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iShares iBoxx $ High Yield Corporate Bond ETF

497 hedge funds and large institutions have $13.1B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2016 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 179 increasing their positions, 184 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more funds holding in top 10

Funds holding in top 10: 5273 (+21)

21% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 68

13% more capital invested

Capital invested by funds: $11.5B → $13.1B (+$1.53B)

2% more funds holding

Funds holding: 487497 (+10)

0.35% less ownership

Funds ownership: 77.22%76.87% (-0.35%)

3% less repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 184

54% less call options, than puts

Call options by funds: $1.48B | Put options by funds: $3.22B

Holders
497
Holders Change
+10
Holders Change %
+2.05%
% of All Funds
13.24%
Holding in Top 10
73
Holding in Top 10 Change
+21
Holding in Top 10 Change %
+40.38%
% of All Funds
1.95%
New
82
Increased
179
Reduced
184
Closed
68
Calls
$1.48B
Puts
$3.22B
Net Calls
-$1.74B
Net Calls Change
-$96.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BA
1
BlackRock Advisors
Delaware
$1.31B +$463M +5,827,028 +57%
Wells Fargo
2
Wells Fargo
California
$645M +$317M +3,996,614 +103%
Franklin Resources
3
Franklin Resources
California
$482M +$167M +2,099,165 +55%
Grantham, Mayo, Van Otterloo & Co (GMO)
4
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$475M +$461M +5,810,632 New
Morgan Stanley
5
Morgan Stanley
New York
$446M -$126M -1,590,257 -23%
Bank of America
6
Bank of America
North Carolina
$401M -$43.8M -551,368 -10%
ERSOT
7
Employees Retirement System of Texas
Texas
$370M
NSLI
8
Nan Shan Life Insurance
Taiwan
$322M +$9.69M +122,000 +3%
Goldman Sachs
9
Goldman Sachs
New York
$296M -$558M -7,032,330 -66%
BG
10
BlackRock Group
United Kingdom
$284M -$3.18M -40,008 -1%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$271M -$21.8M -274,049 -8%
BIT
12
BlackRock Institutional Trust
California
$241M +$127M +1,599,043 +118%
HIM
13
Hanlon Investment Management
New Jersey
$227M +$15M +188,387 +7%
JP Morgan Chase
14
JP Morgan Chase
New York
$223M -$269M -3,392,349 -55%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$222M +$77.6M +977,093 +56%
Fisher Asset Management
16
Fisher Asset Management
Washington
$212M +$14.5M +182,989 +8%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$201M +$56.3M +709,300 +41%
TCT
18
TIAA CREF Trust
Missouri
$196M -$5.41M -68,130 -3%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$173M +$54.2M +682,951 +47%
Jane Street
20
Jane Street
New York
$168M +$163M +2,052,373 New
VA
21
Valmark Advisers
Ohio
$167M -$902K -11,356 -0.6%
AB
22
Aozora Bank
Japan
$161M -$17.5M -220,000 -10%
SAM
23
Sentinel Asset Management
Vermont
$155M +$151M +1,899,990 New
YCMGA
24
York Capital Management Global Advisors
New York
$154M +$150M +1,885,555 New
Barclays
25
Barclays
United Kingdom
$149M -$37.6M -473,839 -21%

HYG Hedge Fund Activity: Q1 2016 in Review

497 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2016, worth a combined $13.1B — up 13% from $11.5B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new HYG positions and 68 closed out — a net gain of 14 holders — while 179 added to existing stakes and 184 trimmed.

The largest buyer was BlackRock Advisors, adding an estimated $463M. The largest seller was Goldman Sachs, cutting an estimated $558M.

  • 497 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2016, up from 487 in Q4 2015.
  • Funds reported $13.1B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2016, up 13% quarter-over-quarter.
  • 82 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2016 and 68 closed out, a net change of +14 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2016 was BlackRock Advisors, an estimated $463M added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2016 was Goldman Sachs, an estimated $558M sold.

Based on aggregated 13F filings for Q1 2016.