iShares iBoxx $ Investment Grade Corporate Bond ETF
651 hedge funds and large institutions have $17.8B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2016 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 220 increasing their positions, 252 reducing their positions, and 69 closing their positions.
61% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 69
5% more funds holding
Funds holding: 621 → 651 (+30)
9% less call options, than puts
Call options by funds: $394M | Put options by funds: $434M
3.07% less ownership
Funds ownership: 70.46% → 67.39% (-3.1%)
3% less funds holding in top 10
Funds holding in top 10: 87 → 84 (-3)
13% less repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 252
24% less capital invested
Capital invested by funds: $23.4B → $17.8B (-$5.53B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MKP Capital Management
New York
|
+$97.9M |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
+$88.1M |
| 3 |
SIM
Strategic Investment Management
Arlington,
Virginia
|
+$81.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$75.2M |
| 5 |
EFS
Edelman Financial Services
Fairfax,
Virginia
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAAOA
Teachers Insurance & Annuity Association of America
New York
|
-$1.09B |
| 2 |
Wells Fargo
San Francisco,
California
|
-$715M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$526M |
| 4 |
SR
Swiss Re
Zurich,
Switzerland
|
-$466M |
| 5 |
JP Morgan Chase
New York
|
-$434M |
LQD Hedge Fund Activity: Q4 2016 in Review
651 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2016, worth a combined $17.8B — down 24% from $23.4B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new LQD positions and 69 closed out — a net gain of 42 holders — while 220 added to existing stakes and 252 trimmed.
The largest buyer was MKP Capital Management, opening a new position worth an estimated $97.9M. The largest seller was Teachers Insurance & Annuity Association of America, cutting an estimated $1.09B.
- 651 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2016, up from 621 in Q3 2016.
- Funds reported $17.8B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2016, down 24% quarter-over-quarter.
- 111 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2016 and 69 closed out, a net change of +42 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2016 was MKP Capital Management, an estimated $97.9M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2016 was Teachers Insurance & Annuity Association of America, an estimated $1.09B sold.
Based on aggregated 13F filings for Q4 2016.