iShares iBoxx $ High Yield Corporate Bond ETF
393 hedge funds and large institutions have $9.7B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2013 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 139 increasing their positions, 156 reducing their positions, and 47 closing their positions.
32% more funds holding in top 10
Funds holding in top 10: 37 → 49 (+12)
27% more capital invested
Capital invested by funds: $7.65B → $9.7B (+$2.05B)
23% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 47
3.05% more ownership
Funds ownership: 55.54% → 58.59% (+3.1%)
2% more funds holding
Funds holding: 386 → 393 (+7)
11% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 156
20% less call options, than puts
Call options by funds: $536M | Put options by funds: $671M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$249M |
| 2 |
AB
Aozora Bank
Tokyo,
Japan
|
+$199M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$198M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$187M |
| 5 |
Citigroup
New York
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$298M |
| 2 |
Goldman Sachs
New York
|
-$112M |
| 3 |
LPL Financial
San Diego,
California
|
-$91.8M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$90.8M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$64.6M |
HYG Hedge Fund Activity: Q3 2013 in Review
393 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q3 2013, worth a combined $9.7B — up 27% from $7.65B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new HYG positions and 47 closed out — a net gain of 11 holders — while 139 added to existing stakes and 156 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $249M. The largest seller was BlackRock, cutting an estimated $298M.
- 393 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q3 2013, up from 386 in Q2 2013.
- Funds reported $9.7B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q3 2013, up 27% quarter-over-quarter.
- 58 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q3 2013 and 47 closed out, a net change of +11 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q3 2013 was BlackRock Advisors, an estimated $249M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q3 2013 was BlackRock, an estimated $298M sold.
Based on aggregated 13F filings for Q3 2013.