BlackRock Corporate High Yield Fund
105 hedge funds and large institutions have $387M invested in BlackRock Corporate High Yield Fund in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 32 reducing their positions, and 15 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 32
10.39% more ownership
Funds ownership: 22.72% → 33.11% (+10%)
9% more capital invested
Capital invested by funds: $353M → $387M (+$33.6M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less funds holding
Funds holding: 110 → 105 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$123M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$29.3M |
| 3 |
TAM
Third Avenue Management
New York
|
+$5.29M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.93M |
| 5 |
Morgan Stanley
New York
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$4.06M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.55M |
| 3 |
EML
Eos Management LP
New York
|
-$2.25M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.08M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.79M |
HYT Hedge Fund Activity: Q3 2014 in Review
105 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2014, worth a combined $387M — up 9.5% from $353M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of HYT and 10 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 37 added.
The largest buyer was Eaton Vance Management, adding an estimated $123M. The largest seller was Aegon USA Investment Management, exiting entirely with an estimated $4.06M sold.
- 105 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2014, down from 110 in Q2 2014.
- Funds reported $387M of BlackRock Corporate High Yield Fund stock for Q3 2014, up 9.5% quarter-over-quarter.
- 10 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2014 and 15 closed out, a net change of -5 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2014 was Eaton Vance Management, an estimated $123M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2014 was Aegon USA Investment Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q3 2014.