PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
227 hedge funds and large institutions have $659M invested in PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 74 increasing their positions, 83 reducing their positions, and 20 closing their positions.
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
3% more funds holding
Funds holding: 221 → 227 (+6)
7.37% less ownership
Funds ownership: 66.81% → 59.43% (-7.4%)
11% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 83
22% less capital invested
Capital invested by funds: $849M → $659M (-$191M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$18.4M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$17.4M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$11.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$9.41M |
| 5 |
Man Group
London,
United Kingdom
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$141M |
| 2 |
CM
Cercano Management
Bellevue,
Washington
|
-$66.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$27.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$15.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$15.2M |
HYS Hedge Fund Activity: Q2 2023 in Review
227 of the 6,383 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 2023, worth a combined $659M — down 22% from $849M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new HYS positions and 20 closed out — a net gain of 11 holders — while 74 added to existing stakes and 83 trimmed.
The largest buyer was Ocean Park Asset Management, opening a new position worth an estimated $18.4M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $141M sold.
- 227 institutional investors held PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (HYS) as of Q2 2023, up from 221 in Q1 2023.
- Funds reported $659M of PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund stock for Q2 2023, down 22% quarter-over-quarter.
- 31 funds opened new PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund positions in Q2 2023 and 20 closed out, a net change of +11 holders.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund buyer in Q2 2023 was Ocean Park Asset Management, an estimated $18.4M added.
- The largest PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund seller in Q2 2023 was JP Morgan Chase, an estimated $141M sold.
Based on aggregated 13F filings for Q2 2023.