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
↓ -28
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — LQD

Based on 1107 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their LQD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
1,107 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
+84 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 — 52% buying

560 buying523 selling
Last quarter: 560 funds bought or added vs 523 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.
⚠️

Fewer new buyers each quarter (-79 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 121 → 108 → 186 → 107. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 19% medium ■ 15% new
741 out of 1,107 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.
📈

Growing discovery — still being found

102 → 121 → 108 → 186 → 107 new funds/Q
New funds entering each quarter: 121 → 108 → 186 → 107. A growing number of institutions are discovering LQD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 11% 1-2yr ■ 18% new
Of 1,143 current holders: 806 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 50% AUM from top-100 funds

50% from top-100 AUM funds
43 of 1107 holders are among the 100 largest funds by AUM, controlling 50% 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 Q1, 560 hedge funds were net buyers of LQD (107 opened a new position, 453 added to an existing one), while 523 reduced or exited (388 trimmed, 135 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 50% of total institutional value in LQD is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -28 funds (more exits than new entries). Total institutional holders: 1107.

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

-- --

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

Is It Too Late to Buy Ishares Tr (LQD) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LQD has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
LQD
+0.1%
SPY
+14.1%

LQD outperformed SPY by -14.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
LQD
+1.5%
SPY
+0.3%

Since the filing became public, LQD outperformed SPY by +1.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

41 top-rated funds 49 high-conviction
Consensus
7.0
/ 10
breadth
×
Elite
3.7
/ 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 Q1) Prior (2025 Q4) Change
Funds Holding 1098 1135 -3.26%
13F Shares 453M 360M 25.6%
Total Value $45.58B $39.39B 15.7%
New Positions 104 186 -82
Increased Positions 445 434 +11
Closed Positions 141 95 +46
Reduced Positions 374 360 +14
Total Calls 19 17 11.76%
Total Puts 30 30 -
PUT/CALL Ratio 1.58 1.76 Bearish

Statistics: LQD

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Institutional Holders (2026 Q1)

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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Empower Annuity Insurance Co 100.00% 2,456,850 $267.8M
2 Meiji Yasuda Life Insurance Co 71.23% 19,120,368 $2.08B
3 Japan Science & Technology Agency 19.27% 8,506,450 $927.1M
4 Summit Financial Consulting LLC 15.94% 204,293 $22.3M
5 Barings LLC 15.16% 8,612,363 $938.7M
6 Brigade Capital Management, LP 13.53% 1,000,000 $109.0M
7 NYL Investors LLC 10.95% 265,872 $29.0M
8 Westshore Wealth, LLC 10.25% 268,104 $29.2M
9 Lighthouse Financial LLC 10.17% 154,747 $16.9M
10 Finhabits Advisors LLC 10.14% 100,809 $11.0M
11 Mustico Financial Group, INC. 9.60% 125,409 $13.7M
12 Allianz Se 9.50% 7,862,205 $856.9M
13 Kelsey Financial, LLC 9.20% 96,565 $10.5M
14 BNP Paribas 8.92% 2,573,766 $280.5M
15 AAFMAA Wealth Management & Trust LLC 8.52% 201,481 $22.0M
16 Joule Financial, LLC 8.48% 267,204 $29.1M
17 Connecticut Capital Management Group, LLC 7.65% 74,274 $8.1M
18 Torrey-Payne Wealth Management, LLC 7.31% 73,166 $8.0M
19 GDS Wealth Management 6.51% 994,088 $108.3M
20 HMS Capital Management, LLC 6.38% 151,392 $16.5M
21 MTC Wealth Management LLC 6.30% 121,712 $13.3M
22 Topel & Distasi Wealth Management, LLC 5.88% 104,452 $11.4M
23 Townsend Financial Planning, LLC 5.87% 55,631 $6.1M
24 Strong Tower Advisory Services 5.78% 281,664 $30.7M
25 Northwestern Mutual Investment Management Company, LLC 5.69% 3,443,454 $375.3M
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?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their LQD positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for LQD?

Slight buying edge — 52% buying: Last quarter: 560 funds bought or added vs 523 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 — 50% AUM from top-100 funds: 43 of 1107 holders are among the 100 largest funds by AUM, controlling 50% 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?

67% of holders stayed for 2+ years: 741 out of 1,107 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.

Is it too late to buy Ishares Tr (LQD) following the 2026 Q1 hedge fund 13F filings?

As of today, LQD has moved +1.5% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +1.2%. Since the quarter end (March 31, 2026), LQD has gained +0.1% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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