iShares iBoxx $ High Yield Corporate Bond ETF
694 hedge funds and large institutions have $17.3B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 257 increasing their positions, 229 reducing their positions, and 87 closing their positions.
38% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 87
13% more capital invested
Capital invested by funds: $15.3B → $17.3B (+$2.02B)
12% more repeat investments, than reductions
Existing positions increased: 257 | Existing positions reduced: 229
11% more funds holding in top 10
Funds holding in top 10: 66 → 73 (+7)
3% more funds holding
Funds holding: 673 → 694 (+21)
16.37% less ownership
Funds ownership: 127.44% → 111.08% (-16%)
90% less call options, than puts
Call options by funds: $2.72B | Put options by funds: $26.6B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$441M |
| 2 |
BlackRock
New York
|
+$334M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$310M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$289M |
| 5 |
Jane Street
New York
|
+$201M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$738M |
| 2 |
Barclays
London,
United Kingdom
|
-$404M |
| 3 |
TF
TIAA FSB
Jacksonville,
Florida
|
-$257M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$212M |
| 5 |
JP Morgan Chase
New York
|
-$207M |
HYG Hedge Fund Activity: Q1 2019 in Review
694 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2019, worth a combined $17.3B — up 13% from $15.3B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new HYG positions and 87 closed out — a net gain of 33 holders — while 257 added to existing stakes and 229 trimmed.
The largest buyer was Prudential plc, adding an estimated $441M. The largest seller was Goldman Sachs, cutting an estimated $738M.
- 694 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2019, up from 673 in Q4 2018.
- Funds reported $17.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2019, up 13% quarter-over-quarter.
- 120 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2019 and 87 closed out, a net change of +33 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2019 was Prudential plc, an estimated $441M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2019 was Goldman Sachs, an estimated $738M sold.
Based on aggregated 13F filings for Q1 2019.