PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
229 hedge funds and large institutions have $753M invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2019 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 68 increasing their positions, 86 reducing their positions, and 41 closing their positions.
6.75% less ownership
Funds ownership: 58.13% → 51.38% (-6.8%)
9% less funds holding
Funds holding: 251 → 229 (-22)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 86
25% less capital invested
Capital invested by funds: $1.01B → $753M (-$253M)
41% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 41
60% less call options, than puts
Call options by funds: $211K | Put options by funds: $522K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$18.8M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$16.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 4 |
CWM
Connecticut Wealth Management
Farmington,
Connecticut
|
+$5.47M |
| 5 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$4.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$123M |
| 2 |
AssetMark Inc
Concord,
California
|
-$30.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$24M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$22M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$18.8M |
HYS Hedge Fund Activity: Q2 2019 in Review
229 of the 4,604 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 Q2 2019, worth a combined $753M — down 25% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of HYS and 24 opened new positions — a net loss of 17 holders — while 86 trimmed existing stakes and 68 added.
The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $18.8M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $123M sold.
- 229 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q2 2019, down from 251 in Q1 2019.
- Funds reported $753M of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q2 2019, down 25% quarter-over-quarter.
- 24 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q2 2019 and 41 closed out, a net change of -17 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q2 2019 was Mercer Global Advisors, an estimated $18.8M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q2 2019 was Charles Schwab Investment Advisory, an estimated $123M sold.
Based on aggregated 13F filings for Q2 2019.