BlackRock Corporate High Yield Fund
143 hedge funds and large institutions have $452M invested in BlackRock Corporate High Yield Fund in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 59 increasing their positions, 29 reducing their positions, and 25 closing their positions.
103% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 29
2.54% more ownership
Funds ownership: 31.14% → 33.67% (+2.5%)
5% more capital invested
Capital invested by funds: $431M → $452M (+$21.4M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
7% less funds holding
Funds holding: 154 → 143 (-11)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$32.5M |
| 2 |
SCM
Saba Capital Management
New York
|
+$18.6M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$3.31M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.92M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.02M |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$4M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$3.26M |
| 5 |
Citigroup
New York
|
-$2.01M |
HYT Hedge Fund Activity: Q1 2018 in Review
143 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2018, worth a combined $452M — up 5% from $431M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of HYT and 14 opened new positions — a net loss of 11 holders — while 29 trimmed existing stakes and 59 added.
The largest buyer was Eaton Vance Management, adding an estimated $32.5M. The largest seller was Morgan Stanley, cutting an estimated $17.6M.
- 143 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2018, down from 154 in Q4 2017.
- Funds reported $452M of BlackRock Corporate High Yield Fund stock for Q1 2018, up 5% quarter-over-quarter.
- 14 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2018 and 25 closed out, a net change of -11 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2018 was Eaton Vance Management, an estimated $32.5M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2018 was Morgan Stanley, an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2018.