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
↑ +77
Streak
3Q ▲
Buyers last Q
58%

Smart Money Signals — LQD

Based on 1054 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, 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 (100% of max)

100% of all-time peak
1,054 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 — +6% more funds vs a year ago

fund count last 6Q
+56 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

591 buying428 selling
Last quarter: 591 funds bought or added vs 428 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 (+66 vs last Q)

new funds entering per quarter
Funds opening a new LQD position: 94 → 112 → 101 → 167. 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+) ■ 16% medium ■ 16% new
721 out of 1,054 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.
💎

Buying through price weakness — shares -0%, value -61%

Value
-61%
Shares
0%
Last quarter: funds added -0% more shares while total portfolio value only changed -61%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

119 → 94 → 112 → 101 → 167 new funds/Q
New funds entering each quarter: 94 → 112 → 101 → 167. A growing number of institutions are discovering LQD each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 11% 1-2yr ■ 20% new
Of 1,092 current holders: 750 (69%) 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.
✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
32 of 1054 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 2025 Q4, 591 hedge funds were net buyers of LQD (167 opened a new position, 424 added to an existing one), while 428 reduced or exited (338 trimmed, 90 sold completely) — a 58% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 31% of total institutional value in LQD is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +77 funds (more new holders than closures). Total institutional holders: 1054.

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.

Smart Money Signal ?
Broad Consensus, Selective Conviction

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

66 top-rated funds 44 high-conviction
Consensus
7.9
/ 10
breadth
×
Elite
5.3
/ 10
conviction
Hedge Fund Positioning: LQD
2026 Q1 Stats Unlock in 9 days 1K + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1092 1015 7.59%
13F Shares 351M 352M -0.23%
Total Value $38.66B $99.41B -61.11%
New Positions 171 101 +70
Increased Positions 477 460 +17
Closed Positions 90 100 -10
Reduced Positions 385 389 -4
Total Calls 17 19 -10.53%
Total Puts 30 34 -11.76%
PUT/CALL Ratio 1.76 1.79 Bearish

Statistics: LQD

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

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.

Top 25 institutional holders of LQD — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Symetra Investment Management Co 22.39% 2,371,880 $259K
2 Japan Science & Technology Agency 19.27% 8,506,450 $927.1M
3 Summit Financial Consulting LLC 15.94% 204,293 $22.3M
4 BARINGS LLC 15.16% 8,612,363 $938.7M
5 NYL Investors LLC 10.95% 265,872 $29.0M
6 Finhabits Advisors LLC 10.14% 100,809 $11.0M
7 ALLIANZ SE 9.50% 7,862,205 $856.9M
8 Kelsey Financial, LLC 9.20% 96,565 $10.5M
9 AAFMAA Wealth Management & Trust LLC 8.52% 201,481 $22.0M
10 Joule Financial, LLC 8.48% 267,204 $29.1M
11 Connecticut Capital Management Group, LLC 7.65% 74,274 $8.1M
12 Torrey-Payne Wealth Management, LLC 7.31% 73,166 $8.0M
13 GDS Wealth Management 6.51% 994,088 $108.3M
14 HMS Capital Management, LLC 6.38% 151,392 $16.5M
15 MTC Wealth Management LLC 6.30% 121,712 $13.3M
16 Topel & Distasi Wealth Management, LLC 5.88% 104,452 $11.4M
17 Townsend Financial Planning, LLC 5.87% 55,631 $6.1M
18 Strong Tower Advisory Services 5.78% 281,664 $30.7M
19 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 5.69% 3,443,454 $375.3M
20 Members Trust Co 5.68% 1,569,008 $171.0M
21 Cresta Advisors, Ltd. 5.53% 123,987 $13.5M
22 North Dakota State Investment Board 5.24% 1,111,374 $121.1M
23 Providence First Trust Co 5.14% 134,227 $14.6M
24 CAPSTONE WEALTH MANAGEMENT GROUP, LLC 5.09% 111,478 $12.1M
25 Income Insurance Ltd 5.08% 68,570 $7.5M
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 — 3 quarters in a row: For 3 consecutive quarters, 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 — 58% buying: Last quarter: 591 funds bought or added vs 428 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?

Strong quality — 31% AUM from major funds: 32 of 1054 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held LQD?

68% of holders stayed for 2+ years: 721 out of 1,054 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.