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iShares iBoxx $ High Yield Corporate Bond ETF

694 hedge funds and large institutions have $17.3B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 120 funds opening new positions, 257 increasing their positions, 229 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 120 | Existing positions closed: 87

13% more capital invested

Capital invested by funds: $15.3B → $17.3B (+$2.02B)

12% more repeat investments, than reductions

Existing positions increased: 257 | Existing positions reduced: 229

11% more funds holding in top 10

Funds holding in top 10: 6673 (+7)

3% more funds holding

Funds holding: 673694 (+21)

16.37% less ownership

Funds ownership: 127.44%111.08% (-16%)

90% less call options, than puts

Call options by funds: $2.72B | Put options by funds: $26.6B

Holders
694
Holders Change
+21
Holders Change %
+3.12%
% of All Funds
15.02%
Holding in Top 10
73
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+10.61%
% of All Funds
1.58%
New
120
Increased
257
Reduced
229
Closed
87
Calls
$2.72B
Puts
$26.6B
Net Calls
-$23.9B
Net Calls Change
-$5.52B
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.09B +$334M +3,938,425 +19%
Goldman Sachs
2
Goldman Sachs
New York
$1.8B -$738M -8,693,702 -30%
Bank of America
3
Bank of America
North Carolina
$1.19B -$52.9M -623,377 -4%
Morgan Stanley
4
Morgan Stanley
New York
$1.14B +$77.8M +916,530 +7%
Wells Fargo
5
Wells Fargo
California
$699M +$4.68M +55,104 +0.7%
Barclays
6
Barclays
United Kingdom
$503M -$404M -4,761,177 -45%
USAA
7
United Services Automobile Association
Texas
$488M +$289M +3,409,488 +152%
PP
8
Prudential plc
United Kingdom
$453M +$441M +5,193,625 +10,793%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$340M +$81.3M +957,672 +32%
AC
10
Allstate Corporation
Illinois
$336M +$310M +3,654,529 +1,554%
JP Morgan Chase
11
JP Morgan Chase
New York
$333M -$207M -2,433,329 -39%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$301M +$176M +2,068,555 +147%
CS
13
Credit Suisse
Switzerland
$285M +$182M +2,143,930 +186%
Citigroup
14
Citigroup
New York
$253M +$129M +1,513,539 +107%
Fisher Asset Management
15
Fisher Asset Management
Washington
$251M -$2.98M -35,093 -1%
N
16
Nuveen
North Carolina
$250M -$4.6M -54,123 -2%
BA
17
Bridgewater Associates
Connecticut
$246M +$38.7M +456,210 +19%
Jane Street
18
Jane Street
New York
$222M +$201M +2,363,979 +1,185%
NSLI
19
Nan Shan Life Insurance
Taiwan
$220M -$109M -1,279,079 -33%
Nomura Holdings
20
Nomura Holdings
Japan
$203M +$155M +1,824,611 +341%
AssetMark Inc
21
AssetMark Inc
California
$193M +$83.8M +987,039 +80%
FI
22
FormulaFolio Investments
Michigan
$189M -$49M -576,995 -21%
AllianceBernstein
23
AllianceBernstein
Tennessee
$177M +$173M +2,041,370 New
UBS Group
24
UBS Group
Switzerland
$154M -$93.3M -1,098,785 -38%
Ameriprise
25
Ameriprise
Minnesota
$148M +$5.52M +65,024 +4%

HYG Hedge Fund Activity: Q1 2019 in Review

694 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2019, worth a combined $17.3B — up 13% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 120 funds opened new HYG positions and 87 closed out — a net gain of 33 holders — while 257 added to existing stakes and 229 trimmed.

The largest buyer was Prudential plc, adding an estimated $441M. The largest seller was Goldman Sachs, cutting an estimated $738M.

  • 694 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2019, up from 673 in Q4 2018.
  • Funds reported $17.3B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2019, up 13% quarter-over-quarter.
  • 120 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2019 and 87 closed out, a net change of +33 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2019 was Prudential plc, an estimated $441M added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2019 was Goldman Sachs, an estimated $738M sold.

Based on aggregated 13F filings for Q1 2019.