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PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund

166 hedge funds and large institutions have $1.13B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 67 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.93% more ownership

Funds ownership: 56.08%60.01% (+3.9%)

5% less funds holding

Funds holding: 174166 (-8)

12% less capital invested

Capital invested by funds: $1.29B → $1.13B (-$155M)

13% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 32

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

25% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 67

Holders
166
Holders Change
-8
Holders Change %
-4.6%
% of All Funds
4.35%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.16%
New
28
Increased
50
Reduced
67
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$143M -$14.8M -156,100 -9%
CSIA
2
Charles Schwab Investment Advisory
California
$143M +$5.28M +55,886 +4%
WIM
3
Windhaven Investment Management
Massachusetts
$117M -$12.9M -135,979 -10%
Wells Fargo
4
Wells Fargo
California
$79M +$12.6M +133,164 +18%
RIG
5
RiverFront Investment Group
Virginia
$61.1M -$1.25M -13,240 -2%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$53.8M -$16.8M -177,492 -23%
Ameriprise
7
Ameriprise
Minnesota
$43.1M -$2.91M -30,813 -6%
Morgan Stanley
8
Morgan Stanley
New York
$41.1M -$1.94M -20,499 -4%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$35.6M +$2.03M +21,521 +6%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$27.8M +$1.74M +18,389 +6%
FTUS
11
Flow Traders U.S.
New York
$26.6M +$27.4M +289,788 +35,340%
Bank of America
12
Bank of America
North Carolina
$25.4M -$25.3M -267,532 -49%
LPL Financial
13
LPL Financial
California
$24.4M +$12.5M +131,953 +98%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$22.4M +$13.2M +140,150 +134%
BCI
15
Brinker Capital Investments
Pennsylvania
$16.1M -$2.43M -25,705 -13%
AssetMark Inc
16
AssetMark Inc
California
$15M -$4.38M -46,336 -22%
UBS Group
17
UBS Group
Switzerland
$14.5M -$7.4M -78,266 -33%
GIM
18
Goelzer Investment Management
Indiana
$12.4M +$2.14M +22,611 +20%
RJA
19
Raymond James & Associates
Florida
$12.2M -$866K -9,162 -6%
Goldman Sachs
20
Goldman Sachs
New York
$11.8M +$12.2M +129,060 New
BCMO
21
Buckingham Capital Management (Ohio)
Ohio
$11.8M -$4.04M -42,770 -25%
CHA
22
Cedar Hill Associates
Illinois
$11.3M -$425K -4,500 -4%
PA
23
Pinnacle Associates
New York
$8.92M -$519K -5,489 -5%
AC
24
AFAM Capital
Texas
$8.34M -$1.42M -15,069 -14%
CASB
25
Cape Ann Savings Bank
Massachusetts
$7.68M +$522K +5,523 +7%

HYS Hedge Fund Activity: Q4 2015 in Review

166 of the 3,812 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 2015, worth a combined $1.13B — down 12% from $1.29B a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of HYS and 28 opened new positions — a net loss of 4 holders — while 67 trimmed existing stakes and 50 added.

The largest buyer was Flow Traders U.S., adding an estimated $27.4M. The largest seller was Bank of America, cutting an estimated $25.3M.

  • 166 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q4 2015, down from 174 in Q3 2015.
  • Funds reported $1.13B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q4 2015, down 12% quarter-over-quarter.
  • 28 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q4 2015 and 32 closed out, a net change of -4 holders.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q4 2015 was Flow Traders U.S., an estimated $27.4M added.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q4 2015 was Bank of America, an estimated $25.3M sold.

Based on aggregated 13F filings for Q4 2015.