iShares iBoxx $ High Yield Corporate Bond ETF
679 hedge funds and large institutions have $17B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2019 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 260 increasing their positions, 257 reducing their positions, and 80 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 257
2% less capital invested
Capital invested by funds: $17.3B → $17B (-$277M)
8% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 80
2% less funds holding
Funds holding: 694 → 679 (-15)
11% less funds holding in top 10
Funds holding in top 10: 73 → 65 (-8)
11.28% less ownership
Funds ownership: 111.08% → 99.8% (-11%)
80% less call options, than puts
Call options by funds: $4.25B | Put options by funds: $20.9B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$562M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$467M |
| 3 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$365M |
| 4 |
SG Americas Securities
New York
|
+$293M |
| 5 |
Barclays
London,
United Kingdom
|
+$272M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$613M |
| 2 |
Goldman Sachs
New York
|
-$503M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$451M |
| 4 |
Morgan Stanley
New York
|
-$392M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$371M |
HYG Hedge Fund Activity: Q2 2019 in Review
679 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2019, worth a combined $17B — down 1.6% from $17.3B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of HYG and 74 opened new positions — a net loss of 6 holders — while 257 trimmed existing stakes and 260 added.
The largest buyer was JP Morgan Chase, adding an estimated $562M. The largest seller was BlackRock, cutting an estimated $613M.
- 679 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2019, down from 694 in Q1 2019.
- Funds reported $17B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2019, down 1.6% quarter-over-quarter.
- 74 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2019 and 80 closed out, a net change of -6 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2019 was JP Morgan Chase, an estimated $562M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2019 was BlackRock, an estimated $613M sold.
Based on aggregated 13F filings for Q2 2019.