Xtrackers USD High Yield Corporate Bond ETF
HYLB
214 hedge funds and large institutions have $2.7B invested in Xtrackers USD High Yield Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 90 increasing their positions, 62 reducing their positions, and 33 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 62
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
2% less funds holding
Funds holding: 219 → 214 (-5)
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
10.38% less ownership
Funds ownership: 94.41% → 84.03% (-10%)
13% less capital invested
Capital invested by funds: $3.1B → $2.7B (-$403M)
96% less call options, than puts
Call options by funds: $4K | Put options by funds: $96K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$72.1M |
| 2 |
RA
Rational Advisors
Huntington,
New York
|
+$36.5M |
| 3 |
SA
Stewardship Advisors
Mount Joy,
Pennsylvania
|
+$17.4M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$17M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
-$224M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$201M |
| 3 |
Goldman Sachs
New York
|
-$166M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$42.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29M |
HYLB Hedge Fund Activity: Q1 2024 in Review
214 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Xtrackers USD High Yield Corporate Bond ETF (HYLB) for Q1 2024, worth a combined $2.7B — down 13% from $3.1B a quarter earlier.
Fund positioning in HYLB was balanced in Q1 2024: 33 funds opened new positions, 33 closed out, 90 added to existing stakes and 62 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $72.1M. The largest seller was Financial Gravity Asset Management, cutting an estimated $224M.
- 214 institutional investors held Xtrackers USD High Yield Corporate Bond ETF (HYLB) as of Q1 2024, down from 219 in Q4 2023.
- Funds reported $2.7B of Xtrackers USD High Yield Corporate Bond ETF stock for Q1 2024, down 13% quarter-over-quarter.
- 33 funds opened new Xtrackers USD High Yield Corporate Bond ETF positions in Q1 2024 and 33 closed out, a net change of 0 holders.
- The largest Xtrackers USD High Yield Corporate Bond ETF buyer in Q1 2024 was Envestnet Asset Management, an estimated $72.1M added.
- The largest Xtrackers USD High Yield Corporate Bond ETF seller in Q1 2024 was Financial Gravity Asset Management, an estimated $224M sold.
Based on aggregated 13F filings for Q1 2024.