PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
217 hedge funds and large institutions have $640M invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 76 increasing their positions, 82 reducing their positions, and 48 closing their positions.
6.11% more ownership
Funds ownership: 56.24% → 62.35% (+6.1%)
7% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 82
13% less funds holding
Funds holding: 248 → 217 (-31)
32% less capital invested
Capital invested by funds: $935M → $640M (-$295M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
48% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 48
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $386K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$29.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$22.4M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$12.9M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$5.49M |
| 5 |
TC
TownSquare Capital
Provo,
Utah
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$44.7M |
| 2 |
GLR
Great Lakes Retirement
Sandusky,
Ohio
|
-$35.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$23.1M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$21.7M |
| 5 |
Jane Street
New York
|
-$18.7M |
HYS Hedge Fund Activity: Q1 2020 in Review
217 of the 4,538 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 2020, worth a combined $640M — down 32% from $935M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of HYS and 25 opened new positions — a net loss of 23 holders — while 82 trimmed existing stakes and 76 added.
The largest buyer was AssetMark Inc, adding an estimated $29.1M. The largest seller was Credit Suisse, cutting an estimated $44.7M.
- 217 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q1 2020, down from 248 in Q4 2019.
- Funds reported $640M of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q1 2020, down 32% quarter-over-quarter.
- 25 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q1 2020 and 48 closed out, a net change of -23 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q1 2020 was AssetMark Inc, an estimated $29.1M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q1 2020 was Credit Suisse, an estimated $44.7M sold.
Based on aggregated 13F filings for Q1 2020.