iShares Broad USD Investment Grade Corporate Bond ETF
USIG
93 hedge funds and large institutions have $524M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2014 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 30 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $471M → $524M (+$52.8M)
10.1% more ownership
Funds ownership: 131.52% → 141.62% (+10%)
10% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 30
8% more funds holding
Funds holding: 86 → 93 (+7)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$16.5M |
| 2 |
AssetMark Inc
Concord,
California
|
+$15.9M |
| 3 |
Morgan Stanley
New York
|
+$9.66M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.47M |
| 5 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.89M |
| 2 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.95M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$1.7M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$1.55M |
USIG Hedge Fund Activity: Q4 2014 in Review
93 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q4 2014, worth a combined $524M — up 11% from $471M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new USIG positions and 11 closed out — a net gain of 10 holders — while 33 added to existing stakes and 30 trimmed.
The largest buyer was PNC Financial Services Group, adding an estimated $16.5M. The largest seller was Envestnet Asset Management, cutting an estimated $6.89M.
- 93 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q4 2014, up from 86 in Q3 2014.
- Funds reported $524M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q4 2014, up 11% quarter-over-quarter.
- 21 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q4 2014 and 11 closed out, a net change of +10 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q4 2014 was PNC Financial Services Group, an estimated $16.5M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q4 2014 was Envestnet Asset Management, an estimated $6.89M sold.
Based on aggregated 13F filings for Q4 2014.