PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
218 hedge funds and large institutions have $810M invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2017 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 25 closing their positions.
80% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 25
8% more funds holding
Funds holding: 201 → 218 (+17)
6% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 66
3.19% less ownership
Funds ownership: 55.02% → 51.83% (-3.2%)
19% less capital invested
Capital invested by funds: $997M → $810M (-$187M)
39% less call options, than puts
Call options by funds: $703K | Put options by funds: $1.15M
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Value Monitoring
Menlo Park,
California
|
+$9.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.32M |
| 3 |
Renaissance Technologies
New York
|
+$6.14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$5.87M |
| 5 |
LPL Financial
San Diego,
California
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$42.4M |
| 2 |
Rafferty Asset Management
New York
|
-$42.2M |
| 3 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$28.8M |
| 4 |
Jane Street
New York
|
-$25.2M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$19.8M |
HYS Hedge Fund Activity: Q4 2017 in Review
218 of the 4,409 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 2017, worth a combined $810M — down 19% from $997M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new HYS positions and 25 closed out — a net gain of 20 holders — while 70 added to existing stakes and 66 trimmed.
The largest buyer was Value Monitoring, adding an estimated $9.1M. The largest seller was Credit Suisse, cutting an estimated $42.4M.
- 218 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q4 2017, up from 201 in Q3 2017.
- Funds reported $810M of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q4 2017, down 19% quarter-over-quarter.
- 45 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q4 2017 and 25 closed out, a net change of +20 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q4 2017 was Value Monitoring, an estimated $9.1M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q4 2017 was Credit Suisse, an estimated $42.4M sold.
Based on aggregated 13F filings for Q4 2017.