iShares High Yield Systematic Bond ETF
HYDB
244 hedge funds and large institutions have $1.3B invested in iShares High Yield Systematic Bond ETF in 2025 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 135 increasing their positions, 55 reducing their positions, and 27 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 55
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
37% more capital invested
Capital invested by funds: $948M → $1.3B (+$355M)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
2% more funds holding
Funds holding: 239 → 244 (+5)
0.12% less ownership
Funds ownership: 80.15% → 80.03% (-0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
RenaissanceRe Holdings
Pembroke,
Bermuda
|
+$239M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$117M |
| 3 |
SPG
Strategic Planning Group
Bountiful,
Utah
|
+$21.6M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$8.33M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$5.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$30.8M |
| 2 |
KIM
Kestra Investment Management
Austin,
Texas
|
-$18.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$13.5M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$7.56M |
| 5 |
Jane Street
New York
|
-$6.35M |
HYDB Hedge Fund Activity: Q1 2025 in Review
244 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in iShares High Yield Systematic Bond ETF (HYDB) for Q1 2025, worth a combined $1.3B — up 37% from $948M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new HYDB positions and 27 closed out — a net gain of 11 holders — while 135 added to existing stakes and 55 trimmed.
The largest buyer was RenaissanceRe Holdings, opening a new position worth an estimated $239M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $30.8M.
- 244 institutional investors held iShares High Yield Systematic Bond ETF (HYDB) as of Q1 2025, up from 239 in Q4 2024.
- Funds reported $1.3B of iShares High Yield Systematic Bond ETF stock for Q1 2025, up 37% quarter-over-quarter.
- 38 funds opened new iShares High Yield Systematic Bond ETF positions in Q1 2025 and 27 closed out, a net change of +11 holders.
- The largest iShares High Yield Systematic Bond ETF buyer in Q1 2025 was RenaissanceRe Holdings, an estimated $239M added.
- The largest iShares High Yield Systematic Bond ETF seller in Q1 2025 was State of New Jersey Common Pension Fund D, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2025.