iShares iBoxx $ High Yield Corporate Bond ETF
435 hedge funds and large institutions have $9.22B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2014 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 195 increasing their positions, 135 reducing their positions, and 44 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 135
9.5% more ownership
Funds ownership: 58.52% → 68.02% (+9.5%)
2% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 44
2% more capital invested
Capital invested by funds: $9.03B → $9.22B (+$186M)
0% less funds holding
Funds holding: 436 → 435 (-1)
4% less funds holding in top 10
Funds holding in top 10: 51 → 49 (-2)
55% less call options, than puts
Call options by funds: $497M | Put options by funds: $1.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$325M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$109M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$62.3M |
| 4 |
Barclays
London,
United Kingdom
|
+$62M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$256M |
| 2 |
JP Morgan Chase
New York
|
-$157M |
| 3 |
SCM
Saba Capital Management
New York
|
-$101M |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$97.4M |
| 5 |
O
OppenheimerFunds
New York
|
-$60.8M |
HYG Hedge Fund Activity: Q1 2014 in Review
435 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2014, worth a combined $9.22B — up 2.1% from $9.03B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new HYG positions and 44 closed out — a net gain of 1 holder — while 195 added to existing stakes and 135 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $325M. The largest seller was Assured Investment Management, exiting entirely with an estimated $256M sold.
- 435 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2014, down from 436 in Q4 2013.
- Funds reported $9.22B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2014, up 2.1% quarter-over-quarter.
- 45 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2014 and 44 closed out, a net change of +1 holder.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2014 was Goldman Sachs, an estimated $325M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2014 was Assured Investment Management, an estimated $256M sold.
Based on aggregated 13F filings for Q1 2014.