iShares iBoxx $ High Yield Corporate Bond ETF
885 hedge funds and large institutions have $25.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2020 Q4 according to their latest regulatory filings, with 188 funds opening new positions, 365 increasing their positions, 223 reducing their positions, and 73 closing their positions.
158% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 73
64% more repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 223
15% more funds holding in top 10
Funds holding in top 10: 75 → 86 (+11)
13% more funds holding
Funds holding: 782 → 885 (+103)
11.01% more ownership
Funds ownership: 88.42% → 99.43% (+11%)
11% more capital invested
Capital invested by funds: $23B → $25.5B (+$2.48B)
65% less call options, than puts
Call options by funds: $7.39B | Put options by funds: $20.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
+$856M |
| 2 |
Morgan Stanley
New York
|
+$775M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$351M |
| 4 |
Jane Street
New York
|
+$348M |
| 5 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$308M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$714M |
| 2 |
BlackRock
New York
|
-$456M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$335M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$299M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$292M |
HYG Hedge Fund Activity: Q4 2020 in Review
885 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q4 2020, worth a combined $25.5B — up 11% from $23B a quarter earlier.
Buyers outnumbered sellers: 188 funds opened new HYG positions and 73 closed out — a net gain of 115 holders — while 365 added to existing stakes and 223 trimmed.
The largest buyer was Moore Capital Management, opening a new position worth an estimated $856M. The largest seller was Bank of America, cutting an estimated $714M.
- 885 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q4 2020, up from 782 in Q3 2020.
- Funds reported $25.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q4 2020, up 11% quarter-over-quarter.
- 188 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q4 2020 and 73 closed out, a net change of +115 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q4 2020 was Moore Capital Management, an estimated $856M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q4 2020 was Bank of America, an estimated $714M sold.
Based on aggregated 13F filings for Q4 2020.