BlackRock Corporate High Yield Fund
140 hedge funds and large institutions have $378M invested in BlackRock Corporate High Yield Fund in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 46 increasing their positions, 44 reducing their positions, and 13 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 44
0.65% less ownership
Funds ownership: 26.06% → 25.41% (-0.65%)
3% less capital invested
Capital invested by funds: $391M → $378M (-$13.5M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 142 → 140 (-2)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.93M |
| 2 |
Morgan Stanley
New York
|
+$1.65M |
| 3 |
WANY
Wealthspire Advisors (New York)
New York
|
+$1.39M |
| 4 |
CFP
Curran Financial Partners
Daniel Island,
South Carolina
|
+$603K |
| 5 |
CWM
Circle Wealth Management
Summit,
New Jersey
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$2.41M |
| 2 |
BFS
Bickling Financial Services
Lexington,
Massachusetts
|
-$2.22M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.84M |
| 4 |
HC
HNP Capital
Rochester,
New York
|
-$1.77M |
| 5 |
VRM
Vectors Research Management
New York
|
-$1.73M |
HYT Hedge Fund Activity: Q3 2021 in Review
140 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2021, worth a combined $378M — down 3.4% from $391M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of HYT and 12 opened new positions — a net loss of 1 holder — while 44 trimmed existing stakes and 46 added.
The largest buyer was Penserra Capital Management, adding an estimated $3.93M. The largest seller was McGowan Group Asset Management, cutting an estimated $2.41M.
- 140 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2021, down from 142 in Q2 2021.
- Funds reported $378M of BlackRock Corporate High Yield Fund stock for Q3 2021, down 3.4% quarter-over-quarter.
- 12 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2021 and 13 closed out, a net change of -1 holder.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2021 was Penserra Capital Management, an estimated $3.93M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2021 was McGowan Group Asset Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q3 2021.