PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
164 hedge funds and large institutions have $1.19B invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 66 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
1% more funds holding
Funds holding: 162 → 164 (+2)
3.72% less ownership
Funds ownership: 64.77% → 61.05% (-3.7%)
12% less capital invested
Capital invested by funds: $1.34B → $1.19B (-$154M)
18% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 66
67% less call options, than puts
Call options by funds: $239K | Put options by funds: $726K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$47.1M |
| 2 |
Rafferty Asset Management
New York
|
+$45M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$32.3M |
| 4 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$4.95M |
| 5 |
AP
AHL Partners
London,
United Kingdom
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$84M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$77.8M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$57.5M |
| 4 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$46.1M |
| 5 |
Jane Street
New York
|
-$19M |
HYS Hedge Fund Activity: Q3 2016 in Review
164 of the 3,748 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 2016, worth a combined $1.19B — down 12% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HYS positions and 13 closed out — a net gain of 5 holders — while 54 added to existing stakes and 66 trimmed.
The largest buyer was Credit Suisse, adding an estimated $47.1M. The largest seller was Virtu KCG Holdings, cutting an estimated $84M.
- 164 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q3 2016, up from 162 in Q2 2016.
- Funds reported $1.19B of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q3 2016, down 12% quarter-over-quarter.
- 18 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q3 2016 and 13 closed out, a net change of +5 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q3 2016 was Credit Suisse, an estimated $47.1M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q3 2016 was Virtu KCG Holdings, an estimated $84M sold.
Based on aggregated 13F filings for Q3 2016.