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iShares iBoxx $ High Yield Corporate Bond ETF

482 hedge funds and large institutions have $10.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2015 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 189 increasing their positions, 148 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 189 | Existing positions reduced: 148

26% more funds holding in top 10

Funds holding in top 10: 4759 (+12)

24% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 62

2% more funds holding

Funds holding: 471482 (+11)

5% more capital invested

Capital invested by funds: $10B → $10.5B (+$466M)

3.11% less ownership

Funds ownership: 66.09%62.98% (-3.1%)

67% less call options, than puts

Call options by funds: $629M | Put options by funds: $1.93B

Holders
482
Holders Change
+11
Holders Change %
+2.34%
% of All Funds
12.85%
Holding in Top 10
59
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+25.53%
% of All Funds
1.57%
New
77
Increased
189
Reduced
148
Closed
62
Calls
$629M
Puts
$1.93B
Net Calls
-$1.3B
Net Calls Change
-$398M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
1
BlackRock Advisors
Delaware
$1.24B +$119M +1,315,813 +11%
Bank of America
2
Bank of America
North Carolina
$635M +$31.7M +350,324 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$621M +$234M +2,581,556 +60%
Morgan Stanley
4
Morgan Stanley
New York
$509M +$35.6M +393,615 +8%
Goldman Sachs
5
Goldman Sachs
New York
$413M +$67.8M +749,741 +20%
ERSOT
6
Employees Retirement System of Texas
Texas
$290M
JP Morgan Chase
7
JP Morgan Chase
New York
$289M -$106M -1,172,013 -27%
BG
8
BlackRock Group
United Kingdom
$269M +$68.3M +754,565 +34%
Wells Fargo
9
Wells Fargo
California
$231M +$90.7M +1,002,524 +65%
Barclays
10
Barclays
United Kingdom
$221M -$41.4M -457,785 -16%
BIT
11
BlackRock Institutional Trust
California
$213M +$81.3M +899,034 +62%
Fisher Asset Management
12
Fisher Asset Management
Washington
$208M +$5.55M +61,350 +3%
VA
13
Valmark Advisers
Ohio
$187M +$688K +7,603 +0.4%
TCT
14
TIAA CREF Trust
Missouri
$180M +$10.6M +116,741 +6%
Franklin Resources
15
Franklin Resources
California
$177M -$88.1M -973,835 -33%
TD Asset Management
16
TD Asset Management
Ontario, Canada
$168M +$76.2M +841,955 +83%
UBS Group
17
UBS Group
Switzerland
$165M -$14.1M -155,358 -8%
BFA
18
BlackRock Fund Advisors
California
$151M -$10.9M -120,004 -7%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$143M +$70.3M +777,355 +97%
NSLI
20
Nan Shan Life Insurance
Taiwan
$122M +$122M +1,346,658 New
Rafferty Asset Management
21
Rafferty Asset Management
New York
$115M +$110M +1,217,512 +2,302%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$114M +$84M +928,374 +285%
US Bancorp
23
US Bancorp
Minnesota
$112M -$8.62M -95,334 -7%
AC
24
Allstate Corporation
Illinois
$108M +$52.2M +576,900 +94%
ACM
25
Aviance Capital Management
Florida
$97.6M +$46.5M +514,580 +92%

HYG Hedge Fund Activity: Q1 2015 in Review

482 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2015, worth a combined $10.5B — up 4.7% from $10B a quarter earlier.

Buyers outnumbered sellers: 77 funds opened new HYG positions and 62 closed out — a net gain of 15 holders — while 189 added to existing stakes and 148 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $234M. The largest seller was Deutsche Bank, exiting entirely with an estimated $227M sold.

  • 482 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2015, up from 471 in Q4 2014.
  • Funds reported $10.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2015, up 4.7% quarter-over-quarter.
  • 77 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2015 and 62 closed out, a net change of +15 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2015 was Fidelity Investments, an estimated $234M added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2015 was Deutsche Bank, an estimated $227M sold.

Based on aggregated 13F filings for Q1 2015.