BlackRock Corporate High Yield Fund
115 hedge funds and large institutions have $378M invested in BlackRock Corporate High Yield Fund in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 19 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
2% more capital invested
Capital invested by funds: $371M → $378M (+$6.34M)
1.73% less ownership
Funds ownership: 29.62% → 27.89% (-1.7%)
4% less funds holding
Funds holding: 120 → 115 (-5)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$6.22M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$5.02M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.68M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.52M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
Top Sellers
HYT Hedge Fund Activity: Q2 2016 in Review
115 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2016, worth a combined $378M — up 1.7% from $371M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of HYT and 15 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 39 added.
The largest buyer was Morgan Stanley, adding an estimated $6.22M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $10.1M sold.
- 115 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2016, down from 120 in Q1 2016.
- Funds reported $378M of BlackRock Corporate High Yield Fund stock for Q2 2016, up 1.7% quarter-over-quarter.
- 15 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2016 and 19 closed out, a net change of -4 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2016 was Morgan Stanley, an estimated $6.22M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2016.