iShares iBoxx $ High Yield Corporate Bond ETF

HYG

Market cap $16.9B

HYG Hedge Fund Activity: Q2 2015 in Review

457 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2015, worth a combined $9.1B — down 13% from $10.5B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of HYG and 38 opened new positions — a net loss of 20 holders — while 189 trimmed existing stakes and 162 added.

The largest buyer was Aozora Bank, opening a new position worth an estimated $198M. The largest seller was BlackRock Advisors, cutting an estimated $585M.

• 457 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2015, down from 482 in Q1 2015.
• Funds reported $9.1B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2015, down 13% quarter-over-quarter.
• 38 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2015 and 58 closed out, a net change of -20 holders.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2015 was Aozora Bank, an estimated $198M added.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2015 was BlackRock Advisors, an estimated $585M sold.

Based on aggregated 13F filings for Q2 2015.