BlackRock Corporate High Yield Fund
119 hedge funds and large institutions have $383M invested in BlackRock Corporate High Yield Fund in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 22 closing their positions.
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
8% more capital invested
Capital invested by funds: $355M → $383M (+$28.7M)
5% more funds holding
Funds holding: 113 → 119 (+6)
2.6% more ownership
Funds ownership: 28.39% → 30.99% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
Top Buyers
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$27.5M |
| 2 |
JP Morgan Chase
New York
|
+$23M |
| 3 |
Morgan Stanley
New York
|
+$15.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.56M |
| 5 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$3.53M |
Top Sellers
| 1 |
TAM
Third Avenue Management
New York
|
-$12.9M |
| 2 |
SCM
Saba Capital Management
New York
|
-$12.6M |
| 3 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$3.99M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$3.46M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.77M |
HYT Hedge Fund Activity: Q4 2015 in Review
119 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q4 2015, worth a combined $383M — up 8.1% from $355M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new HYT positions and 22 closed out — a net gain of 6 holders — while 33 added to existing stakes and 35 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $27.5M. The largest seller was Third Avenue Management, exiting entirely with an estimated $12.9M sold.
- 119 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q4 2015, up from 113 in Q3 2015.
- Funds reported $383M of BlackRock Corporate High Yield Fund stock for Q4 2015, up 8.1% quarter-over-quarter.
- 28 funds opened new BlackRock Corporate High Yield Fund positions in Q4 2015 and 22 closed out, a net change of +6 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q4 2015 was Eaton Vance Management, an estimated $27.5M added.
- The largest BlackRock Corporate High Yield Fund seller in Q4 2015 was Third Avenue Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q4 2015.