iShares BB Rated Corporate Bond ETF
HYBB
11 hedge funds and large institutions have $85.1M invested in iShares BB Rated Corporate Bond ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
114% more capital invested
Capital invested by funds: $39.7M → $85.1M (+$45.4M)
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
30.19% more ownership
Funds ownership: 43.2% → 73.4% (+30%)
22% more funds holding
Funds holding: 9 → 11 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
RenaissanceRe Holdings
Pembroke,
Bermuda
|
+$20.7M |
| 2 |
BlackRock
New York
|
+$15.1M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$13M |
| 4 |
NA
Nottingham Advisors
Amherst,
New York
|
+$1.36M |
| 5 |
LPL Financial
San Diego,
California
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.67M |
| 2 |
Morgan Stanley
New York
|
-$1.14M |
| 3 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
-$552K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MERSOM
1
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| $38.8M | +$13M | +251,628 | +50% |
|
|
RH
2
RenaissanceRe Holdings
Pembroke,
Bermuda
| $20.6M | +$20.7M | +400,000 | New |
|
|
3
BlackRock
New York
| $15M | +$15.1M | +291,250 | New |
|
|
4
LPL Financial
San Diego,
California
| $4.13M | +$169K | +3,257 | +4% |
|
|
5
Jane Street
New York
| $2.45M | -$2.67M | -51,638 | -52% |
|
|
NA
6
Nottingham Advisors
Amherst,
New York
| $1.76M | +$1.36M | +26,342 | +336% |
|
|
7
Morgan Stanley
New York
| $1.44M | -$1.14M | -22,000 | -44% |
|
8
Envestnet Asset Management
Chicago,
Illinois
| $441K | +$40.8K | +788 | +10% |
|
|
RJA
9
Raymond James & Associates
St Petersburg,
Florida
| $426K | -$5.64K | -109 | -1% |
|
|
GRP
10
Global Retirement Partners
San Rafael,
California
| $36K | +$1.6K | +31 | +5% |
|
|
CB
11
Community Bank
Dewitt,
New York
| $19K | +$19.2K | +370 | New |
|
|
HWA
12
HCR Wealth Advisors
Los Angeles,
California
| – | -$552K | -4,600 | Closed |
|
HYBB Hedge Fund Activity: Q1 2021 in Review
11 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in iShares BB Rated Corporate Bond ETF (HYBB) for Q1 2021, worth a combined $85.1M — up 114% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new HYBB positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was RenaissanceRe Holdings, opening a new position worth an estimated $20.7M. The largest seller was Jane Street, cutting an estimated $2.67M.
- 11 institutional investors held iShares BB Rated Corporate Bond ETF (HYBB) as of Q1 2021, up from 9 in Q4 2020.
- Funds reported $85.1M of iShares BB Rated Corporate Bond ETF stock for Q1 2021, up 114% quarter-over-quarter.
- 3 funds opened new iShares BB Rated Corporate Bond ETF positions in Q1 2021 and 1 closed out, a net change of +2 holders.
- The largest iShares BB Rated Corporate Bond ETF buyer in Q1 2021 was RenaissanceRe Holdings, an estimated $20.7M added.
- The largest iShares BB Rated Corporate Bond ETF seller in Q1 2021 was Jane Street, an estimated $2.67M sold.
Based on aggregated 13F filings for Q1 2021.