iShares Broad USD Investment Grade Corporate Bond ETF
USIG
329 hedge funds and large institutions have $6.15B invested in iShares Broad USD Investment Grade Corporate Bond ETF in 2023 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 125 increasing their positions, 98 reducing their positions, and 34 closing their positions.
56% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 34
47% more call options, than puts
Call options by funds: $796K | Put options by funds: $541K
28% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 98
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
7% more capital invested
Capital invested by funds: $5.76B → $6.15B (+$385M)
6% more funds holding
Funds holding: 311 → 329 (+18)
1.81% more ownership
Funds ownership: 65.38% → 67.19% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$129M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$59.8M |
| 3 |
MG
Mather Group
Chicago,
Illinois
|
+$51.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$41M |
| 5 |
Morgan Stanley
New York
|
+$40.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$92.6M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$29.2M |
| 3 |
BlackRock
New York
|
-$10M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$4.99M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.54M |
USIG Hedge Fund Activity: Q2 2023 in Review
329 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD Investment Grade Corporate Bond ETF (USIG) for Q2 2023, worth a combined $6.15B — up 6.7% from $5.76B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new USIG positions and 34 closed out — a net gain of 19 holders — while 125 added to existing stakes and 98 trimmed.
The largest buyer was SEI Investments, adding an estimated $129M. The largest seller was Principal Financial Group, exiting entirely with an estimated $92.6M sold.
- 329 institutional investors held iShares Broad USD Investment Grade Corporate Bond ETF (USIG) as of Q2 2023, up from 311 in Q1 2023.
- Funds reported $6.15B of iShares Broad USD Investment Grade Corporate Bond ETF stock for Q2 2023, up 6.7% quarter-over-quarter.
- 53 funds opened new iShares Broad USD Investment Grade Corporate Bond ETF positions in Q2 2023 and 34 closed out, a net change of +19 holders.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF buyer in Q2 2023 was SEI Investments, an estimated $129M added.
- The largest iShares Broad USD Investment Grade Corporate Bond ETF seller in Q2 2023 was Principal Financial Group, an estimated $92.6M sold.
Based on aggregated 13F filings for Q2 2023.