BlackRock Corporate High Yield Fund
130 hedge funds and large institutions have $449M invested in BlackRock Corporate High Yield Fund in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 54 increasing their positions, 41 reducing their positions, and 11 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 41
1.09% more ownership
Funds ownership: 29.85% → 30.94% (+1.1%)
4% more capital invested
Capital invested by funds: $432M → $449M (+$16.4M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 132 → 130 (-2)
Top Buyers
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$13.5M |
| 2 |
Morgan Stanley
New York
|
+$2.22M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.23M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.11M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
Top Sellers
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$7.58M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.11M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$4.75M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.38M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.44M |
HYT Hedge Fund Activity: Q2 2017 in Review
130 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q2 2017, worth a combined $449M — up 3.8% from $432M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of HYT and 10 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 54 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $13.5M. The largest seller was HighTower Advisors, cutting an estimated $7.58M.
- 130 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q2 2017, down from 132 in Q1 2017.
- Funds reported $449M of BlackRock Corporate High Yield Fund stock for Q2 2017, up 3.8% quarter-over-quarter.
- 10 funds opened new BlackRock Corporate High Yield Fund positions in Q2 2017 and 11 closed out, a net change of -1 holder.
- The largest BlackRock Corporate High Yield Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $13.5M added.
- The largest BlackRock Corporate High Yield Fund seller in Q2 2017 was HighTower Advisors, an estimated $7.58M sold.
Based on aggregated 13F filings for Q2 2017.