PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
176 hedge funds and large institutions have $2.29B 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.
6% less funds holding
Funds holding: 188 → 176 (-12)
12% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 73
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
82% less capital inflows, than outflows
Capital inflows: $185M | Capital outflows: $1.04B
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 |
WBI Investments
Red Bank,
New Jersey
|
+$18M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Windhaven Investment Management
Boston,
Massachusetts
|
-$591M |
| 2 |
AssetMark Inc
Concord,
California
|
-$81.1M |
| 3 |
Curian Capital
Denver,
Colorado
|
-$57.6M |
| 4 |
Weatherstone Capital Management
Denver,
Colorado
|
-$33.7M |
| 5 |
Baird
Milwaukee,
Wisconsin
|
-$32.1M |
HYS Hedge Fund Activity: Q3 2014 in Review
176 of the 3,455 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 $2.29B — down 29% from $3.23B 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 $2.29B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q3 2014, down 29% 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.