BlackRock Corporate High Yield Fund
150 hedge funds and large institutions have $395M invested in BlackRock Corporate High Yield Fund in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 42 reducing their positions, and 19 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
36% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 42
4% more capital invested
Capital invested by funds: $380M → $395M (+$15.2M)
1% less funds holding
Funds holding: 152 → 150 (-2)
1.93% less ownership
Funds ownership: 32.71% → 30.77% (-1.9%)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$31.3M |
| 2 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$21.5M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.19M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.02M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$32.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$15.5M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$14.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$8.91M |
| 5 |
Citigroup
New York
|
-$5.85M |
HYT Hedge Fund Activity: Q1 2019 in Review
150 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2019, worth a combined $395M — up 4% from $380M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HYT and 17 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 57 added.
The largest buyer was Eaton Vance Management, adding an estimated $31.3M. The largest seller was Oak Hill Advisors, cutting an estimated $32.8M.
- 150 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2019, down from 152 in Q4 2018.
- Funds reported $395M of BlackRock Corporate High Yield Fund stock for Q1 2019, up 4% quarter-over-quarter.
- 17 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2019 and 19 closed out, a net change of -2 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2019 was Eaton Vance Management, an estimated $31.3M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2019 was Oak Hill Advisors, an estimated $32.8M sold.
Based on aggregated 13F filings for Q1 2019.