BlackRock Corporate High Yield Fund
162 hedge funds and large institutions have $289M invested in BlackRock Corporate High Yield Fund in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 23 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 43
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
4% less funds holding
Funds holding: 168 → 162 (-6)
7.32% less ownership
Funds ownership: 30.75% → 23.43% (-7.3%)
12% less capital invested
Capital invested by funds: $328M → $289M (-$38.4M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.82M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$2.13M |
| 3 |
OHA
Oak Hill Advisors
New York
|
+$1.85M |
| 4 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$1.74M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$14.3M |
| 2 |
HHGC
Hunting Hill Global Capital
New York
|
-$9.71M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.94M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.07M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
176
CTC Capital Management
Chicago,
Illinois
| – | -$104K | -11,900 | Closed |
|
|
RCM
177
RB Capital Management
Reno,
Nevada
| – | -$95.7K | -10,955 | Closed |
|
178
Walleye Capital
New York
| – | -$94.5K | -10,813 | Closed |
|
|
RPCA
179
Running Point Capital Advisors
El Segundo,
California
| – | -$87.4K | -10,000 | Closed |
|
|
MCC
180
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$85.7K | -9,802 | Closed |
|
|
OWA
181
One Wealth Advisors
San Francisco,
California
| – | -$21.1K | -2,419 | Closed |
|
|
ZIG
182
Zullo Investment Group
Scranton,
Pennsylvania
| – | -$19.2K | -2,200 | Closed |
|
|
PP
183
PrairieView Partners
St. Paul,
Minnesota
| – | -$4K | -570 | Closed |
|
|
MWM
184
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$2.82K | -323 | Closed |
|
|
TRCT
185
Tower Research Capital (TRC)
New York
| – | +$143 | +16 | New |
|
HYT Hedge Fund Activity: Q1 2023 in Review
162 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2023, worth a combined $289M — down 12% from $328M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of HYT and 21 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 54 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $4.82M. The largest seller was Sit Investment Associates, cutting an estimated $14.3M.
- 162 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2023, down from 168 in Q4 2022.
- Funds reported $289M of BlackRock Corporate High Yield Fund stock for Q1 2023, down 12% quarter-over-quarter.
- 21 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2023 and 23 closed out, a net change of -2 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2023 was Credit Suisse, an estimated $4.82M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2023 was Sit Investment Associates, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2023.