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iShares iBoxx $ High Yield Corporate Bond ETF

640 hedge funds and large institutions have $15.9B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2018 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 211 increasing their positions, 258 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 57

20% more capital invested

Capital invested by funds: $13.3B → $15.9B (+$2.61B)

10.9% more ownership

Funds ownership: 97.95%108.84% (+11%)

9% more funds holding in top 10

Funds holding in top 10: 5762 (+5)

1% more funds holding

Funds holding: 633640 (+7)

18% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 258

73% less call options, than puts

Call options by funds: $2.88B | Put options by funds: $10.7B

Holders
640
Holders Change
+7
Holders Change %
+1.11%
% of All Funds
14.65%
Holding in Top 10
62
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+8.77%
% of All Funds
1.42%
New
70
Increased
211
Reduced
258
Closed
57
Calls
$2.88B
Puts
$10.7B
Net Calls
-$7.79B
Net Calls Change
-$2.21B
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$2.53B +$1.31B +15,314,373 +106%
BlackRock
2
BlackRock
New York
$1.68B +$53.9M +629,153 +3%
Bank of America
3
Bank of America
North Carolina
$1.09B -$104M -1,215,603 -9%
Morgan Stanley
4
Morgan Stanley
New York
$996M +$353M +4,117,298 +54%
Wells Fargo
5
Wells Fargo
California
$829M +$183M +2,133,731 +28%
Deutsche Bank
6
Deutsche Bank
Germany
$559M -$294M -3,429,879 -34%
BAM
7
BTS Asset Management
Massachusetts
$326M +$328M +3,823,681 New
NSLI
8
Nan Shan Life Insurance
Taiwan
$326M -$51.2M -598,224 -14%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$324M +$35.3M +412,595 +12%
TF
10
TIAA FSB
Florida
$273M -$20.2M -235,417 -7%
AssetMark Inc
11
AssetMark Inc
California
$264M +$40.5M +472,982 +18%
Fisher Asset Management
12
Fisher Asset Management
Washington
$258M -$990K -11,562 -0.4%
FI
13
FormulaFolio Investments
Michigan
$226M +$71.3M +832,364 +46%
BA
14
Bridgewater Associates
Connecticut
$214M
Ameriprise
15
Ameriprise
Minnesota
$188M +$9.79M +114,255 +5%
JP Morgan Chase
16
JP Morgan Chase
New York
$181M +$164M +1,917,510 +909%
UBS Group
17
UBS Group
Switzerland
$160M -$181M -2,116,072 -53%
BNP Paribas Financial Markets
18
BNP Paribas Financial Markets
France
$148M +$72.4M +844,937 +94%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$146M +$18.2M +213,000 +14%
TA
20
Teachers Advisors
New York
$134M +$135M +1,576,301 New
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$134M -$122M -1,423,941 -48%
USAA
22
United Services Automobile Association
Texas
$127M +$56.5M +659,844 +79%
CCMG
23
Clark Capital Management Group
Pennsylvania
$122M +$10.2M +118,544 +9%
LMGAM
24
Liberty Mutual Group Asset Management
Massachusetts
$120M +$6.05M +70,650 +5%
SHIP
25
Stone Harbor Investment Partners
New York
$120M +$121M +1,407,247 New

HYG Hedge Fund Activity: Q2 2018 in Review

640 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2018, worth a combined $15.9B — up 20% from $13.3B a quarter earlier.

Buyers outnumbered sellers: 70 funds opened new HYG positions and 57 closed out — a net gain of 13 holders — while 211 added to existing stakes and 258 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $1.31B. The largest seller was Deutsche Bank, cutting an estimated $294M.

  • 640 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2018, up from 633 in Q1 2018.
  • Funds reported $15.9B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2018, up 20% quarter-over-quarter.
  • 70 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2018 and 57 closed out, a net change of +13 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2018 was Goldman Sachs, an estimated $1.31B added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2018 was Deutsche Bank, an estimated $294M sold.

Based on aggregated 13F filings for Q2 2018.