iShares Interest Rate Hedged High Yield Bond ETF
HYGH
40 hedge funds and large institutions have $315M invested in iShares Interest Rate Hedged High Yield Bond ETF in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 9 closing their positions.
17% more capital invested
Capital invested by funds: $270M → $315M (+$45.5M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
3.84% more ownership
Funds ownership: 79.44% → 83.28% (+3.8%)
3% more funds holding
Funds holding: 39 → 40 (+1)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$19.4M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$12.9M |
| 3 |
NAM
NorthCoast Asset Management
Greenwich,
Connecticut
|
+$9.17M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
+$5.37M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$8.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.25M |
| 3 |
PI
PFS Investments
Duluth,
Georgia
|
-$2.85M |
| 4 |
VF
Virtu Financial
New York
|
-$2.71M |
| 5 |
Jane Street
New York
|
-$773K |
HYGH Hedge Fund Activity: Q3 2018 in Review
40 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in iShares Interest Rate Hedged High Yield Bond ETF (HYGH) for Q3 2018, worth a combined $315M — up 17% from $270M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new HYGH positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $19.4M. The largest seller was Horizon Investments, exiting entirely with an estimated $8.7M sold.
- 40 institutional investors held iShares Interest Rate Hedged High Yield Bond ETF (HYGH) as of Q3 2018, up from 39 in Q2 2018.
- Funds reported $315M of iShares Interest Rate Hedged High Yield Bond ETF stock for Q3 2018, up 17% quarter-over-quarter.
- 10 funds opened new iShares Interest Rate Hedged High Yield Bond ETF positions in Q3 2018 and 9 closed out, a net change of +1 holder.
- The largest iShares Interest Rate Hedged High Yield Bond ETF buyer in Q3 2018 was Bank of America, an estimated $19.4M added.
- The largest iShares Interest Rate Hedged High Yield Bond ETF seller in Q3 2018 was Horizon Investments, an estimated $8.7M sold.
Based on aggregated 13F filings for Q3 2018.