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

163 hedge funds and large institutions have $1.25B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 49 increasing their positions, 72 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

10% more capital invested

Capital invested by funds: $1.13B → $1.25B (+$116M)

2.97% more ownership

Funds ownership: 60.01%62.98% (+3%)

2% less funds holding

Funds holding: 166163 (-3)

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

32% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 72

Holders
163
Holders Change
-3
Holders Change %
-1.81%
% of All Funds
4.34%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.21%
New
25
Increased
49
Reduced
72
Closed
28
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$148M +$3.1M +34,338 +2%
FTUS
2
Flow Traders U.S.
New York
$138M +$108M +1,197,116 +412%
Allianz Asset Management
3
Allianz Asset Management
Germany
$135M -$10.5M -116,350 -7%
WIM
4
Windhaven Investment Management
Massachusetts
$110M -$8.7M -96,250 -8%
RIG
5
RiverFront Investment Group
Virginia
$109M +$45.3M +501,010 +75%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$50.3M -$4.24M -46,881 -8%
CS
7
Credit Suisse
Switzerland
$36.7M +$33.1M +366,410 +1,275%
Rafferty Asset Management
8
Rafferty Asset Management
New York
$36.1M +$35.1M +388,526 New
HIM
9
Hanlon Investment Management
New Jersey
$36.1M +$35.1M +388,318 New
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$28.2M -$46.8K -518 -0.2%
Wells Fargo
11
Wells Fargo
California
$27.4M -$51.3M -568,065 -66%
Jane Street
12
Jane Street
New York
$24.8M +$24.2M +267,205 New
RJA
13
Raymond James & Associates
Florida
$24.8M +$12.1M +134,274 +101%
BCI
14
Brinker Capital Investments
Pennsylvania
$22.5M +$6.03M +66,718 +38%
Bank of America
15
Bank of America
North Carolina
$19.8M -$5.82M -64,393 -23%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$19.3M -$16.3M -180,866 -47%
Morgan Stanley
17
Morgan Stanley
New York
$17.9M -$23.2M -256,384 -57%
BWM
18
Braver Wealth Management
Massachusetts
$16.9M +$16.5M +182,228 New
AssetMark Inc
19
AssetMark Inc
California
$15.8M +$636K +7,038 +4%
Ameriprise
20
Ameriprise
Minnesota
$15.4M -$27.6M -305,485 -65%
UBS Group
21
UBS Group
Switzerland
$15M +$354K +3,920 +2%
GIM
22
Goelzer Investment Management
Indiana
$13.2M +$589K +6,518 +5%
LPL Financial
23
LPL Financial
California
$12.5M -$11.8M -130,713 -49%
CHA
24
Cedar Hill Associates
Illinois
$11.7M +$181K +2,000 +2%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$8.96M -$13.4M -148,471 -61%

HYS Hedge Fund Activity: Q1 2016 in Review

163 of the 3,753 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 2016, worth a combined $1.25B — up 10% from $1.13B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of HYS and 25 opened new positions — a net loss of 3 holders — while 72 trimmed existing stakes and 49 added.

The largest buyer was Flow Traders U.S., adding an estimated $108M. The largest seller was Wells Fargo, cutting an estimated $51.3M.

  • 163 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q1 2016, down from 166 in Q4 2015.
  • Funds reported $1.25B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q1 2016, up 10% quarter-over-quarter.
  • 25 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q1 2016 and 28 closed out, a net change of -3 holders.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q1 2016 was Flow Traders U.S., an estimated $108M added.
  • The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q1 2016 was Wells Fargo, an estimated $51.3M sold.

Based on aggregated 13F filings for Q1 2016.