iShares iBoxx $ High Yield Corporate Bond ETF
910 hedge funds and large institutions have $18.9B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 337 increasing their positions, 329 reducing their positions, and 99 closing their positions.
7.17% more ownership
Funds ownership: 107.82% → 114.99% (+7.2%)
2% more repeat investments, than reductions
Existing positions increased: 337 | Existing positions reduced: 329
5% less first-time investments, than exits
New positions opened: 94 | Existing positions closed: 99
2% less funds holding
Funds holding: 929 → 910 (-19)
5% less funds holding in top 10
Funds holding in top 10: 77 → 73 (-4)
8% less capital invested
Capital invested by funds: $20.5B → $18.9B (-$1.64B)
67% less call options, than puts
Call options by funds: $9.26B | Put options by funds: $28B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$399M |
| 2 |
JP Morgan Chase
New York
|
+$345M |
| 3 |
Citigroup
New York
|
+$259M |
| 4 |
Jane Street
New York
|
+$186M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$786M |
| 2 |
Goldman Sachs
New York
|
-$542M |
| 3 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$257M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$243M |
| 5 |
IL
Investure LLC
Charlottesville,
Virginia
|
-$213M |
HYG Hedge Fund Activity: Q1 2024 in Review
910 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2024, worth a combined $18.9B — down 8% from $20.5B a quarter earlier.
Sellers outnumbered buyers: 99 funds closed out of HYG and 94 opened new positions — a net loss of 5 holders — while 329 trimmed existing stakes and 337 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $399M. The largest seller was Morgan Stanley, cutting an estimated $786M.
- 910 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2024, down from 929 in Q4 2023.
- Funds reported $18.9B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2024, down 8% quarter-over-quarter.
- 94 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2024 and 99 closed out, a net change of -5 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2024 was BNP Paribas Financial Markets, an estimated $399M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2024 was Morgan Stanley, an estimated $786M sold.
Based on aggregated 13F filings for Q1 2024.