iShares iBoxx $ High Yield Corporate Bond ETF

HYG

Market cap $16.9B

HYG Hedge Fund Activity: Q2 2023 in Review

862 of the 6,369 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 8.6% 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 295 added to existing stakes and 319 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.

• 862 institutional investors held iShares iBoxx $ High Yield Corporate Bond ETF (HYG) as of Q2 2023, up from 839 in Q1 2023.
• Funds reported $16.6B of iShares iBoxx $ High Yield Corporate Bond ETF stock for Q2 2023, up 8.6% 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.