iShares BB Rated Corporate Bond ETF
HYBB
33 hedge funds and large institutions have $345M invested in iShares BB Rated Corporate Bond ETF in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
80% more capital invested
Capital invested by funds: $192M → $345M (+$153M)
32% more funds holding
Funds holding: 25 → 33 (+8)
4.72% more ownership
Funds ownership: 87.25% → 91.97% (+4.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$48.3M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$37.3M |
| 3 |
BlackRock
New York
|
+$24.6M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$18M |
| 5 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$873K |
| 2 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$410K |
| 3 |
NA
Nottingham Advisors
Amherst,
New York
|
-$148K |
| 4 |
BFM
Boston Financial Management
Boston,
Massachusetts
|
-$138K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $74.7K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $67.1K | +$22.8K | +514 | +52% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $26K | +$532 | +12 | +2% |
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $22K | – | – | – |
|
30
Morgan Stanley
New York
| $12.9K | – | – | – |
|
31
Wells Fargo
San Francisco,
California
| $6.88K | – | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
MCC
33
Money Concepts Capital
Palm Beach Gardens,
Florida
| $1.78K | +$1.77K | +40 | New |
|
|
34
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -80 | Closed |
|
HYBB Hedge Fund Activity: Q4 2022 in Review
33 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in iShares BB Rated Corporate Bond ETF (HYBB) for Q4 2022, worth a combined $345M — up 80% from $192M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HYBB positions and 1 closed out — a net gain of 9 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Stifel Financial, adding an estimated $48.3M. The largest seller was Sheets Smith Wealth Management, cutting an estimated $873K.
- 33 institutional investors held iShares BB Rated Corporate Bond ETF (HYBB) as of Q4 2022, up from 25 in Q3 2022.
- Funds reported $345M of iShares BB Rated Corporate Bond ETF stock for Q4 2022, up 80% quarter-over-quarter.
- 10 funds opened new iShares BB Rated Corporate Bond ETF positions in Q4 2022 and 1 closed out, a net change of +9 holders.
- The largest iShares BB Rated Corporate Bond ETF buyer in Q4 2022 was Stifel Financial, an estimated $48.3M added.
- The largest iShares BB Rated Corporate Bond ETF seller in Q4 2022 was Sheets Smith Wealth Management, an estimated $873K sold.
Based on aggregated 13F filings for Q4 2022.