BlackRock Corporate High Yield Fund
147 hedge funds and large institutions have $383M invested in BlackRock Corporate High Yield Fund in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 17 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
1% more funds holding
Funds holding: 146 → 147 (+1)
2.02% less ownership
Funds ownership: 31.52% → 29.5% (-2%)
6% less capital invested
Capital invested by funds: $405M → $383M (-$22.6M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSPW
Lake Street Private Wealth
Chicago,
Illinois
|
+$3.5M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.04M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$1.33M |
| 5 |
VRM
Vectors Research Management
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$20.9M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$7.13M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.65M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.93M |
| 5 |
TA
TCG Advisors
Austin,
Texas
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACI
151
Alpha Cubed Investments
Irvine,
California
| – | -$139K | -13,000 | Closed |
|
|
BFM
152
Boothbay Fund Management
New York
| – | -$134K | -12,500 | Closed |
|
|
PAG
153
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$131K | -12,250 | Closed |
|
|
SPC
154
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$130K | -12,118 | Closed |
|
|
SC
155
Schoolcraft Capital
Boulder,
Colorado
| – | -$129K | -12,000 | Closed |
|
|
PWPS
156
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$108K | -10,115 | Closed |
|
|
CL
157
CSS LLC
Chicago,
Illinois
| – | -$42K | -3,932 | Closed |
|
|
DWM
158
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$29K | -2,698 | Closed |
|
|
RIA
159
Realta Investment Advisors
Wilmington,
Delaware
| – | -$11K | -998 | Closed |
|
160
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$9K | -884 | Closed |
|
|
CFGS
161
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$9.32K | -877 | Closed |
|
|
EWM
162
Executive Wealth Management
Brighton,
Michigan
| – | -$6K | -600 | Closed |
|
HYT Hedge Fund Activity: Q3 2019 in Review
147 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2019, worth a combined $383M — down 5.6% from $405M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new HYT positions and 17 closed out — a net gain of 1 holder — while 50 added to existing stakes and 41 trimmed.
The largest buyer was Lake Street Private Wealth, opening a new position worth an estimated $3.5M. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $20.9M sold.
- 147 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2019, up from 146 in Q2 2019.
- Funds reported $383M of BlackRock Corporate High Yield Fund stock for Q3 2019, down 5.6% quarter-over-quarter.
- 18 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2019 and 17 closed out, a net change of +1 holder.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2019 was Lake Street Private Wealth, an estimated $3.5M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2019 was Beach Point Capital Management, an estimated $20.9M sold.
Based on aggregated 13F filings for Q3 2019.