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iShares iBoxx $ Investment Grade Corporate Bond ETF

708 hedge funds and large institutions have $26.9B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2018 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 278 increasing their positions, 256 reducing their positions, and 59 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more funds holding in top 10

Funds holding in top 10: 6775 (+8)

6% more capital invested

Capital invested by funds: $25.3B → $26.9B (+$1.55B)

2.54% more ownership

Funds ownership: 78.35%80.9% (+2.5%)

9% more repeat investments, than reductions

Existing positions increased: 278 | Existing positions reduced: 256

2% less funds holding

Funds holding: 723708 (-15)

17% less first-time investments, than exits

New positions opened: 49 | Existing positions closed: 59

86% less call options, than puts

Call options by funds: $209M | Put options by funds: $1.46B

Holders
708
Holders Change
-15
Holders Change %
-2.07%
% of All Funds
16.19%
Holding in Top 10
75
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.94%
% of All Funds
1.71%
New
49
Increased
278
Reduced
256
Closed
59
Calls
$209M
Puts
$1.46B
Net Calls
-$1.25B
Net Calls Change
-$1.14B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$4.1B -$570M -4,943,850 -12%
Fisher Asset Management
2
Fisher Asset Management
Washington
$2.51B -$189M -1,642,979 -7%
BlackRock
3
BlackRock
New York
$1.77B -$200M -1,738,185 -10%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$1.59B +$1.15B +9,970,049 +255%
Goldman Sachs
5
Goldman Sachs
New York
$1.11B +$885M +7,677,572 +387%
EFS
6
Edelman Financial Services
Virginia
$1B +$23.9M +206,936 +2%
Ameriprise
7
Ameriprise
Minnesota
$934M +$22.1M +191,309 +3%
UBS Group
8
UBS Group
Switzerland
$925M +$38.2M +331,735 +4%
AIMU
9
Allianz Investment Management US
Minnesota
$888M +$246M +2,135,000 +38%
NMIFOAC
10
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$696M
Morgan Stanley
11
Morgan Stanley
New York
$626M +$108M +933,800 +21%
DILIC
12
Dai-ichi Life Insurance Company
Japan
$524M +$522M +4,529,040 +13,617%
LMGAM
13
Liberty Mutual Group Asset Management
Massachusetts
$505M -$91.2M -791,157 -15%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$424M -$134M -1,165,357 -24%
CI
15
Cigna Investments
Connecticut
$375M
Wells Fargo
16
Wells Fargo
California
$348M -$47.3M -410,713 -12%
Mitsubishi UFJ Trust & Banking
17
Mitsubishi UFJ Trust & Banking
Japan
$343M -$39.2M -340,000 -10%
N
18
Nuveen
North Carolina
$300M +$301M +2,612,814 New
Allianz Asset Management
19
Allianz Asset Management
Germany
$292M -$9.83M -85,240 -3%
BA
20
Bridgewater Associates
Connecticut
$288M
PAM
21
Panagora Asset Management
Massachusetts
$281M -$59M -512,201 -17%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$277M -$6.46M -56,013 -2%
W
23
Wealthfront
California
$270M +$17.5M +152,244 +7%
VA
24
Valmark Advisers
Ohio
$251M -$2.28M -19,744 -0.9%
LPL Financial
25
LPL Financial
California
$250M +$33.6M +291,198 +15%

LQD Hedge Fund Activity: Q3 2018 in Review

708 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q3 2018, worth a combined $26.9B — up 6.1% from $25.3B a quarter earlier.

Sellers outnumbered buyers: 59 funds closed out of LQD and 49 opened new positions — a net loss of 10 holders — while 256 trimmed existing stakes and 278 added.

The largest buyer was Envestnet Asset Management, adding an estimated $1.15B. The largest seller was Bank of America, cutting an estimated $570M.

  • 708 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q3 2018, down from 723 in Q2 2018.
  • Funds reported $26.9B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q3 2018, up 6.1% quarter-over-quarter.
  • 49 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q3 2018 and 59 closed out, a net change of -10 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q3 2018 was Envestnet Asset Management, an estimated $1.15B added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q3 2018 was Bank of America, an estimated $570M sold.

Based on aggregated 13F filings for Q3 2018.