iShares iBoxx $ High Yield Corporate Bond ETF
633 hedge funds and large institutions have $13.3B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2018 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 227 increasing their positions, 259 reducing their positions, and 108 closing their positions.
15.19% more ownership
Funds ownership: 82.75% → 97.95% (+15%)
7% less funds holding
Funds holding: 684 → 633 (-51)
10% less capital invested
Capital invested by funds: $14.8B → $13.3B (-$1.51B)
12% less repeat investments, than reductions
Existing positions increased: 227 | Existing positions reduced: 259
22% less funds holding in top 10
Funds holding in top 10: 73 → 57 (-16)
40% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 108
65% less call options, than puts
Call options by funds: $2.97B | Put options by funds: $8.54B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$852M |
| 2 |
Goldman Sachs
New York
|
+$783M |
| 3 |
Morgan Stanley
New York
|
+$167M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$126M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$125M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$561M |
| 2 |
DILIC
Dai-ichi Life Insurance Company
Tokyo,
Japan
|
-$264M |
| 3 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$236M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$217M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$203M |
HYG Hedge Fund Activity: Q1 2018 in Review
633 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2018, worth a combined $13.3B — down 10% from $14.8B a quarter earlier.
Sellers outnumbered buyers: 108 funds closed out of HYG and 65 opened new positions — a net loss of 43 holders — while 259 trimmed existing stakes and 227 added.
The largest buyer was Deutsche Bank, adding an estimated $852M. The largest seller was BlackRock, cutting an estimated $561M.
- 633 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2018, down from 684 in Q4 2017.
- Funds reported $13.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2018, down 10% quarter-over-quarter.
- 65 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2018 and 108 closed out, a net change of -43 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2018 was Deutsche Bank, an estimated $852M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2018 was BlackRock, an estimated $561M sold.
Based on aggregated 13F filings for Q1 2018.