iShares iBoxx $ High Yield Corporate Bond ETF
665 hedge funds and large institutions have $17.7B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2019 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 268 increasing their positions, 230 reducing their positions, and 84 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 230
1.28% more ownership
Funds ownership: 100.2% → 101.48% (+1.3%)
4% more capital invested
Capital invested by funds: $17.1B → $17.7B (+$632M)
2% less funds holding in top 10
Funds holding in top 10: 65 → 64 (-1)
2% less funds holding
Funds holding: 679 → 665 (-14)
12% less first-time investments, than exits
New positions opened: 74 | Existing positions closed: 84
78% less call options, than puts
Call options by funds: $4.23B | Put options by funds: $19B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$525M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$371M |
| 3 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$359M |
| 4 |
D.E. Shaw & Co
New York
|
+$309M |
| 5 |
Jane Street
New York
|
+$254M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$471M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$467M |
| 3 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$172M |
| 4 |
SG Americas Securities
New York
|
-$151M |
| 5 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$140M |
HYG Hedge Fund Activity: Q3 2019 in Review
665 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q3 2019, worth a combined $17.7B — up 3.7% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of HYG and 74 opened new positions — a net loss of 10 holders — while 230 trimmed existing stakes and 268 added.
The largest buyer was Goldman Sachs, adding an estimated $525M. The largest seller was JP Morgan Chase, cutting an estimated $471M.
- 665 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q3 2019, down from 679 in Q2 2019.
- Funds reported $17.7B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q3 2019, up 3.7% quarter-over-quarter.
- 74 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q3 2019 and 84 closed out, a net change of -10 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q3 2019 was Goldman Sachs, an estimated $525M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q3 2019 was JP Morgan Chase, an estimated $471M sold.
Based on aggregated 13F filings for Q3 2019.