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iShares iBoxx $ High Yield Corporate Bond ETF

457 hedge funds and large institutions have $9.1B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2015 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 162 increasing their positions, 189 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.07% more ownership

Funds ownership: 62.98%63.05% (+0.07%)

5% less funds holding

Funds holding: 482457 (-25)

13% less capital invested

Capital invested by funds: $10.5B → $9.1B (-$1.4B)

14% less repeat investments, than reductions

Existing positions increased: 162 | Existing positions reduced: 189

17% less funds holding in top 10

Funds holding in top 10: 5949 (-10)

34% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 58

81% less call options, than puts

Call options by funds: $808M | Put options by funds: $4.22B

Holders
457
Holders Change
-25
Holders Change %
-5.19%
% of All Funds
12.31%
Holding in Top 10
49
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-16.95%
% of All Funds
1.32%
New
38
Increased
162
Reduced
189
Closed
58
Calls
$808M
Puts
$4.22B
Net Calls
-$3.41B
Net Calls Change
-$2.11B
Name Holding Trade Value Shares
Change
Change in
Stake
BA
1
BlackRock Advisors
Delaware
$636M -$585M -6,466,791 -47%
Bank of America
2
Bank of America
North Carolina
$604M -$19.3M -213,034 -3%
Morgan Stanley
3
Morgan Stanley
New York
$533M +$34.7M +384,235 +7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$498M -$113M -1,248,228 -18%
JP Morgan Chase
5
JP Morgan Chase
New York
$387M +$106M +1,176,505 +37%
Goldman Sachs
6
Goldman Sachs
New York
$357M -$48.7M -539,192 -12%
BG
7
BlackRock Group
United Kingdom
$297M +$34.3M +379,198 +13%
ERSOT
8
Employees Retirement System of Texas
Texas
$284M
Wells Fargo
9
Wells Fargo
California
$266M +$40.6M +449,495 +18%
BIT
10
BlackRock Institutional Trust
California
$212M +$3.04M +33,635 +1%
Fisher Asset Management
11
Fisher Asset Management
Washington
$208M +$3.77M +41,742 +2%
AB
12
Aozora Bank
Japan
$195M +$198M +2,195,000 New
TCT
13
TIAA CREF Trust
Missouri
$189M +$12.4M +137,562 +7%
VA
14
Valmark Advisers
Ohio
$187M +$3.85M +42,628 +2%
UBS Group
15
UBS Group
Switzerland
$175M +$13.9M +154,000 +8%
BFA
16
BlackRock Fund Advisors
California
$161M +$12.7M +140,874 +8%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$156M +$15.9M +175,471 +11%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$155M +$44.9M +496,360 +40%
Tudor Investment Corp
19
Tudor Investment Corp
Connecticut
$145M +$148M +1,636,969 New
TD Asset Management
20
TD Asset Management
Ontario, Canada
$123M -$42.5M -470,219 -25%
Barclays
21
Barclays
United Kingdom
$121M -$97.9M -1,083,084 -44%
USAA
22
United Services Automobile Association
Texas
$115M +$34.8M +385,204 +43%
US Bancorp
23
US Bancorp
Minnesota
$108M -$2.35M -26,032 -2%
VOYA Investment Management
24
VOYA Investment Management
Georgia
$99.8M +$69.4M +767,665 +215%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$92.5M +$15.2M +168,146 +19%

HYG Hedge Fund Activity: Q2 2015 in Review

457 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2015, worth a combined $9.1B — down 13% from $10.5B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of HYG and 38 opened new positions — a net loss of 20 holders — while 189 trimmed existing stakes and 162 added.

The largest buyer was Aozora Bank, opening a new position worth an estimated $198M. The largest seller was BlackRock Advisors, cutting an estimated $585M.

  • 457 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2015, down from 482 in Q1 2015.
  • Funds reported $9.1B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2015, down 13% quarter-over-quarter.
  • 38 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2015 and 58 closed out, a net change of -20 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2015 was Aozora Bank, an estimated $198M added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2015 was BlackRock Advisors, an estimated $585M sold.

Based on aggregated 13F filings for Q2 2015.