BlackRock Corporate High Yield Fund
113 hedge funds and large institutions have $355M invested in BlackRock Corporate High Yield Fund in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
10% more funds holding
Funds holding: 103 → 113 (+10)
1.07% less ownership
Funds ownership: 29.46% → 28.39% (-1.1%)
12% less capital invested
Capital invested by funds: $402M → $355M (-$47.5M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
40% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.86M |
| 2 |
JP Morgan Chase
New York
|
+$4.46M |
| 3 |
AMH
Apollo Management Holdings
New York
|
+$2.59M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.27M |
| 5 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$7.33M |
| 2 |
TAM
Third Avenue Management
New York
|
-$7.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.74M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.43M |
| 5 |
OHA
Oak Hill Advisors
New York
|
-$3.53M |
HYT Hedge Fund Activity: Q3 2015 in Review
113 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2015, worth a combined $355M — down 12% from $402M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HYT positions and 12 closed out — a net gain of 11 holders — while 24 added to existing stakes and 40 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.86M. The largest seller was Eaton Vance Management, cutting an estimated $7.33M.
- 113 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2015, up from 103 in Q2 2015.
- Funds reported $355M of BlackRock Corporate High Yield Fund stock for Q3 2015, down 12% quarter-over-quarter.
- 23 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2015 and 12 closed out, a net change of +11 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2015 was Rivernorth Capital Management, an estimated $5.86M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2015 was Eaton Vance Management, an estimated $7.33M sold.
Based on aggregated 13F filings for Q3 2015.