BlackRock Corporate High Yield Fund
132 hedge funds and large institutions have $432M invested in BlackRock Corporate High Yield Fund in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 30 reducing their positions, and 10 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
60% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 30
8% more funds holding
Funds holding: 122 → 132 (+10)
2% more capital invested
Capital invested by funds: $423M → $432M (+$9.47M)
0.4% more ownership
Funds ownership: 29.45% → 29.85% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.23M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.49M |
| 3 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$3.45M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.83M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.83M |
| 2 |
AMH
Apollo Management Holdings
New York
|
-$5.97M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.57M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$3.53M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.96M |
HYT Hedge Fund Activity: Q1 2017 in Review
132 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2017, worth a combined $432M — up 2.2% from $423M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new HYT positions and 10 closed out — a net gain of 11 holders — while 48 added to existing stakes and 30 trimmed.
The largest buyer was UBS Group, adding an estimated $9.23M. The largest seller was Morgan Stanley, cutting an estimated $6.83M.
- 132 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2017, up from 122 in Q4 2016.
- Funds reported $432M of BlackRock Corporate High Yield Fund stock for Q1 2017, up 2.2% quarter-over-quarter.
- 21 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2017 and 10 closed out, a net change of +11 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2017 was UBS Group, an estimated $9.23M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2017 was Morgan Stanley, an estimated $6.83M sold.
Based on aggregated 13F filings for Q1 2017.