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iShares AAA-A Rated Corporate Bond ETF

27 hedge funds and large institutions have $402M invested in iShares AAA-A Rated Corporate Bond ETF in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.65% less ownership

Funds ownership: 99.16%95.5% (-3.7%)

5% less capital invested

Capital invested by funds: $424M → $402M (-$21.7M)

7% less funds holding

Funds holding: 2927 (-2)

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
27
Holders Change
-2
Holders Change %
-6.9%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
8
Reduced
9
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Windhaven Investment Management
Massachusetts
$382M -$13.6M -265,076 -3%
Ohio Public Employees Retirement System (OPERS)
2
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.2M
JG
3
Jefferies Group
New York
$4.72M +$4.73M +92,060 New
SCM
4
Saba Capital Management
New York
$2.11M -$1.17M -22,673 -36%
William Blair & Company
5
William Blair & Company
Illinois
$1.59M -$77.2K -1,501 -5%
Bank of America
6
Bank of America
North Carolina
$1.24M -$1.27M -24,789 -51%
Morgan Stanley
7
Morgan Stanley
New York
$783K -$46.7K -908 -6%
WA
8
WealthTrust-Arizona
Arizona
$599K -$108K -2,099 -15%
BIM
9
BlackRock Investment Management
Delaware
$499K +$248K +4,833 +99%
M&T Bank
10
M&T Bank
New York
$483K +$484K +9,419 New
Jane Street
11
Jane Street
New York
$468K -$865K -16,830 -65%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$390K +$68.1K +1,324 +21%
Ameriprise
13
Ameriprise
Minnesota
$288K -$2.62K -51 -0.9%
CHFS
14
Cobble Hill Financial Services
New Jersey
$256K
U
15
UBS
Switzerland
$242K +$26.9K +523 +12%
V
16
Veritable
Delaware
$225K +$15.6K +304 +7%
Axa
17
Axa
France
$156K +$32.4K +630 +26%
JIR
18
James Investment Research
Ohio
$154K
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$69K +$68.6K +1,335 New
AIG
20
American International Group
New York
$47.6K +$15.6K +304 +49%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$25K +$25.1K +489 New
BWFA
22
Baltimore-Washington Financial Advisors
Maryland
$11K -$12.4K -241 -52%
Wells Fargo
23
Wells Fargo
California
$10K +$6.17K +120 +158%
FANJ
24
Financial Architects (New Jersey)
New Jersey
$9K +$2.67K +52 +45%
NFG
25
Next Financial Group
Texas
$4K +$3.91K +76 New

QLTA Hedge Fund Activity: Q3 2014 in Review

27 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares AAA-A Rated Corporate Bond ETF (QLTA) for Q3 2014, worth a combined $402M — down 5.1% from $424M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of QLTA and 6 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 8 added.

The largest buyer was Jefferies Group, opening a new position worth an estimated $4.73M. The largest seller was Windhaven Investment Management, cutting an estimated $13.6M.

  • 27 institutional investors held iShares AAA-A Rated Corporate Bond ETF (QLTA) as of Q3 2014, down from 29 in Q2 2014.
  • Funds reported $402M of iShares AAA-A Rated Corporate Bond ETF stock for Q3 2014, down 5.1% quarter-over-quarter.
  • 6 funds opened new iShares AAA-A Rated Corporate Bond ETF positions in Q3 2014 and 8 closed out, a net change of -2 holders.
  • The largest iShares AAA-A Rated Corporate Bond ETF buyer in Q3 2014 was Jefferies Group, an estimated $4.73M added.
  • The largest iShares AAA-A Rated Corporate Bond ETF seller in Q3 2014 was Windhaven Investment Management, an estimated $13.6M sold.

Based on aggregated 13F filings for Q3 2014.