iShares iBoxx $ High Yield Corporate Bond ETF
877 hedge funds and large institutions have $18.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2022 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 284 increasing their positions, 363 reducing their positions, and 155 closing their positions.
27.25% more ownership
Funds ownership: 98.1% → 125.35% (+27%)
8% less funds holding
Funds holding: 951 → 877 (-74)
9% less capital invested
Capital invested by funds: $20.3B → $18.5B (-$1.81B)
18% less funds holding in top 10
Funds holding in top 10: 78 → 64 (-14)
22% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 363
41% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 155
81% less call options, than puts
Call options by funds: $4.96B | Put options by funds: $26.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$822M |
| 2 |
Jane Street
New York
|
+$480M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$280M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$272M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$262M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$797M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$432M |
| 3 |
AssetMark Inc
Concord,
California
|
-$344M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 5 |
Goldman Sachs
New York
|
-$223M |
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.