PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
245 hedge funds and large institutions have $1.27B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2021 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 95 increasing their positions, 70 reducing their positions, and 30 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
36% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 70
0% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 30
2% less funds holding
Funds holding: 250 → 245 (-5)
7.43% less ownership
Funds ownership: 73.64% → 66.21% (-7.4%)
7% less capital invested
Capital invested by funds: $1.37B → $1.27B (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$15.6M |
| 2 |
MWM
MinichMacGregor Wealth Management
Saratoga Springs,
New York
|
+$10.7M |
| 3 |
Morgan Stanley
New York
|
+$8.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.68M |
| 5 |
RBA
Richard Bernstein Advisors
New York
|
+$6.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$129M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$28.1M |
| 3 |
Jane Street
New York
|
-$16.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.56M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.37M |
HYS Hedge Fund Activity: Q1 2021 in Review
245 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) for Q1 2021, worth a combined $1.27B — down 7.5% from $1.37B a quarter earlier.
Fund positioning in HYS was balanced in Q1 2021: 30 funds opened new positions, 30 closed out, 95 added to existing stakes and 70 trimmed.
The largest buyer was Financial Management Professionals, adding an estimated $15.6M. The largest seller was JP Morgan Chase, cutting an estimated $129M.
- 245 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q1 2021, down from 250 in Q4 2020.
- Funds reported $1.27B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q1 2021, down 7.5% quarter-over-quarter.
- 30 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q1 2021 and 30 closed out, a net change of 0 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q1 2021 was Financial Management Professionals, an estimated $15.6M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q1 2021 was JP Morgan Chase, an estimated $129M sold.
Based on aggregated 13F filings for Q1 2021.