BlackRock Corporate High Yield Fund
146 hedge funds and large institutions have $405M invested in BlackRock Corporate High Yield Fund in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 41 reducing their positions, and 16 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 41
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more capital invested
Capital invested by funds: $395M → $405M (+$10M)
0.74% more ownership
Funds ownership: 30.77% → 31.52% (+0.74%)
3% less funds holding
Funds holding: 150 → 146 (-4)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$16.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.37M |
| 3 |
Cohen & Steers
New York
|
+$2.9M |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$811K |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.23M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$7.07M |
| 3 |
SCM
Saba Capital Management
New York
|
-$4.82M |
| 4 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$2.02M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.78M |
HYT Hedge Fund Activity: Q2 2019 in Review
146 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2019, worth a combined $405M — up 2.5% from $395M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HYT and 14 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 56 added.
The largest buyer was Bramshill Investments, adding an estimated $16.1M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.23M.
- 146 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2019, down from 150 in Q1 2019.
- Funds reported $405M of BlackRock Corporate High Yield Fund stock for Q2 2019, up 2.5% quarter-over-quarter.
- 14 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2019 and 16 closed out, a net change of -2 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2019 was Bramshill Investments, an estimated $16.1M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2019 was Rivernorth Capital Management, an estimated $7.23M sold.
Based on aggregated 13F filings for Q2 2019.