iShares iBoxx $ High Yield Corporate Bond ETF
861 hedge funds and large institutions have $16.6B invested in iShares iBoxx $ High Yield Corporate Bond ETF in 2023 Q2 according to their latest regulatory filings, with 118 funds opening new positions, 296 increasing their positions, 317 reducing their positions, and 84 closing their positions.
40% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 84
9% more capital invested
Capital invested by funds: $15.3B → $16.6B (+$1.31B)
3% more funds holding
Funds holding: 838 → 861 (+23)
7% less repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 317
13% less funds holding in top 10
Funds holding in top 10: 64 → 56 (-8)
13.93% less ownership
Funds ownership: 122.39% → 108.46% (-14%)
78% less call options, than puts
Call options by funds: $4.62B | Put options by funds: $21.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$1.87B |
| 2 |
AssetMark Inc
Concord,
California
|
+$561M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$459M |
| 4 |
Goldman Sachs
New York
|
+$421M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$322M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$806M |
| 2 |
Jane Street
New York
|
-$667M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$443M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$419M |
| 5 |
Squarepoint
New York
|
-$208M |
HYG Hedge Fund Activity: Q2 2023 in Review
861 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in iShares iBoxx $ High Yield Corporate Bond ETF (HYG) for Q2 2023, worth a combined $16.6B — up 8.5% from $15.3B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new HYG positions and 84 closed out — a net gain of 34 holders — while 296 added to existing stakes and 317 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $1.87B. The largest seller was Bank of America, cutting an estimated $806M.
- 861 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2023, up from 838 in Q1 2023.
- Funds reported $16.6B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2023, up 8.5% quarter-over-quarter.
- 118 funds opened new iShares iBoxx $ High Yield Corporate Bond ETF positions in Q2 2023 and 84 closed out, a net change of +34 holders.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF buyer in Q2 2023 was Clark Capital Management Group, an estimated $1.87B added.
- The largest iShares iBoxx $ High Yield Corporate Bond ETF seller in Q2 2023 was Bank of America, an estimated $806M sold.
Based on aggregated 13F filings for Q2 2023.