iShares Broad USD Investment Grade Corporate Bond ETF
USIG
92 hedge funds and large institutions have $597M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 45 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 93 → 92 (-1)
5% less capital invested
Capital invested by funds: $629M → $597M (-$32.8M)
60% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$15.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.6M |
| 3 |
SCM
Saba Capital Management
New York
|
+$10.1M |
| 4 |
Jane Street
New York
|
+$8.99M |
| 5 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$39M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.8M |
| 3 |
NMLIC
Northwestern Mutual Life Insurance Company
Milwaukee,
Wisconsin
|
-$5.4M |
| 4 |
Morgan Stanley
New York
|
-$5.2M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$3.62M |
USIG Hedge Fund Activity: Q4 2013 in Review
92 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q4 2013, worth a combined $597M — down 5.2% from $629M a quarter earlier.
Fund positioning in USIG was balanced in Q4 2013: 15 funds opened new positions, 15 closed out, 18 added to existing stakes and 45 trimmed.
The largest buyer was Bluefin Capital Management, adding an estimated $15.4M. The largest seller was AssetMark Inc, cutting an estimated $39M.
- 92 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q4 2013, down from 93 in Q3 2013.
- Funds reported $597M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q4 2013, down 5.2% quarter-over-quarter.
- 15 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q4 2013 and 15 closed out, a net change of 0 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q4 2013 was Bluefin Capital Management, an estimated $15.4M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q4 2013 was AssetMark Inc, an estimated $39M sold.
Based on aggregated 13F filings for Q4 2013.