iShares iBoxx $ Investment Grade Corporate Bond ETF
1,151 hedge funds and large institutions have $30.9B invested in iShares iBoxx $ Investment Grade Corporate Bond ETF in 2025 Q4 according to their latest regulatory filings, with 187 funds opening new positions, 440 increasing their positions, 364 reducing their positions, and 67 closing their positions.
179% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 67
22% more funds holding in top 10
Funds holding in top 10: 77 → 94 (+17)
21% more repeat investments, than reductions
Existing positions increased: 440 | Existing positions reduced: 364
10% more funds holding
Funds holding: 1,051 → 1,151 (+100)
4.53% more ownership
Funds ownership: 96.74% → 101.27% (+4.5%)
3% more capital invested
Capital invested by funds: $30.1B → $30.9B (+$770M)
21% less call options, than puts
Call options by funds: $3.85B | Put options by funds: $4.87B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
A
Allianz
Munich,
Germany
|
+$874M |
| 2 |
SAMU
SONA Asset Management (US)
New York
|
+$735M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$662M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$429M |
| 5 |
JP Morgan Chase
New York
|
+$355M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
-$876M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$626M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$452M |
| 4 |
Goldman Sachs
New York
|
-$386M |
| 5 |
D.E. Shaw & Co
New York
|
-$324M |
LQD Hedge Fund Activity: Q4 2025 in Review
1,151 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) for Q4 2025, worth a combined $30.9B — up 2.6% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 187 funds opened new LQD positions and 67 closed out — a net gain of 120 holders — while 440 added to existing stakes and 364 trimmed.
The largest buyer was Allianz, opening a new position worth an estimated $874M. The largest seller was Allianz Investment Management US, exiting entirely with an estimated $876M sold.
- 1,151 institutional investors held iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) as of Q4 2025, up from 1,051 in Q3 2025.
- Funds reported $30.9B of iShares iBoxx $ Investment Grade Corporate Bond ETF stock for Q4 2025, up 2.6% quarter-over-quarter.
- 187 funds opened new iShares iBoxx $ Investment Grade Corporate Bond ETF positions in Q4 2025 and 67 closed out, a net change of +120 holders.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF buyer in Q4 2025 was Allianz, an estimated $874M added.
- The largest iShares iBoxx $ Investment Grade Corporate Bond ETF seller in Q4 2025 was Allianz Investment Management US, an estimated $876M sold.
Based on aggregated 13F filings for Q4 2025.