iShares BB Rated Corporate Bond ETF
HYBB
56 hedge funds and large institutions have $399M invested in iShares BB Rated Corporate Bond ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
112% more capital invested
Capital invested by funds: $188M → $399M (+$211M)
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
14.02% more ownership
Funds ownership: 66.08% → 80.1% (+14%)
10% more funds holding
Funds holding: 51 → 56 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$101M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$68.6M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$20.5M |
| 4 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$16.5M |
| 5 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$7.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5M |
| 2 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$1.82M |
| 3 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
-$801K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$362K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$353K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $12.5K | +$235 | +5 | +2% |
|
|
KFP
52
Kerr Financial Planning
Fresno,
California
| $12.2K | +$94 | +2 | +0.8% |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | -$3.58K | -76 | -28% |
|
|
SEP
54
Signature Equity Partners
Columbus,
Ohio
| $7.54K | +$7.53K | +160 | New |
|
55
Wells Fargo
San Francisco,
California
| $6.46K | +$1.37K | +29 | +27% |
|
56
Fidelity Investments
Boston,
Massachusetts
| $4.8K | +$4.14K | +88 | +629% |
|
|
CCMI
57
Creative Capital Management Investments
San Diego,
California
| $189 | – | – | – |
|
|
MERSOM
58
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$1.82M | -38,566 | Closed |
|
59
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$236K | -4,985 | Closed |
|
|
PS
60
Principal Securities
Des Moines,
Iowa
| – | -$22K | -465 | Closed |
|
|
ASN
61
Advisory Services Network
Atlanta,
Georgia
| – | -$5.34K | -113 | Closed |
|
HYBB Hedge Fund Activity: Q4 2025 in Review
56 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in iShares BB Rated Corporate Bond ETF (HYBB) for Q4 2025, worth a combined $399M — up 112% from $188M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new HYBB positions and 4 closed out — a net gain of 5 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Ohio Public Employees Retirement System (OPERS), opening a new position worth an estimated $101M. The largest seller was Morgan Stanley, cutting an estimated $5M.
- 56 institutional investors held iShares BB Rated Corporate Bond ETF (HYBB) as of Q4 2025, up from 51 in Q3 2025.
- Funds reported $399M of iShares BB Rated Corporate Bond ETF stock for Q4 2025, up 112% quarter-over-quarter.
- 9 funds opened new iShares BB Rated Corporate Bond ETF positions in Q4 2025 and 4 closed out, a net change of +5 holders.
- The largest iShares BB Rated Corporate Bond ETF buyer in Q4 2025 was Ohio Public Employees Retirement System (OPERS), an estimated $101M added.
- The largest iShares BB Rated Corporate Bond ETF seller in Q4 2025 was Morgan Stanley, an estimated $5M sold.
Based on aggregated 13F filings for Q4 2025.