LQD β€” ISHARES - INVESTOP

Ownership history in PAYDEN & RYGEL  Β·  10 quarters on record

This page tracks every 13F SEC filing in which PAYDEN & RYGEL reported a position in ISHARES - INVESTOP (LQD). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
4.0% (2024 Q3)
πŸ“Š Avg. % of fund
1.5%
πŸ“… First filed
2018 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
10

Position Intelligence

PAYDEN & RYGEL Γ— LQD AI Analytics

πŸ“‰ PAYDEN & RYGEL underperformed the S&P 500 by –52.5% annually on this LQD position. Timing score: 50% (4/8 decisions correct). Average cost basis: $102.38. Maximum drawdown during holding period: –14.0%.

πŸ“ˆ Position Alpha vs SPY
-52.5%
annualised excess return

❌ Significantly underperformed the S&P 500 by 52.5% ann.
9 quarters analyzed

⏱️ Timing Score
50%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
4 of 8 add/trim decisions correct

πŸ’° Entry Quality
$102.38
+6.9% vs current ($109.41)

Best entry: $87.58 (2018 Q4)  Β·  Worst: $109.41 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–14.0%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
67%
buy-side decisions

6 adds Β· 3 trims. Bought during 1 of 3 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ PAYDEN & RYGEL has been actively increasing its LQD allocation β€” a bullish signal from insiders.
Currently 3.54% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    LQD price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 464,396 +279,269 +150.9% 3.54% $51.2M $109.41
2025 Q1 ADDED 185,127 +125,625 +211.1% 1.73% $20.1M $103.92
2024 Q4 REDUCED 59,502 -399,671 -87.0% 0.55% $6.4M $101.40
2024 Q3 ADDED 459,173 +425,673 +1270.7% 4.00% $51.9M $105.72
2022 Q4 REDUCED 33,500 -199,900 -85.6% 0.19% $3.5M $91.90
2022 Q3 ADDED 233,400 +230,400 +7680.0% 1.40% $23.9M $88.18
2022 Q2 REDUCED 3,000 -497,500 -99.4% 0.02% $330K $93.96
2022 Q1 ADDED 500,500 +473,800 +1774.5% 3.06% $60.5M $102.58
2019 Q1 UNCHANGED 26,700 β€” 0% 0.23% $3.2M $92.99
2018 Q4 INITIATED 26,700 β€” β€” 0.24% $3.0M $87.58
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