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iShares BB Rated Corporate Bond ETF

41 hedge funds and large institutions have $322M invested in iShares BB Rated Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 5 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 5

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

31% more capital invested

Capital invested by funds: $245M → $322M (+$76.6M)

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

5% more funds holding

Funds holding: 3941 (+2)

1.02% more ownership

Funds ownership: 86.04%87.05% (+1%)

Holders
41
Holders Change
+2
Holders Change %
+5.13%
% of All Funds
0.59%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
9
Increased
20
Reduced
5
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
1
Stifel Financial
Missouri
$128M +$34.1M +740,921 +37%
BFEC
2
Benjamin F. Edwards & Company
Missouri
$83.9M +$25.7M +558,803 +45%
CIM
3
Confluence Investment Management
Missouri
$37.3M +$10.5M +228,335 +39%
APF
4
Alaska Permanent Fund
Alaska
$25.4M
Bank Julius Baer & Co
5
Bank Julius Baer & Co
Switzerland
$10.3M -$4.5M -97,752 -31%
BEI
6
Benjamin Edwards Inc
Missouri
$7.08M +$1.18M +25,726 +20%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$3.17M +$341K +7,419 +12%
Jane Street
8
Jane Street
New York
$2.81M +$1.39M +30,301 +100%
AI
9
Atria Investments
North Carolina
$2.46M +$756K +16,440 +45%
VWA
10
Visionary Wealth Advisors
Illinois
$2.3M +$912K +19,838 +66%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$2.18M +$346K +7,531 +19%
HPC
12
HM Payson & Co
Maine
$1.95M +$1.94M +42,208 New
SL
13
SWMG LLC
Texas
$1.66M +$711K +15,461 +75%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$1.45M +$625K +13,588 +76%
MERSOM
15
Municipal Employees' Retirement System of Michigan
Michigan
$1.42M
Comerica Bank
16
Comerica Bank
Texas
$1.04M +$450K +9,775 +76%
CM
17
Columbus Macro
Pennsylvania
$907K +$23.7K +516 +3%
Bank of America
18
Bank of America
North Carolina
$896K -$185K -4,019 -17%
MA
19
Mutual Advisors
Nebraska
$805K +$15.5K +338 +2%
CWS
20
Confluence Wealth Services
Pennsylvania
$776K +$772K +16,774 New
AFO
21
Arrowroot Family Office
California
$679K +$67.4K +1,465 +11%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$618K +$615K +13,372 New
NA
23
Nottingham Advisors
New York
$609K +$60.3K +1,310 +5%
SSWM
24
Sheets Smith Wealth Management
North Carolina
$579K +$27.6K +600 +5%
ZIG
25
Zuckerman Investment Group
Illinois
$543K +$17.2K +374 +3%

HYBB Hedge Fund Activity: Q1 2024 in Review

41 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in iShares BB Rated Corporate Bond ETF (HYBB) for Q1 2024, worth a combined $322M — up 31% from $245M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new HYBB positions and 7 closed out — a net gain of 2 holders — while 20 added to existing stakes and 5 trimmed.

The largest buyer was Stifel Financial, adding an estimated $34.1M. The largest seller was Bank Julius Baer & Co, cutting an estimated $4.5M.

  • 41 institutional investors held iShares BB Rated Corporate Bond ETF (HYBB) as of Q1 2024, up from 39 in Q4 2023.
  • Funds reported $322M of iShares BB Rated Corporate Bond ETF stock for Q1 2024, up 31% quarter-over-quarter.
  • 9 funds opened new iShares BB Rated Corporate Bond ETF positions in Q1 2024 and 7 closed out, a net change of +2 holders.
  • The largest iShares BB Rated Corporate Bond ETF buyer in Q1 2024 was Stifel Financial, an estimated $34.1M added.
  • The largest iShares BB Rated Corporate Bond ETF seller in Q1 2024 was Bank Julius Baer & Co, an estimated $4.5M sold.

Based on aggregated 13F filings for Q1 2024.