iShares Broad USD Investment Grade Corporate Bond ETF
USIG
80 hedge funds and large institutions have $532M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 26 increasing their positions, 34 reducing their positions, and 8 closing their positions.
135.74% more ownership
Funds ownership: 0% → 135.74% (+136%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
2% less capital invested
Capital invested by funds: $545M → $532M (-$13.6M)
8% less funds holding
Funds holding: 87 → 80 (-7)
24% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 34
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$10.1M |
| 2 |
SCM
Saba Capital Management
New York
|
+$4.55M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.21M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.58M |
| 5 |
AssetMark Inc
Concord,
California
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$20.6M |
| 2 |
Jane Street
New York
|
-$11.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.37M |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$3.33M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.02M |
USIG Hedge Fund Activity: Q2 2014 in Review
80 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q2 2014, worth a combined $532M — down 2.5% from $545M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of USIG and 1 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 26 added.
The largest buyer was Bluefin Capital Management, adding an estimated $10.1M. The largest seller was Bank of New York Mellon, cutting an estimated $20.6M.
- 80 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q2 2014, down from 87 in Q1 2014.
- Funds reported $532M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q2 2014, down 2.5% quarter-over-quarter.
- 1 fund opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q2 2014 and 8 closed out, a net change of -7 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q2 2014 was Bluefin Capital Management, an estimated $10.1M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q2 2014 was Bank of New York Mellon, an estimated $20.6M sold.
Based on aggregated 13F filings for Q2 2014.