iShares iBoxx $ High Yield Corporate Bond ETF
762 hedge funds and large institutions have $23.6B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2020 Q2 according to their latest regulatory filings, with 157 funds opening new positions, 296 increasing their positions, 213 reducing their positions, and 102 closing their positions.
54% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 102
39% more repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 213
37% more capital invested
Capital invested by funds: $17.3B → $23.6B (+$6.32B)
7% more funds holding
Funds holding: 714 → 762 (+48)
6% less funds holding in top 10
Funds holding in top 10: 77 → 72 (-5)
26.94% less ownership
Funds ownership: 112.43% → 85.49% (-27%)
70% less call options, than puts
Call options by funds: $4.97B | Put options by funds: $16.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.06B |
| 2 |
Barclays
London,
United Kingdom
|
+$984M |
| 3 |
JP Morgan Chase
New York
|
+$884M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$754M |
| 5 |
Morgan Stanley
New York
|
+$684M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$649M |
| 2 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$341M |
| 3 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$310M |
| 4 |
AssetMark Inc
Concord,
California
|
-$260M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$237M |
HYG Hedge Fund Activity: Q2 2020 in Review
762 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2020, worth a combined $23.6B — up 37% from $17.3B a quarter earlier.
Buyers outnumbered sellers: 157 funds opened new HYG positions and 102 closed out — a net gain of 55 holders — while 296 added to existing stakes and 213 trimmed.
The largest buyer was BlackRock, adding an estimated $1.06B. The largest seller was State of Wisconsin Investment Board, cutting an estimated $649M.
- 762 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2020, up from 714 in Q1 2020.
- Funds reported $23.6B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2020, up 37% quarter-over-quarter.
- 157 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2020 and 102 closed out, a net change of +55 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2020 was BlackRock, an estimated $1.06B added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2020 was State of Wisconsin Investment Board, an estimated $649M sold.
Based on aggregated 13F filings for Q2 2020.