BlackRock Corporate High Yield Fund
140 hedge funds and large institutions have $392M invested in BlackRock Corporate High Yield Fund in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 53 increasing their positions, 36 reducing their positions, and 17 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less capital invested
Capital invested by funds: $408M → $392M (-$15.7M)
1.88% less ownership
Funds ownership: 29.25% → 27.37% (-1.9%)
5% less funds holding
Funds holding: 147 → 140 (-7)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.38M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.6M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$1.57M |
| 4 |
Cohen & Steers
New York
|
+$1.18M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$20.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13.4M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
-$6.68M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.37M |
| 5 |
HIP
HUB Investment Partners
Austin,
Texas
|
-$618K |
HYT Hedge Fund Activity: Q1 2021 in Review
140 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2021, worth a combined $392M — down 3.9% from $408M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of HYT and 14 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 53 added.
The largest buyer was Morgan Stanley, adding an estimated $8.38M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $20.7M sold.
- 140 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2021, down from 147 in Q4 2020.
- Funds reported $392M of BlackRock Corporate High Yield Fund stock for Q1 2021, down 3.9% quarter-over-quarter.
- 14 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2021 and 17 closed out, a net change of -3 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2021 was Morgan Stanley, an estimated $8.38M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2021 was JP Morgan Chase, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2021.