iShares Broad USD Investment Grade Corporate Bond ETF
USIG
96 hedge funds and large institutions have $447M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 36 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
8% more funds holding
Funds holding: 89 → 96 (+7)
13.34% less ownership
Funds ownership: 130.51% → 117.17% (-13%)
22% less capital invested
Capital invested by funds: $576M → $447M (-$129M)
33% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 36
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$15.7M |
| 2 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
+$13.6M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$9.53M |
| 4 |
SG Americas Securities
New York
|
+$9.39M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
-$115M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$69.3M |
| 3 |
Jane Street
New York
|
-$14.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.83M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$3.81M |
USIG Hedge Fund Activity: Q1 2016 in Review
96 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q1 2016, worth a combined $447M — down 22% from $576M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new USIG positions and 10 closed out — a net gain of 7 holders — while 24 added to existing stakes and 36 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $15.7M. The largest seller was ETrade Capital Management, exiting entirely with an estimated $115M sold.
- 96 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q1 2016, up from 89 in Q4 2015.
- Funds reported $447M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q1 2016, down 22% quarter-over-quarter.
- 17 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q1 2016 and 10 closed out, a net change of +7 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q1 2016 was Goldman Sachs, an estimated $15.7M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q1 2016 was ETrade Capital Management, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2016.