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iShares iBoxx $ High Yield Corporate Bond ETF

782 hedge funds and large institutions have $23B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2020 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 336 increasing their positions, 220 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 336 | Existing positions reduced: 220

33% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 78

4% more funds holding in top 10

Funds holding in top 10: 7275 (+3)

2.93% more ownership

Funds ownership: 85.49%88.42% (+2.9%)

3% more funds holding

Funds holding: 762782 (+20)

2% less capital invested

Capital invested by funds: $23.6B → $23B (-$582M)

73% less call options, than puts

Call options by funds: $5.35B | Put options by funds: $20B

Holders
782
Holders Change
+20
Holders Change %
+2.62%
% of All Funds
15.78%
Holding in Top 10
75
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+4.17%
% of All Funds
1.51%
New
104
Increased
336
Reduced
220
Closed
78
Calls
$5.35B
Puts
$20B
Net Calls
-$14.7B
Net Calls Change
-$3.24B
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$3.19B +$1.09B +12,919,604 +52%
Goldman Sachs
2
Goldman Sachs
New York
$1.59B -$398M -4,725,850 -20%
Morgan Stanley
3
Morgan Stanley
New York
$1.56B +$36.1M +429,040 +2%
TD Asset Management
4
TD Asset Management
Ontario, Canada
$1.43B -$139M -1,654,328 -9%
Bank of America
5
Bank of America
North Carolina
$1.25B -$187M -2,221,692 -13%
Wells Fargo
6
Wells Fargo
California
$940M -$23.2M -275,843 -2%
Citigroup
7
Citigroup
New York
$789M +$402M +4,777,140 +103%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$640M -$29.8M -354,455 -4%
JP Morgan Chase
9
JP Morgan Chase
New York
$463M -$488M -5,796,512 -51%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$462M +$116M +1,377,619 +33%
AC
11
Allstate Corporation
Illinois
$432M +$39.6M +470,901 +10%
State of Wisconsin Investment Board
12
State of Wisconsin Investment Board
Wisconsin
$399M -$145M -1,726,000 -27%
Bank of Montreal
13
Bank of Montreal
Ontario, Canada
$344M +$25.8M +306,164 +8%
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$341M +$56.1M +666,452 +20%
Prudential Financial
15
Prudential Financial
New Jersey
$326M -$462M -5,492,832 -59%
APF
16
Alaska Permanent Fund
Alaska
$317M -$8.42M -100,000 -3%
GC
17
Guggenheim Capital
Illinois
$276M -$151M -1,799,264 -35%
Fisher Asset Management
18
Fisher Asset Management
Washington
$229M -$7.39M -87,837 -3%
AssetMark Inc
19
AssetMark Inc
California
$228M +$191M +2,263,925 +494%
NSLI
20
Nan Shan Life Insurance
Taiwan
$219M
CCMG
21
Clark Capital Management Group
Pennsylvania
$211M +$211M +2,505,327 +31,725%
MAMNY
22
Marathon Asset Management (New York)
New York
$203M -$50.8M -603,820 -20%
CS
23
Credit Suisse
Switzerland
$196M +$144M +1,707,364 +270%
LPL Financial
24
LPL Financial
California
$186M -$6.51M -77,364 -3%
SG Americas Securities
25
SG Americas Securities
New York
$182M -$168M -1,993,435 -48%

HYG Hedge Fund Activity: Q3 2020 in Review

782 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q3 2020, worth a combined $23B — down 2.5% from $23.6B a quarter earlier.

Buyers outnumbered sellers: 104 funds opened new HYG positions and 78 closed out — a net gain of 26 holders — while 336 added to existing stakes and 220 trimmed.

The largest buyer was BlackRock, adding an estimated $1.09B. The largest seller was Barclays, cutting an estimated $1.51B.

  • 782 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q3 2020, up from 762 in Q2 2020.
  • Funds reported $23B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q3 2020, down 2.5% quarter-over-quarter.
  • 104 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q3 2020 and 78 closed out, a net change of +26 holders.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q3 2020 was BlackRock, an estimated $1.09B added.
  • The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q3 2020 was Barclays, an estimated $1.51B sold.

Based on aggregated 13F filings for Q3 2020.