BlackRock Corporate High Yield Fund
135 hedge funds and large institutions have $349M invested in BlackRock Corporate High Yield Fund in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 27 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
11% more capital invested
Capital invested by funds: $315M → $349M (+$33.9M)
0.68% less ownership
Funds ownership: 28.82% → 28.14% (-0.68%)
6% less funds holding
Funds holding: 143 → 135 (-8)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HC
HNP Capital
Rochester,
New York
|
+$8.54M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$6.51M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.49M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$3.03M |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$16.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.39M |
| 3 |
PCM
Prelude Capital Management
New York
|
-$7.01M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.78M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSWM
151
Golden State Wealth Management
Santa Ana,
California
| – | -$66K | -7,514 | Closed |
|
|
CAN
152
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$62K | -7,080 | Closed |
|
|
BSG
153
Black Swift Group
Boulder,
Colorado
| – | -$56K | -6,404 | Closed |
|
|
MWM
154
MBE Wealth Management
Tomah,
Wisconsin
| – | -$44K | -5,062 | Closed |
|
|
AIC
155
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$23K | -2,650 | Closed |
|
156
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$22K | -2,500 | Closed |
|
|
WCM
157
Wealthcare Capital Management
Richmond,
Virginia
| – | -$14K | -1,575 | Closed |
|
|
PGAM
158
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$12K | -1,343 | Closed |
|
|
AF
159
Allworth Financial
Folsom,
California
| – | -$11K | -1,242 | Closed |
|
|
EWM
160
EPG Wealth Management
Atlanta,
Georgia
| – | -$8K | -962 | Closed |
|
HYT Hedge Fund Activity: Q2 2020 in Review
135 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2020, worth a combined $349M — up 11% from $315M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of HYT and 20 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 48 added.
The largest buyer was HNP Capital, opening a new position worth an estimated $8.54M. The largest seller was Oak Hill Advisors, cutting an estimated $16.3M.
- 135 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2020, down from 143 in Q1 2020.
- Funds reported $349M of BlackRock Corporate High Yield Fund stock for Q2 2020, up 11% quarter-over-quarter.
- 20 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2020 and 27 closed out, a net change of -7 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2020 was HNP Capital, an estimated $8.54M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2020 was Oak Hill Advisors, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2020.