iShares Broad USD Investment Grade Corporate Bond ETF
USIG
310 hedge funds and large institutions have $5.76B invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 109 increasing their positions, 91 reducing their positions, and 39 closing their positions.
77% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 39
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
20% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 91
11% more capital invested
Capital invested by funds: $5.21B → $5.76B (+$550M)
8% more funds holding
Funds holding: 287 → 310 (+23)
3.56% less ownership
Funds ownership: 68.94% → 65.38% (-3.6%)
19% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $2.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSTA
Japan Science & Technology Agency
Tokyo,
Japan
|
+$363M |
| 2 |
AssetMark Inc
Concord,
California
|
+$54M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$33.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$26.5M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$134M |
| 2 |
BlackRock
New York
|
-$39.3M |
| 3 |
Jane Street
New York
|
-$26.9M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$19.8M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.5M |
USIG Hedge Fund Activity: Q1 2023 in Review
310 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q1 2023, worth a combined $5.76B — up 11% from $5.21B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new USIG positions and 39 closed out — a net gain of 30 holders — while 109 added to existing stakes and 91 trimmed.
The largest buyer was Japan Science & Technology Agency, opening a new position worth an estimated $363M. The largest seller was Bank of America, cutting an estimated $134M.
- 310 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q1 2023, up from 287 in Q4 2022.
- Funds reported $5.76B of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q1 2023, up 11% quarter-over-quarter.
- 69 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q1 2023 and 39 closed out, a net change of +30 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q1 2023 was Japan Science & Technology Agency, an estimated $363M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q1 2023 was Bank of America, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2023.