iShares Broad USD Investment Grade Corporate Bond ETF
USIG
395 hedge funds and large institutions have $7.5B invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2024 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 162 increasing their positions, 112 reducing their positions, and 40 closing their positions.
242% more call options, than puts
Call options by funds: $1.34M | Put options by funds: $392K
60% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 40
45% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 112
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
4% more funds holding
Funds holding: 378 → 395 (+17)
21% less capital invested
Capital invested by funds: $9.46B → $7.5B (-$1.96B)
20.97% less ownership
Funds ownership: 88.24% → 67.27% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
+$79.2M |
| 2 |
BlackRock
New York
|
+$68.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$55.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$38M |
| 5 |
NJBEST
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
-$2.25B |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$29.6M |
| 3 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$16.4M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$9.21M |
| 5 |
Bank of New York Mellon
New York
|
-$9.1M |
USIG Hedge Fund Activity: Q2 2024 in Review
395 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q2 2024, worth a combined $7.5B — down 21% from $9.46B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new USIG positions and 40 closed out — a net gain of 24 holders — while 162 added to existing stakes and 112 trimmed.
The largest buyer was TIAA Trust, National Association, adding an estimated $79.2M. The largest seller was UBS AM, exiting entirely with an estimated $2.25B sold.
- 395 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q2 2024, up from 378 in Q1 2024.
- Funds reported $7.5B of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q2 2024, down 21% quarter-over-quarter.
- 64 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q2 2024 and 40 closed out, a net change of +24 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q2 2024 was TIAA Trust, National Association, an estimated $79.2M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q2 2024 was UBS AM, an estimated $2.25B sold.
Based on aggregated 13F filings for Q2 2024.