iShares iBoxx $ High Yield Corporate Bond ETF
876 hedge funds and large institutions have $18.5B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2022 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 284 increasing their positions, 361 reducing their positions, and 156 closing their positions.
27.34% more ownership
Funds ownership: 98.02% → 125.37% (+27%)
8% less funds holding
Funds holding: 950 → 876 (-74)
9% less capital invested
Capital invested by funds: $20.3B → $18.5B (-$1.78B)
17% less funds holding in top 10
Funds holding in top 10: 77 → 64 (-13)
21% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 361
41% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 156
81% less call options, than puts
Call options by funds: $4.96B | Put options by funds: $26.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$822M |
| 2 |
Jane Street
New York
|
+$480M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$280M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$272M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$262M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$797M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$432M |
| 3 |
AssetMark Inc
Concord,
California
|
-$344M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$269M |
| 5 |
Goldman Sachs
New York
|
-$223M |
HYG Hedge Fund Activity: Q1 2022 in Review
876 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q1 2022, worth a combined $18.5B — down 8.8% from $20.3B a quarter earlier.
Sellers outnumbered buyers: 156 funds closed out of HYG and 92 opened new positions — a net loss of 64 holders — while 361 trimmed existing stakes and 284 added.
The largest buyer was State of Wisconsin Investment Board, opening a new position worth an estimated $822M. The largest seller was Morgan Stanley, cutting an estimated $797M.
- 876 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q1 2022, down from 950 in Q4 2021.
- Funds reported $18.5B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q1 2022, down 8.8% quarter-over-quarter.
- 92 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q1 2022 and 156 closed out, a net change of -64 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q1 2022 was State of Wisconsin Investment Board, an estimated $822M added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q1 2022 was Morgan Stanley, an estimated $797M sold.
Based on aggregated 13F filings for Q1 2022.