iShares Interest Rate Hedged High Yield Bond ETF
HYGH
35 hedge funds and large institutions have $236M invested in iShares Interest Rate Hedged High Yield Bond ETF in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
161% more capital invested
Capital invested by funds: $90.5M → $236M (+$146M)
35% more funds holding
Funds holding: 26 → 35 (+9)
14.63% more ownership
Funds ownership: 73.74% → 88.37% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$102M |
| 2 |
RBA
Richard Bernstein Advisors
New York
|
+$28.1M |
| 3 |
Jane Street
New York
|
+$5.44M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.3M |
| 5 |
DBRC
D.B. Root & Company
Pittsburgh,
Pennsylvania
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$885K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$243K |
| 3 |
JP Morgan Chase
New York
|
-$117K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$62K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$12.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $13K | +$2.92K | +32 | +29% |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $13K | +$13K | +142 | New |
|
|
IFAM
28
Institutional & Family Asset Management
Fort Collins,
Colorado
| $12K | +$12.3K | +135 | New |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| $10K | +$10K | +110 | New |
|
|
CPA
30
Clear Perspective Advisors
Aurora,
Illinois
| $9K | – | – | – |
|
|
IWM
31
IHT Wealth Management
Chicago,
Illinois
| $8K | – | – | – |
|
|
AIM
32
Advantage Investment Management
Cedar Rapids,
Iowa
| $7K | – | – | – |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
34
AssetMark Inc
Concord,
California
| $4K | – | – | – |
|
|
35
MML Investors Services
Springfield,
Massachusetts
| – | -$243K | -2,677 | Closed |
|
|
FAAS
36
First Allied Advisory Services
San Diego,
California
| – | -$62K | -687 | Closed |
|
HYGH Hedge Fund Activity: Q1 2018 in Review
35 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iShares Interest Rate Hedged High Yield Bond ETF (HYGH) for Q1 2018, worth a combined $236M — up 161% from $90.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HYGH positions and 2 closed out — a net gain of 10 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $102M. The largest seller was UBS Group, cutting an estimated $885K.
- 35 institutional investors held iShares Interest Rate Hedged High Yield Bond ETF (HYGH) as of Q1 2018, up from 26 in Q4 2017.
- Funds reported $236M of iShares Interest Rate Hedged High Yield Bond ETF stock for Q1 2018, up 161% quarter-over-quarter.
- 12 funds opened new iShares Interest Rate Hedged High Yield Bond ETF positions in Q1 2018 and 2 closed out, a net change of +10 holders.
- The largest iShares Interest Rate Hedged High Yield Bond ETF buyer in Q1 2018 was Bank of America, an estimated $102M added.
- The largest iShares Interest Rate Hedged High Yield Bond ETF seller in Q1 2018 was UBS Group, an estimated $885K sold.
Based on aggregated 13F filings for Q1 2018.