Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (LQD)

1K + Investors. Track Smart Money conviction in LQD. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +19
Streak
1Q ▲
Buyers last Q
54%

Smart Money Signals — LQD

Based on 1129 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added LQD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
1,129 hedge funds hold LQD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+88 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

575 buying494 selling
Last quarter: 575 funds bought or added vs 494 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+16 vs last Q)

new funds entering per quarter
Funds opening a new LQD position: 109 → 187 → 110 → 126. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
763 out of 1,129 hedge funds have held LQD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

122 → 109 → 187 → 110 → 126 new funds/Q
New funds entering each quarter: 109 → 187 → 110 → 126. LQD is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 71% veterans vs 18% newcomers

■ 71% veterans ■ 11% 1-2yr ■ 18% new
Entry-cohort mix of 1,159 holders: 821 (71%) are 2+ year veterans, 130 entered 1–2 years ago, and 208 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
41 of 1115 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in LQD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LQD

In 2026 Q2, 575 hedge funds were net buyers of LQD (126 opened a new position, 449 added to an existing one), while 494 reduced or exited (387 trimmed, 107 sold completely) — a 54% buyer ratio, indicating a slight buying edge. 41% of total institutional value in LQD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +19 funds (more new holders than closures). Total institutional holders: 1129.

Hedge Fund Ownership: LQD

How many hedge funds hold LQD — quarterly history vs. share price
Quarterly hedge fund ownership of LQD vs. share price

Market Analysis: LQD

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LQD

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

29 top-rated funds 36 high-conviction
Consensus
6.4
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: LQD
1K + Investors

Track Smart Money conviction in LQD. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1109 1110 -0.09%
13F Shares 382M 453M -15.57%
Total Value $41.12B $45.62B -9.87%
New Positions 120 110 +10
Increased Positions 438 449 -11
Closed Positions 107 137 -30
Reduced Positions 381 376 +5
Total Calls 16 19 -15.79%
Total Puts 25 30 -16.67%
PUT/CALL Ratio 1.56 1.58 Bearish

Statistics: LQD

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Institutional Holders (2026 Q2)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LQD. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LQD holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Empower Annuity Insurance Co 100.00% 2,456,850 $268.0M
2 Meiji Yasuda Life Insurance Co 69.19% 19,120,368 $2.09B
3 Japan Science & Technology Agency 17.55% 8,506,450 $927.8M
4 Summit Financial Consulting LLC 14.78% 199,703 $21.8M
5 Spahn Wealth & Retirement LLC 12.72% 181,212 $19.8M
6 NYL Investors LLC 11.24% 268,834 $29.3M
7 Vertex Investment Solutions Co., Ltd. 10.65% 143,900 $15.8M
8 BNP Paribas 10.04% 3,391,228 $369.9M
9 Finhabits Advisors LLC 9.99% 108,943 $11.9M
10 Westshore Wealth, LLC 9.50% 280,636 $30.6M
11 Allianz Se 9.05% 7,862,205 $857.5M
12 Mustico Financial Group, INC. 8.64% 124,812 $13.3M
13 AAFMAA Wealth Management & Trust LLC 8.31% 218,278 $23.8M
14 Joule Financial, LLC 8.07% 272,760 $29.7M
15 Lighthouse Financial LLC 7.94% 140,443 $15.3M
16 Kelsey Financial, LLC 7.88% 95,170 $10.4M
17 Coral Wealth Management, LLC 7.11% 79,514 $8.7M
18 Torrey-Payne Wealth Management, LLC 6.77% 75,511 $8.2M
19 Connecticut Capital Management Group, LLC 6.64% 75,516 $8.2M
20 Planning Project LLC 6.34% 299,341 $31.8M
21 HMS Capital Management, LLC 6.23% 152,632 $16.6M
22 GDS Wealth Management 6.17% 1,189,126 $129.7M
23 MTC Wealth Management LLC 5.93% 121,283 $13.2M
24 Topel & Distasi Wealth Management, LLC 5.87% 111,533 $12.2M
25 Northwestern Mutual Investment Management Company, LLC 5.83% 4,559,454 $497.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Ishares Tr (LQD)

What does the Smart Money Trend signal show for LQD?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added LQD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LQD?

Slight buying edge — 54% buying: Last quarter: 575 funds bought or added vs 494 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for LQD holders?

Elite ownership — 41% AUM from top-100 funds: 41 of 1115 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in LQD. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LQD?

68% of holders stayed for 2+ years: 763 out of 1,129 hedge funds have held LQD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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