iShares iBoxx $ High Yield Corporate Bond ETF
684 hedge funds and large institutions have $14.8B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2017 Q4 according to their latest regulatory filings, with 145 funds opening new positions, 241 increasing their positions, 220 reducing their positions, and 49 closing their positions.
196% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 49
15% more funds holding
Funds holding: 594 → 684 (+90)
10% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 220
2.06% less ownership
Funds ownership: 84.81% → 82.75% (-2.1%)
4% less funds holding in top 10
Funds holding in top 10: 76 → 73 (-3)
9% less capital invested
Capital invested by funds: $16.3B → $14.8B (-$1.48B)
60% less call options, than puts
Call options by funds: $3.64B | Put options by funds: $9.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$170M |
| 2 |
Barclays
London,
United Kingdom
|
+$167M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$149M |
| 4 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$117M |
| 5 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$94.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
-$855M |
| 2 |
TIAAOA
Teachers Insurance & Annuity Association of America
New York
|
-$403M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$209M |
| 4 |
GLI
Guardian Life Insurance
New York
|
-$178M |
| 5 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$128M |
HYG Hedge Fund Activity: Q4 2017 in Review
684 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q4 2017, worth a combined $14.8B — down 9.1% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 145 funds opened new HYG positions and 49 closed out — a net gain of 96 holders — while 241 added to existing stakes and 220 trimmed.
The largest buyer was Mitsubishi UFJ Trust & Banking, adding an estimated $170M. The largest seller was Harvard Management Company, exiting entirely with an estimated $855M sold.
- 684 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q4 2017, up from 594 in Q3 2017.
- Funds reported $14.8B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q4 2017, down 9.1% quarter-over-quarter.
- 145 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q4 2017 and 49 closed out, a net change of +96 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q4 2017 was Mitsubishi UFJ Trust & Banking, an estimated $170M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q4 2017 was Harvard Management Company, an estimated $855M sold.
Based on aggregated 13F filings for Q4 2017.