iShares BB Rated Corporate Bond ETF
HYBB
16 hedge funds and large institutions have $44.2M invested in iShares BB Rated Corporate Bond ETF in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
11.1% less ownership
Funds ownership: 71.78% → 60.69% (-11%)
24% less funds holding
Funds holding: 21 → 16 (-5)
36% less capital invested
Capital invested by funds: $68.8M → $44.2M (-$24.6M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boston Financial Management
Boston,
Massachusetts
|
+$2.53M |
| 2 |
NA
Nottingham Advisors
Amherst,
New York
|
+$1.43M |
| 3 |
CB
Community Bank
Dewitt,
New York
|
+$1.21M |
| 4 |
Jane Street
New York
|
+$352K |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
RenaissanceRe Holdings
Pembroke,
Bermuda
|
-$20.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.91M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$747K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$476K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$355K |
HYBB Hedge Fund Activity: Q1 2022 in Review
16 of the 6,361 institutional investors tracked by Wall St. Rank reported a position in iShares BB Rated Corporate Bond ETF (HYBB) for Q1 2022, worth a combined $44.2M — down 36% from $68.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of HYBB and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Boston Financial Management, adding an estimated $2.53M. The largest seller was RenaissanceRe Holdings, exiting entirely with an estimated $20.7M sold.
- 16 institutional investors held iShares BB Rated Corporate Bond ETF (HYBB) as of Q1 2022, down from 21 in Q4 2021.
- Funds reported $44.2M of iShares BB Rated Corporate Bond ETF stock for Q1 2022, down 36% quarter-over-quarter.
- 2 funds opened new iShares BB Rated Corporate Bond ETF positions in Q1 2022 and 6 closed out, a net change of -4 holders.
- The largest iShares BB Rated Corporate Bond ETF buyer in Q1 2022 was Boston Financial Management, an estimated $2.53M added.
- The largest iShares BB Rated Corporate Bond ETF seller in Q1 2022 was RenaissanceRe Holdings, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2022.