iShares Interest Rate Hedged High Yield Bond ETF
HYGH
48 hedge funds and large institutions have $136M invested in iShares Interest Rate Hedged High Yield Bond ETF in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
20% more funds holding
Funds holding: 40 → 48 (+8)
14.9% less ownership
Funds ownership: 83.28% → 68.37% (-15%)
57% less capital invested
Capital invested by funds: $315M → $136M (-$179M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.93M |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$4.85M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$3.76M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$128M |
| 2 |
RBA
Richard Bernstein Advisors
New York
|
-$39.2M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$13M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.58M |
| 5 |
VWM
Venturi Wealth Management
Austin,
Texas
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
Telemus Capital
Southfield,
Michigan
| – | -$937K | -10,145 | Closed |
|
|
PCM
52
Price Capital Management
Lafayette,
Louisiana
| – | -$277K | -3,000 | Closed |
|
|
IFAM
53
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$12K | -135 | Closed |
|
54
William Blair & Company
Chicago,
Illinois
| – | -$8K | -92 | Closed |
|
|
S
55
SignatureFD
Atlanta,
Georgia
| – | -$7K | -80 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$89 | +1 | New |
|
HYGH Hedge Fund Activity: Q4 2018 in Review
48 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in iShares Interest Rate Hedged High Yield Bond ETF (HYGH) for Q4 2018, worth a combined $136M — down 57% from $315M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new HYGH positions and 9 closed out — a net gain of 8 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.93M. The largest seller was Bank of America, cutting an estimated $128M.
- 48 institutional investors held iShares Interest Rate Hedged High Yield Bond ETF (HYGH) as of Q4 2018, up from 40 in Q3 2018.
- Funds reported $136M of iShares Interest Rate Hedged High Yield Bond ETF stock for Q4 2018, down 57% quarter-over-quarter.
- 17 funds opened new iShares Interest Rate Hedged High Yield Bond ETF positions in Q4 2018 and 9 closed out, a net change of +8 holders.
- The largest iShares Interest Rate Hedged High Yield Bond ETF buyer in Q4 2018 was Jane Street, an estimated $4.93M added.
- The largest iShares Interest Rate Hedged High Yield Bond ETF seller in Q4 2018 was Bank of America, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2018.