iShares iBoxx $ High Yield Corporate Bond ETF
673 hedge funds and large institutions have $15.3B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2018 Q4 according to their latest regulatory filings, with 158 funds opening new positions, 161 increasing their positions, 283 reducing their positions, and 123 closing their positions.
28% more first-time investments, than exits
New positions opened: 158 | Existing positions closed: 123
8% more funds holding in top 10
Funds holding in top 10: 61 → 66 (+5)
4% more funds holding
Funds holding: 646 → 673 (+27)
2.7% more ownership
Funds ownership: 109.48% → 112.17% (+2.7%)
8% less capital invested
Capital invested by funds: $16.6B → $15.3B (-$1.32B)
43% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 283
85% less call options, than puts
Call options by funds: $3.35B | Put options by funds: $21.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.12B |
| 2 |
Barclays
London,
United Kingdom
|
+$653M |
| 3 |
JP Morgan Chase
New York
|
+$489M |
| 4 |
MAMNY
Marathon Asset Management (New York)
New York
|
+$259M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$324M |
| 2 |
Jane Street
New York
|
-$250M |
| 3 |
Rafferty Asset Management
New York
|
-$195M |
| 4 |
AssetMark Inc
Concord,
California
|
-$183M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$154M |
HYG Hedge Fund Activity: Q4 2018 in Review
673 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q4 2018, worth a combined $15.3B — down 7.9% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 158 funds opened new HYG positions and 123 closed out — a net gain of 35 holders — while 161 added to existing stakes and 283 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.12B. The largest seller was Deutsche Bank, cutting an estimated $324M.
- 673 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q4 2018, up from 646 in Q3 2018.
- Funds reported $15.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q4 2018, down 7.9% quarter-over-quarter.
- 158 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q4 2018 and 123 closed out, a net change of +35 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q4 2018 was Goldman Sachs, an estimated $1.12B added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q4 2018 was Deutsche Bank, an estimated $324M sold.
Based on aggregated 13F filings for Q4 2018.