iShares iBoxx $ High Yield Corporate Bond ETF
431 hedge funds and large institutions have $8.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 169 increasing their positions, 173 reducing their positions, and 33 closing their positions.
1% less funds holding
Funds holding: 435 → 431 (-4)
2% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 173
3% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 33
6% less funds holding in top 10
Funds holding in top 10: 49 → 46 (-3)
43% less capital inflows, than outflows
Capital inflows: $949M | Capital outflows: $1.66B
87% less call options, than puts
Call options by funds: $177M | Put options by funds: $1.33B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$210M |
| 2 |
AB
Aozora Bank
Tokyo,
Japan
|
+$145M |
| 3 |
UBS
Zurich,
Switzerland
|
+$77.8M |
| 4 |
Barclays
London,
United Kingdom
|
+$40.8M |
| 5 |
Citigroup
New York
|
+$36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$336M |
| 2 |
JP Morgan Chase
New York
|
-$162M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$107M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$104M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$99.1M |
HYG Hedge Fund Activity: Q2 2014 in Review
431 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2014, worth a combined $8.5B — down 7.5% from $9.19B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of HYG and 32 opened new positions — a net loss of 1 holder — while 173 trimmed existing stakes and 169 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $210M. The largest seller was Goldman Sachs, cutting an estimated $336M.
- 431 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2014, down from 435 in Q1 2014.
- Funds reported $8.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2014, down 7.5% quarter-over-quarter.
- 32 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2014 and 33 closed out, a net change of -1 holder.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2014 was Fidelity Investments, an estimated $210M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2014 was Goldman Sachs, an estimated $336M sold.
Based on aggregated 13F filings for Q2 2014.