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iShares Broad USD Investment Grade Corporate Bond ETF

86 hedge funds and large institutions have $481M invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 35 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

1% more funds holding

Funds holding: 8586 (+1)

5.29% less ownership

Funds ownership: 129.24%123.95% (-5.3%)

15% less capital invested

Capital invested by funds: $565M → $481M (-$83.9M)

49% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 35

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

54% less call options, than puts

Call options by funds: $65K | Put options by funds: $141K

Holders
86
Holders Change
+1
Holders Change %
+1.18%
% of All Funds
2.4%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
10
Increased
18
Reduced
35
Closed
8
Calls
$65K
Puts
$141K
Net Calls
-$76K
Net Calls Change
-$293K
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
1
ETrade Capital Management
Virginia
$116M +$847K +15,618 +0.7%
BFA
2
BlackRock Fund Advisors
California
$108M +$5.85M +107,990 +6%
Morgan Stanley
3
Morgan Stanley
New York
$37.4M +$911K +16,808 +2%
AssetMark Inc
4
AssetMark Inc
California
$33.2M -$9.46M -174,478 -22%
Bank of America
5
Bank of America
North Carolina
$20.4M -$8.19M -151,100 -29%
Goldman Sachs
6
Goldman Sachs
New York
$14.9M -$66.3K -1,224 -0.4%
KeyBank National Association
7
KeyBank National Association
Ohio
$14.2M -$8.55M -157,812 -38%
Charles Schwab
8
Charles Schwab
California
$11.5M +$9.43K +174 +0.1%
WI
9
WBI Investments
New Jersey
$11.2M +$11.2M +205,700 New
ClearBridge Investments
10
ClearBridge Investments
New York
$10.9M -$546K -10,066 -5%
Wells Fargo
11
Wells Fargo
California
$10.2M -$255K -4,706 -2%
UBS Group
12
UBS Group
Switzerland
$7.39M -$3.99M -73,628 -35%
BCI
13
Brinker Capital Investments
Pennsylvania
$7.05M +$320K +5,904 +5%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$6.24M -$650K -11,988 -9%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$5.24M -$14.8M -272,566 -74%
LPL Financial
16
LPL Financial
California
$5.09M -$525K -9,680 -9%
CCM
17
Canal Capital Management
Virginia
$4.7M -$828K -15,266 -15%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$4.34M -$206K -3,794 -5%
RJA
19
Raymond James & Associates
Florida
$3.67M +$1.75M +32,294 +91%
Jane Street
20
Jane Street
New York
$3.57M +$3.57M +65,852 New
JIR
21
James Investment Research
Ohio
$3.53M -$541K -9,980 -13%
BCM
22
Bluefin Capital Management
New York
$3.51M -$20M -369,628 -85%
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$3.09M -$14.6K -270 -0.5%
Ameriprise
24
Ameriprise
Minnesota
$2.9M +$36.8K +678 +1%
PAMU
25
Pictet Asset Management (UK)
United Kingdom
$2.86M

USIG Hedge Fund Activity: Q3 2015 in Review

86 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q3 2015, worth a combined $481M — down 15% from $565M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new USIG positions and 8 closed out — a net gain of 2 holders — while 18 added to existing stakes and 35 trimmed.

The largest buyer was WBI Investments, opening a new position worth an estimated $11.2M. The largest seller was Susquehanna International Group, cutting an estimated $21.2M.

  • 86 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q3 2015, up from 85 in Q2 2015.
  • Funds reported $481M of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q3 2015, down 15% quarter-over-quarter.
  • 10 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q3 2015 and 8 closed out, a net change of +2 holders.
  • The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q3 2015 was WBI Investments, an estimated $11.2M added.
  • The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q3 2015 was Susquehanna International Group, an estimated $21.2M sold.

Based on aggregated 13F filings for Q3 2015.