iShares Broad USD Investment Grade Corporate Bond ETF
USIG
87 hedge funds and large institutions have $534M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 38 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
5% less funds holding
Funds holding: 92 → 87 (-5)
9% less capital invested
Capital invested by funds: $586M → $534M (-$51.9M)
39% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 38
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
+$7.93M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.44M |
| 3 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$3.38M |
| 4 |
Bank of New York Mellon
New York
|
+$2.02M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$36.2M |
| 2 |
SCM
Saba Capital Management
New York
|
-$12.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.32M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.75M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.72M |
USIG Hedge Fund Activity: Q1 2014 in Review
87 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q1 2014, worth a combined $534M — down 8.9% from $586M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of USIG and 6 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 23 added.
The largest buyer was ETrade Capital Management, adding an estimated $7.93M. The largest seller was Bluefin Capital Management, cutting an estimated $36.2M.
- 87 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q1 2014, down from 92 in Q4 2013.
- Funds reported $534M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q1 2014, down 8.9% quarter-over-quarter.
- 6 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q1 2014 and 11 closed out, a net change of -5 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q1 2014 was ETrade Capital Management, an estimated $7.93M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q1 2014 was Bluefin Capital Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2014.