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iShares iBoxx $ Investment Grade Corporate Bond ETF

723 hedge funds and large institutions have $25.3B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2018 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 237 increasing their positions, 311 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.14% less ownership

Funds ownership: 79.49%78.35% (-1.1%)

3% less funds holding

Funds holding: 742723 (-19)

6% less capital invested

Capital invested by funds: $27B → $25.3B (-$1.7B)

12% less funds holding in top 10

Funds holding in top 10: 7667 (-9)

14% less first-time investments, than exits

New positions opened: 60 | Existing positions closed: 70

24% less repeat investments, than reductions

Existing positions increased: 237 | Existing positions reduced: 311

26% less call options, than puts

Call options by funds: $311M | Put options by funds: $420M

Holders
723
Holders Change
-19
Holders Change %
-2.56%
% of All Funds
16.55%
Holding in Top 10
67
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-11.84%
% of All Funds
1.53%
New
60
Increased
237
Reduced
311
Closed
70
Calls
$311M
Puts
$420M
Net Calls
-$109M
Net Calls Change
+$510M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$4.65B +$772M +6,708,337 +20%
Fisher Asset Management
2
Fisher Asset Management
Washington
$2.69B -$23.9M -207,624 -0.9%
BlackRock
3
BlackRock
New York
$1.97B +$681M +5,916,188 +53%
EFS
4
Edelman Financial Services
Virginia
$978M +$35.3M +306,965 +4%
UBS Group
5
UBS Group
Switzerland
$885M -$75.4M -654,940 -8%
Ameriprise
6
Ameriprise
Minnesota
$806M +$401M +3,481,877 +98%
NMIFOAC
7
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$693M +$91.7M +796,000 +15%
AIMU
8
Allianz Investment Management US
Minnesota
$641M +$267M +2,321,884 +71%
LMGAM
9
Liberty Mutual Group Asset Management
Massachusetts
$594M +$32.9M +286,143 +6%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$557M +$32.8M +285,266 +6%
Morgan Stanley
11
Morgan Stanley
New York
$517M -$84.9M -737,654 -14%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$447M +$29.6M +256,808 +7%
Wells Fargo
13
Wells Fargo
California
$394M -$23.1M -200,764 -6%
CI
14
Cigna Investments
Connecticut
$383M
Mitsubishi UFJ Trust & Banking
15
Mitsubishi UFJ Trust & Banking
Japan
$381M -$48.2M -418,200 -11%
PAM
16
Panagora Asset Management
Massachusetts
$339M +$4.84M +42,049 +1%
Allianz Asset Management
17
Allianz Asset Management
Germany
$301M -$24.5M -213,022 -8%
BA
18
Bridgewater Associates
Connecticut
$287M
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$282M -$13.6M -117,823 -5%
TA
20
Teachers Advisors
New York
$275M +$277M +2,403,323 New
GC
21
Guggenheim Capital
Illinois
$262M +$3.16M +27,456 +1%
SMFG
22
Sumitomo Mitsui Financial Group
Japan
$259M -$2.08M -18,105 -0.8%
VA
23
Valmark Advisers
Ohio
$252M +$2.11M +18,352 +0.8%
AC
24
Allstate Corporation
Illinois
$252M -$2.45M -21,277 -1%
W
25
Wealthfront
California
$252M +$24.9M +216,173 +11%

LQD Hedge Fund Activity: Q2 2018 in Review

723 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2018, worth a combined $25.3B — down 6.3% from $27B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of LQD and 60 opened new positions — a net loss of 10 holders — while 311 trimmed existing stakes and 237 added.

The largest buyer was Bank of America, adding an estimated $772M. The largest seller was First Command Financial Services, exiting entirely with an estimated $1.42B sold.

  • 723 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2018, down from 742 in Q1 2018.
  • Funds reported $25.3B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2018, down 6.3% quarter-over-quarter.
  • 60 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2018 and 70 closed out, a net change of -10 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2018 was Bank of America, an estimated $772M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2018 was First Command Financial Services, an estimated $1.42B sold.

Based on aggregated 13F filings for Q2 2018.