iShares iBoxx $ High Yield Corporate Bond ETF
436 hedge funds and large institutions have $9.03B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 79 funds opening new positions, 153 increasing their positions, 152 reducing their positions, and 31 closing their positions.
155% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 31
11% more funds holding
Funds holding: 393 → 436 (+43)
4% more funds holding in top 10
Funds holding in top 10: 49 → 51 (+2)
1% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 152
0.07% less ownership
Funds ownership: 58.59% → 58.52% (-0.07%)
7% less capital invested
Capital invested by funds: $9.7B → $9.03B (-$667M)
49% less call options, than puts
Call options by funds: $288M | Put options by funds: $563M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$208M |
| 2 |
Goldman Sachs
New York
|
+$69.3M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$64.2M |
| 4 |
O
OppenheimerFunds
New York
|
+$60.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$58.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$259M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$103M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$80.9M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$78M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$51.7M |
HYG Hedge Fund Activity: Q4 2013 in Review
436 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q4 2013, worth a combined $9.03B — down 6.9% from $9.7B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new HYG positions and 31 closed out — a net gain of 48 holders — while 153 added to existing stakes and 152 trimmed.
The largest buyer was Assured Investment Management, adding an estimated $208M. The largest seller was BlackRock, cutting an estimated $259M.
- 436 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q4 2013, up from 393 in Q3 2013.
- Funds reported $9.03B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q4 2013, down 6.9% quarter-over-quarter.
- 79 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q4 2013 and 31 closed out, a net change of +48 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q4 2013 was Assured Investment Management, an estimated $208M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q4 2013 was BlackRock, an estimated $259M sold.
Based on aggregated 13F filings for Q4 2013.