BlackRock Corporate High Yield Fund
116 hedge funds and large institutions have $416M invested in BlackRock Corporate High Yield Fund in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 33
4% more funds holding
Funds holding: 112 → 116 (+4)
1% less capital invested
Capital invested by funds: $420M → $416M (-$4.31M)
8.86% less ownership
Funds ownership: 38.23% → 29.37% (-8.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.44M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$4.35M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.73M |
| 4 |
Citigroup
New York
|
+$2.79M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$131M |
| 2 |
SCM
Saba Capital Management
New York
|
-$9.55M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.49M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.49M |
| 5 |
SG Americas Securities
New York
|
-$3.25M |
HYT Hedge Fund Activity: Q1 2015 in Review
116 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2015, worth a combined $416M — down 1% from $420M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new HYT positions and 13 closed out — a net gain of 6 holders — while 38 added to existing stakes and 33 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.44M. The largest seller was Capital Investment Advisors, cutting an estimated $131M.
- 116 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2015, up from 112 in Q4 2014.
- Funds reported $416M of BlackRock Corporate High Yield Fund stock for Q1 2015, down 1% quarter-over-quarter.
- 19 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2015 and 13 closed out, a net change of +6 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2015 was Rivernorth Capital Management, an estimated $6.44M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2015 was Capital Investment Advisors, an estimated $131M sold.
Based on aggregated 13F filings for Q1 2015.