PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
213 hedge funds and large institutions have $597M invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 54 increasing their positions, 85 reducing their positions, and 44 closing their positions.
6% less funds holding
Funds holding: 226 → 213 (-13)
10.71% less ownership
Funds ownership: 56.3% → 45.6% (-11%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 44
34% less capital invested
Capital invested by funds: $910M → $597M (-$313M)
36% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 85
40% less call options, than puts
Call options by funds: $390K | Put options by funds: $646K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$23.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.3M |
| 4 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$8.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$7.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$78.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$73.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$29.9M |
| 4 |
LPL Financial
San Diego,
California
|
-$16.5M |
| 5 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$15.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WP
251
WealthShield Partners
Cary,
North Carolina
| – | -$5K | -53 | Closed |
|
|
PMFA
252
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$5K | -51 | Closed |
|
|
RBA
253
Richard Bernstein Advisors
New York
| – | -$4K | -36 | Closed |
|
|
APP
254
Avantax Planning Partners
Dubuque,
Iowa
| – | -$3K | -32 | Closed |
|
|
TFS
255
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$1K | -10 | Closed |
|
256
Fidelity Investments
Boston,
Massachusetts
| – | +$98 | +1 | +100% |
|
|
M
257
MOTCO
San Antonio,
Texas
| – | +$98 | +1 | New |
|
HYS Hedge Fund Activity: Q4 2018 in Review
213 of the 4,488 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 Q4 2018, worth a combined $597M — down 34% from $910M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of HYS and 33 opened new positions — a net loss of 11 holders — while 85 trimmed existing stakes and 54 added.
The largest buyer was Jane Street, opening a new position worth an estimated $23.7M. The largest seller was Credit Suisse, cutting an estimated $78.8M.
- 213 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q4 2018, down from 226 in Q3 2018.
- Funds reported $597M of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q4 2018, down 34% quarter-over-quarter.
- 33 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q4 2018 and 44 closed out, a net change of -11 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q4 2018 was Jane Street, an estimated $23.7M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q4 2018 was Credit Suisse, an estimated $78.8M sold.
Based on aggregated 13F filings for Q4 2018.