iShares iBoxx $ High Yield Corporate Bond ETF

HYG

Market cap $16.4B

HYG Hedge Fund Activity: Q1 2015 in Review

482 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2015, worth a combined $10.5B — up 4.7% from $10B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new HYG positions and 62 closed out — a net gain of 15 holders — while 189 added to existing stakes and 148 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $234M. The largest seller was Deutsche Bank, exiting entirely with an estimated $227M sold.

• 482 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2015, up from 471 in Q4 2014.
• Funds reported $10.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2015, up 4.7% quarter-over-quarter.
• 77 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2015 and 62 closed out, a net change of +15 holders.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2015 was Fidelity Investments, an estimated $234M added.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2015 was Deutsche Bank, an estimated $227M sold.

Based on aggregated 13F filings for Q1 2015.