iShares Broad USD Investment Grade Corporate Bond ETF
USIG
98 hedge funds and large institutions have $940M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 29 reducing their positions, and 16 closing their positions.
26% more capital invested
Capital invested by funds: $748M → $940M (+$192M)
14% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 29
9.32% more ownership
Funds ownership: 136.16% → 145.48% (+9.3%)
8% less funds holding
Funds holding: 107 → 98 (-9)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$190M |
| 2 |
BlackRock
New York
|
+$169M |
| 3 |
Morgan Stanley
New York
|
+$16.5M |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$15.5M |
| 5 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
-$14.3M |
| 2 |
AT
Arden Trust
Wilmington,
Delaware
|
-$7.87M |
| 3 |
AssetMark Inc
Concord,
California
|
-$6.96M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.98M |
| 5 |
Goldman Sachs
New York
|
-$5.42M |
USIG Hedge Fund Activity: Q1 2017 in Review
98 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q1 2017, worth a combined $940M — up 26% from $748M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of USIG and 13 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 33 added.
The largest buyer was UBS Group, adding an estimated $190M. The largest seller was Metropolitan Life Insurance Company (MetLife), exiting entirely with an estimated $14.3M sold.
- 98 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q1 2017, down from 107 in Q4 2016.
- Funds reported $940M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q1 2017, up 26% quarter-over-quarter.
- 13 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q1 2017 and 16 closed out, a net change of -3 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q1 2017 was UBS Group, an estimated $190M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q1 2017 was Metropolitan Life Insurance Company (MetLife), an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2017.