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iShares iBoxx $ Investment Grade Corporate Bond ETF

1,030 hedge funds and large institutions have $43.7B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2020 Q2 according to their latest regulatory filings, with 195 funds opening new positions, 440 increasing their positions, 252 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 89

75% more repeat investments, than reductions

Existing positions increased: 440 | Existing positions reduced: 252

33% more capital invested

Capital invested by funds: $32.9B → $43.7B (+$10.9B)

31% more funds holding in top 10

Funds holding in top 10: 120157 (+37)

11% more funds holding

Funds holding: 9311,030 (+99)

3.34% less ownership

Funds ownership: 84.52%81.18% (-3.3%)

51% less call options, than puts

Call options by funds: $897M | Put options by funds: $1.84B

Holders
1,030
Holders Change
+99
Holders Change %
+10.63%
% of All Funds
21.12%
Holding in Top 10
157
Holding in Top 10 Change
+37
Holding in Top 10 Change %
+30.83%
% of All Funds
3.22%
New
195
Increased
440
Reduced
252
Closed
89
Calls
$897M
Puts
$1.84B
Net Calls
-$944M
Net Calls Change
+$1.32B
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$3.93B +$177M +1,363,574 +5%
PP
2
Prudential plc
United Kingdom
$2.25B +$1.69B +12,979,906 +345%
Fisher Asset Management
3
Fisher Asset Management
Washington
$1.98B -$22.4M -171,909 -1%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$1.9B +$1.64B +12,596,227 +823%
BlackRock
5
BlackRock
New York
$1.86B +$558M +4,290,175 +45%
Ameriprise
6
Ameriprise
Minnesota
$1.83B +$151M +1,162,986 +9%
N
7
Nuveen
North Carolina
$1.61B
Citigroup
8
Citigroup
New York
$1.53B +$552M +4,248,173 +60%
AIMU
9
Allianz Investment Management US
Minnesota
$1.17B +$14.6M +112,000 +1%
UBS Group
10
UBS Group
Switzerland
$1.07B +$74.2M +570,799 +8%
Morgan Stanley
11
Morgan Stanley
New York
$1.03B +$89.1M +685,395 +10%
GC
12
Guggenheim Capital
Illinois
$981M +$188M +1,443,507 +25%
Financial Engines Advisors
13
Financial Engines Advisors
California
$871M -$78.1M -600,579 -8%
Wells Fargo
14
Wells Fargo
California
$750M +$225M +1,727,031 +45%
Barclays
15
Barclays
United Kingdom
$678M -$469M -3,604,360 -42%
Goldman Sachs
16
Goldman Sachs
New York
$656M +$371M +2,856,712 +142%
JP Morgan Chase
17
JP Morgan Chase
New York
$564M -$834M -6,411,905 -60%
WAMC
18
Western Asset Management Company
California
$518M +$500M +3,848,836 New
NMIMC
19
Northwestern Mutual Investment Management Company
Wisconsin
$512M +$4.19M +32,200 +0.9%
NMIFOAC
20
National Mutual Insurance Federation of Agricultural Cooperatives
Japan
$508M
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$505M +$458M +3,525,546 +1,921%
Wealthfront Advisers
22
Wealthfront Advisers
California
$459M +$10.5M +81,077 +2%
LPL Financial
23
LPL Financial
California
$451M +$288M +2,216,845 +196%
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$370M +$357M +2,744,673 +51,524%
DILIC
25
Dai-ichi Life Insurance Company
Japan
$363M +$344M +2,648,990 +5,028%

LQD Hedge Fund Activity: Q2 2020 in Review

1,030 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q2 2020, worth a combined $43.7B — up 33% from $32.9B a quarter earlier.

Buyers outnumbered sellers: 195 funds opened new LQD positions and 89 closed out — a net gain of 106 holders — while 440 added to existing stakes and 252 trimmed.

The largest buyer was Prudential plc, adding an estimated $1.69B. The largest seller was JP Morgan Chase, cutting an estimated $834M.

  • 1,030 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q2 2020, up from 931 in Q1 2020.
  • Funds reported $43.7B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q2 2020, up 33% quarter-over-quarter.
  • 195 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q2 2020 and 89 closed out, a net change of +106 holders.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q2 2020 was Prudential plc, an estimated $1.69B added.
  • The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q2 2020 was JP Morgan Chase, an estimated $834M sold.

Based on aggregated 13F filings for Q2 2020.