iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
1,054 hedge funds and large institutions have $30B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 378 increasing their positions, 438 reducing their positions, and 131 closing their positions.
3% more call options, than puts
Call options by funds: $4.28B | Put options by funds: $4.16B
4% less funds holding
Funds holding: 1,099 → 1,054 (-45)
6% less capital invested
Capital invested by funds: $32B → $30B (-$2.03B)
7.38% less ownership
Funds ownership: 100.11% → 92.72% (-7.4%)
8% less funds holding in top 10
Funds holding in top 10: 91 → 84 (-7)
14% less repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 438
24% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$722M |
| 2 |
NI
NYL Investors
New York
|
+$551M |
| 3 |
DCP
Diameter Capital Partners
New York
|
+$326M |
| 4 |
CC
Centiva Capital
New York
|
+$267M |
| 5 |
Citigroup
New York
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$475M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$460M |
| 3 |
AAMU
APG Asset Management US
New York
|
-$343M |
| 4 |
D.E. Shaw & Co
New York
|
-$341M |
| 5 |
Morgan Stanley
New York
|
-$319M |
LQD Hedge Fund Activity: Q1 2024 in Review
1,054 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q1 2024, worth a combined $30B — down 6.3% from $32B a quarter earlier.
Sellers outnumbered buyers: 131 funds closed out of LQD and 100 opened new positions — a net loss of 31 holders — while 438 trimmed existing stakes and 378 added.
The largest buyer was Prudential Financial, adding an estimated $722M. The largest seller was Envestnet Asset Management, cutting an estimated $475M.
- 1,054 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q1 2024, down from 1,099 in Q4 2023.
- Funds reported $30B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q1 2024, down 6.3% quarter-over-quarter.
- 100 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q1 2024 and 131 closed out, a net change of -31 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q1 2024 was Prudential Financial, an estimated $722M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q1 2024 was Envestnet Asset Management, an estimated $475M sold.
Based on aggregated 13F filings for Q1 2024.