BlackRock Corporate High Yield Fund
140 hedge funds and large institutions have $426M invested in BlackRock Corporate High Yield Fund in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 45 reducing their positions, and 12 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 45
1.94% less ownership
Funds ownership: 33.67% → 31.74% (-1.9%)
2% less funds holding
Funds holding: 143 → 140 (-3)
6% less capital invested
Capital invested by funds: $452M → $426M (-$26.6M)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.28M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.23M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.14M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$1.07M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$31.3M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.58M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$752K |
| 4 |
Morgan Stanley
New York
|
-$713K |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$660K |
HYT Hedge Fund Activity: Q2 2018 in Review
140 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2018, worth a combined $426M — down 5.9% from $452M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of HYT and 10 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 41 added.
The largest buyer was Brinker Capital Investments, adding an estimated $1.28M. The largest seller was Eaton Vance Management, cutting an estimated $31.3M.
- 140 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2018, down from 143 in Q1 2018.
- Funds reported $426M of BlackRock Corporate High Yield Fund stock for Q2 2018, down 5.9% quarter-over-quarter.
- 10 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2018 and 12 closed out, a net change of -2 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2018 was Brinker Capital Investments, an estimated $1.28M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2018 was Eaton Vance Management, an estimated $31.3M sold.
Based on aggregated 13F filings for Q2 2018.