BNY Mellon High Yield Beta ETF
BKHY
22 hedge funds and large institutions have $59.1M invested in BNY Mellon High Yield Beta ETF in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 15 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
15.1% less ownership
Funds ownership: 96.21% → 81.11% (-15%)
21% less funds holding
Funds holding: 28 → 22 (-6)
34% less capital invested
Capital invested by funds: $89.4M → $59.1M (-$30.4M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.59M |
| 2 |
JP Morgan Chase
New York
|
+$4.86M |
| 3 |
SWP
ShoreHaven Wealth Partners
Red Bank,
New Jersey
|
+$4.86M |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$28.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.6M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$5.59M |
| 4 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$2.22M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| – | -$2.22M | -47,761 | Closed |
|
|
FIM
27
Freedom Investment Management
Hartford,
Connecticut
| – | -$1.82M | -39,078 | Closed |
|
|
FEM
28
Fulcrum Equity Management
Plano,
Texas
| – | -$1.39M | -29,866 | Closed |
|
|
CAN
29
Cetera Advisor Networks
El Segundo,
California
| – | -$1.31M | -28,117 | Closed |
|
|
AWS
30
Atria Wealth Solutions
New York
| – | -$1.27M | -27,350 | Closed |
|
|
SB
31
Strategic Blueprint
Atlanta,
Georgia
| – | -$537K | -11,559 | Closed |
|
|
CA
32
Cetera Advisors
Denver,
Colorado
| – | -$394K | -8,480 | Closed |
|
|
SS
33
Sunbelt Securities
Houston,
Texas
| – | -$343K | -7,382 | Closed |
|
|
MOS
34
MGO One Seven
Beachwood,
Ohio
| – | -$310K | -6,665 | Closed |
|
|
VAG
35
VisionPoint Advisory Group
Dallas,
Texas
| – | -$179K | -3,861 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$31.2K | -671 | Closed |
|
37
UBS Group
Zurich,
Switzerland
| – | -$232 | -5 | Closed |
|
BKHY Hedge Fund Activity: Q3 2023 in Review
22 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in BNY Mellon High Yield Beta ETF (BKHY) for Q3 2023, worth a combined $59.1M — down 34% from $89.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BKHY and 9 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $6.59M. The largest seller was Total Investment Management, exiting entirely with an estimated $28.2M sold.
- 22 institutional investors held BNY Mellon High Yield Beta ETF (BKHY) as of Q3 2023, down from 28 in Q2 2023.
- Funds reported $59.1M of BNY Mellon High Yield Beta ETF stock for Q3 2023, down 34% quarter-over-quarter.
- 9 funds opened new BNY Mellon High Yield Beta ETF positions in Q3 2023 and 15 closed out, a net change of -6 holders.
- The largest BNY Mellon High Yield Beta ETF buyer in Q3 2023 was Jane Street, an estimated $6.59M added.
- The largest BNY Mellon High Yield Beta ETF seller in Q3 2023 was Total Investment Management, an estimated $28.2M sold.
Based on aggregated 13F filings for Q3 2023.