M +$7.93M +66,920 +4%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$178M -$29.6M -249,687 -14%
SIM
19
Sentry Investment Management
Wisconsin
$177M +$7.19M +60,700 +4%
KeyBank National Association
20
KeyBank National Association
Ohio
$158M -$1.69M -14,248 -1%
Barclays
21
Barclays
United Kingdom
$155M +$139M +1,175,238 +693%
LPL Financial
22
LPL Financial
California
$143M -$3.76M -31,728 -3%
USAA
23
United Services Automobile Association
Texas
$141M +$10.7M +89,937 +8%
State Street
24
State Street
Massachusetts
$137M +$4.9M +41,373 +4%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$123M -$2.94M -24,816 -2%

LQD Hedge Fund Activity: Q2 2015 in Review

537 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2015, worth a combined $14B — down 4.2% from $14.6B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of LQD and 40 opened new positions — a net loss of 15 holders — while 229 trimmed existing stakes and 177 added.

The largest buyer was BlackRock Advisors, adding an estimated $445M. The largest seller was JP Morgan Chase, cutting an estimated $373M.

  • 537 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2015, down from 557 in Q1 2015.
  • Funds reported $14B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2015, down 4.2% quarter-over-quarter.
  • 40 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2015 and 55 closed out, a net change of -15 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2015 was BlackRock Advisors, an estimated $445M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2015 was JP Morgan Chase, an estimated $373M sold.

Based on aggregated 13F filings for Q2 2015.