BlackRock Corporate High Yield Fund
153 hedge funds and large institutions have $275M invested in BlackRock Corporate High Yield Fund in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 47 reducing their positions, and 21 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 47
5% less capital invested
Capital invested by funds: $289M → $275M (-$14.4M)
2.44% less ownership
Funds ownership: 23.43% → 20.98% (-2.4%)
6% less funds holding
Funds holding: 162 → 153 (-9)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.83M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.46M |
| 4 |
OHA
Oak Hill Advisors
New York
|
+$909K |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$683K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$9.92M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$9.84M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.83M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.03M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$2.03M |
HYT Hedge Fund Activity: Q2 2023 in Review
153 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2023, worth a combined $275M — down 5% from $289M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of HYT and 14 opened new positions — a net loss of 7 holders — while 47 trimmed existing stakes and 47 added.
The largest buyer was Invesco, adding an estimated $1.92M. The largest seller was Bramshill Investments, cutting an estimated $9.92M.
- 153 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2023, down from 162 in Q1 2023.
- Funds reported $275M of BlackRock Corporate High Yield Fund stock for Q2 2023, down 5% quarter-over-quarter.
- 14 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2023 and 21 closed out, a net change of -7 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2023 was Invesco, an estimated $1.92M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2023 was Bramshill Investments, an estimated $9.92M sold.
Based on aggregated 13F filings for Q2 2023.