iShares iBoxx $ High Yield Corporate Bond ETF
520 hedge funds and large institutions have $13.2B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 232 increasing their positions, 151 reducing their positions, and 57 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 151
44% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 57
10.22% more ownership
Funds ownership: 76.99% → 87.21% (+10%)
4% more funds holding
Funds holding: 499 → 520 (+21)
0% more capital invested
Capital invested by funds: $13.1B → $13.2B (+$48M)
7% less funds holding in top 10
Funds holding in top 10: 73 → 68 (-5)
68% less call options, than puts
Call options by funds: $1.77B | Put options by funds: $5.45B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$617M |
| 2 |
Goldman Sachs
New York
|
+$580M |
| 3 |
Morgan Stanley
New York
|
+$289M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$266M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$669M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$475M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$280M |
| 4 |
Jane Street
New York
|
-$165M |
| 5 |
YCMGA
York Capital Management Global Advisors
New York
|
-$154M |
HYG Hedge Fund Activity: Q2 2016 in Review
520 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2016, worth a combined $13.2B — up 0.37% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new HYG positions and 57 closed out — a net gain of 25 holders — while 232 added to existing stakes and 151 trimmed.
The largest buyer was Bank of America, adding an estimated $617M. The largest seller was BlackRock Advisors, cutting an estimated $669M.
- 520 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2016, up from 499 in Q1 2016.
- Funds reported $13.2B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2016, up 0.37% quarter-over-quarter.
- 82 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2016 and 57 closed out, a net change of +25 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2016 was Bank of America, an estimated $617M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2016 was BlackRock Advisors, an estimated $669M sold.
Based on aggregated 13F filings for Q2 2016.