iShares iBoxx $ High Yield Corporate Bond ETF

HYG

Market cap $16.3B

HYG Hedge Fund Activity: Q1 2023 in Review

839 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2023, worth a combined $15.3B — down 19% from $19B a quarter earlier.

Sellers outnumbered buyers: 126 funds closed out of HYG and 92 opened new positions — a net loss of 34 holders — while 345 trimmed existing stakes and 276 added.

The largest buyer was Jane Street, adding an estimated $1.29B. The largest seller was Clark Capital Management Group, exiting entirely with an estimated $2.29B sold.

• 839 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2023, down from 896 in Q4 2022.
• Funds reported $15.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2023, down 19% quarter-over-quarter.
• 92 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2023 and 126 closed out, a net change of -34 holders.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2023 was Jane Street, an estimated $1.29B added.
• The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2023 was Clark Capital Management Group, an estimated $2.29B sold.

Based on aggregated 13F filings for Q1 2023.