iShares iBoxx $ High Yield Corporate Bond ETF

HYG

Market cap $16.9B

HYG Hedge Fund Activity: Q1 2022 in Review

877 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2022, worth a combined $18.5B — down 8.9% from $20.3B a quarter earlier.

Sellers outnumbered buyers: 155 funds closed out of HYG and 91 opened new positions — a net loss of 64 holders — while 363 trimmed existing stakes and 284 added.

The largest buyer was State of Wisconsin Investment Board, opening a new position worth an estimated $822M. The largest seller was Morgan Stanley, cutting an estimated $797M.

• 877 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2022, down from 951 in Q4 2021.
• Funds reported $18.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2022, down 8.9% quarter-over-quarter.
• 91 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2022 and 155 closed out, a net change of -64 holders.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2022 was State of Wisconsin Investment Board, an estimated $822M added.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2022 was Morgan Stanley, an estimated $797M sold.

Based on aggregated 13F filings for Q1 2022.