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iShares iBoxx $ Investment Grade Corporate Bond ETF

775 hedge funds and large institutions have $27B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 254 increasing their positions, 298 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 68

14% more capital invested

Capital invested by funds: $23.7B → $27B (+$3.29B)

3% more funds holding

Funds holding: 749775 (+26)

0.48% more ownership

Funds ownership: 79.99%80.48% (+0.48%)

6% less funds holding in top 10

Funds holding in top 10: 8883 (-5)

15% less repeat investments, than reductions

Existing positions increased: 254 | Existing positions reduced: 298

58% less call options, than puts

Call options by funds: $639M | Put options by funds: $1.52B

Holders
775
Holders Change
+26
Holders Change %
+3.47%
% of All Funds
16.77%
Holding in Top 10
83
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-5.68%
% of All Funds
1.8%
New
104
Increased
254
Reduced
298
Closed
68
Calls
$639M
Puts
$1.52B
Net Calls
-$883M
Net Calls Change
-$104M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$3.38B -$438M -3,778,702 -12%
Fisher Asset Management
2
Fisher Asset Management
Washington
$2.48B -$48M -413,997 -2%
BlackRock
3
BlackRock
New York
$1.86B +$146M +1,256,972 +9%
N
4
Nuveen
North Carolina
$1.05B +$613M +5,294,991 +151%
Financial Engines Advisors
5
Financial Engines Advisors
California
$1.05B +$76.7M +662,047 +8%
UBS Group
6
UBS Group
Switzerland
$1.02B +$187M +1,610,684 +23%
Ameriprise
7
Ameriprise
Minnesota
$928M -$208M -1,799,071 -19%
Morgan Stanley
8
Morgan Stanley
New York
$823M +$326M +2,814,247 +69%
JP Morgan Chase
9
JP Morgan Chase
New York
$815M +$753M +6,496,225 +1,869%
CC
10
CQS Cayman
Cayman Islands
$810M +$647M +5,582,000 +456%
NMIFOAC
11
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$721M
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$631M -$143M -1,233,381 -19%
Wells Fargo
13
Wells Fargo
California
$531M +$209M +1,805,597 +68%
AIMU
14
Allianz Investment Management US
Minnesota
$463M -$373M -3,219,218 -45%
Goldman Sachs
15
Goldman Sachs
New York
$416M +$26.9M +232,579 +7%
Mitsubishi UFJ Trust & Banking
16
Mitsubishi UFJ Trust & Banking
Japan
$381M +$26.1M +225,000 +8%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$347M -$48.2M -416,046 -12%
Wealthfront Advisers
18
Wealthfront Advisers
California
$325M +$21.9M +188,881 +7%
BA
19
Bridgewater Associates
Connecticut
$312M +$13.2M +113,573 +5%
PAM
20
Panagora Asset Management
Massachusetts
$308M -$3.08M -26,591 -1%
DILIC
21
Dai-ichi Life Insurance Company
Japan
$283M +$192M +1,653,760 +230%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$271M -$25.9K -224 -0%
SMFG
23
Sumitomo Mitsui Financial Group
Japan
$256M -$3.77M -32,519 -1%
LPL Financial
24
LPL Financial
California
$235M +$6.32M +54,571 +3%
Citigroup
25
Citigroup
New York
$217M +$98.1M +846,881 +87%

LQD Hedge Fund Activity: Q1 2019 in Review

775 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q1 2019, worth a combined $27B — up 14% from $23.7B a quarter earlier.

Buyers outnumbered sellers: 104 funds opened new LQD positions and 68 closed out — a net gain of 36 holders — while 254 added to existing stakes and 298 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $753M. The largest seller was Liberty Mutual Group Asset Management, exiting entirely with an estimated $493M sold.

  • 775 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q1 2019, up from 749 in Q4 2018.
  • Funds reported $27B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q1 2019, up 14% quarter-over-quarter.
  • 104 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q1 2019 and 68 closed out, a net change of +36 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q1 2019 was JP Morgan Chase, an estimated $753M added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q1 2019 was Liberty Mutual Group Asset Management, an estimated $493M sold.

Based on aggregated 13F filings for Q1 2019.