iShares iBoxx $ High Yield Corporate Bond ETF
929 hedge funds and large institutions have $20.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2023 Q4 according to their latest regulatory filings, with 180 funds opening new positions, 303 increasing their positions, 316 reducing their positions, and 93 closing their positions.
94% more first-time investments, than exits
New positions opened: 180 | Existing positions closed: 93
33% more funds holding in top 10
Funds holding in top 10: 58 → 77 (+19)
14% more capital invested
Capital invested by funds: $18.1B → $20.5B (+$2.47B)
9% more funds holding
Funds holding: 852 → 929 (+77)
4% less repeat investments, than reductions
Existing positions increased: 303 | Existing positions reduced: 316
25.83% less ownership
Funds ownership: 133.65% → 107.82% (-26%)
76% less call options, than puts
Call options by funds: $8.54B | Put options by funds: $35.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$771M |
| 2 |
Morgan Stanley
New York
|
+$670M |
| 3 |
JP Morgan Chase
New York
|
+$417M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$270M |
| 5 |
BlackRock
New York
|
+$256M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.5B |
| 2 |
Jane Street
New York
|
-$565M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$324M |
| 4 |
Barclays
London,
United Kingdom
|
-$323M |
| 5 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$188M |
HYG Hedge Fund Activity: Q4 2023 in Review
929 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q4 2023, worth a combined $20.5B — up 14% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 180 funds opened new HYG positions and 93 closed out — a net gain of 87 holders — while 303 added to existing stakes and 316 trimmed.
The largest buyer was Clark Capital Management Group, adding an estimated $771M. The largest seller was Goldman Sachs, cutting an estimated $1.5B.
- 929 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q4 2023, up from 852 in Q3 2023.
- Funds reported $20.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q4 2023, up 14% quarter-over-quarter.
- 180 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q4 2023 and 93 closed out, a net change of +87 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q4 2023 was Clark Capital Management Group, an estimated $771M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q4 2023 was Goldman Sachs, an estimated $1.5B sold.
Based on aggregated 13F filings for Q4 2023.