PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
176 hedge funds and large institutions have $2.38B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 64 increasing their positions, 73 reducing their positions, and 30 closing their positions.
5.64% less ownership
Funds ownership: 62.77% → 57.13% (-5.6%)
6% less funds holding
Funds holding: 188 → 176 (-12)
12% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 73
28% less capital invested
Capital invested by funds: $3.31B → $2.38B (-$934M)
35% less funds holding in top 10
Funds holding in top 10: 20 → 13 (-7)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24.9M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$24.1M |
| 3 |
BCM
Bluefin Capital Management
New York
|
+$19.4M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$18M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$591M |
| 2 |
AssetMark Inc
Concord,
California
|
-$81.1M |
| 3 |
CC
Curian Capital
Denver,
Colorado
|
-$57.6M |
| 4 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$33.7M |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$32.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
201
Partnervest Advisory Services
Santa Barbara,
California
| – | -$21K | -200 | Closed |
|
|
GAM
202
Gemmer Asset Management
Walnut Creek,
California
| – | -$11K | -100 | Closed |
|
|
WEC
203
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$10.7K | -100 | Closed |
|
204
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -39 | Closed |
|
|
S
205
SignatureFD
Atlanta,
Georgia
| – | -$4K | -36 | Closed |
|
|
CTC
206
Central Trust Company
Jefferson City,
Missouri
| – | -$2K | -15 | Closed |
|
HYS Hedge Fund Activity: Q3 2014 in Review
176 of the 3,446 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 Q3 2014, worth a combined $2.38B — down 28% from $3.31B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of HYS and 19 opened new positions — a net loss of 11 holders — while 73 trimmed existing stakes and 64 added.
The largest buyer was PNC Financial Services Group, adding an estimated $24.9M. The largest seller was Windhaven Investment Management, cutting an estimated $591M.
- 176 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q3 2014, down from 188 in Q2 2014.
- Funds reported $2.38B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q3 2014, down 28% quarter-over-quarter.
- 19 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q3 2014 and 30 closed out, a net change of -11 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q3 2014 was PNC Financial Services Group, an estimated $24.9M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q3 2014 was Windhaven Investment Management, an estimated $591M sold.
Based on aggregated 13F filings for Q3 2014.