BlackRock Corporate High Yield Fund
137 hedge funds and large institutions have $408M invested in BlackRock Corporate High Yield Fund in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 48 increasing their positions, 39 reducing their positions, and 16 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 39
0.64% less ownership
Funds ownership: 31.65% → 31.01% (-0.64%)
2% less capital invested
Capital invested by funds: $415M → $408M (-$6.49M)
1% less funds holding
Funds holding: 139 → 137 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$10.8M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.03M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.69M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$13.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$12.2M |
| 3 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$2.64M |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$1.56M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.3M |
HYT Hedge Fund Activity: Q3 2018 in Review
137 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2018, worth a combined $408M — down 1.6% from $415M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of HYT and 14 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 48 added.
The largest buyer was Invesco, adding an estimated $10.8M. The largest seller was Saba Capital Management, cutting an estimated $13.9M.
- 137 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2018, down from 139 in Q2 2018.
- Funds reported $408M of BlackRock Corporate High Yield Fund stock for Q3 2018, down 1.6% quarter-over-quarter.
- 14 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2018 and 16 closed out, a net change of -2 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2018 was Invesco, an estimated $10.8M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2018 was Saba Capital Management, an estimated $13.9M sold.
Based on aggregated 13F filings for Q3 2018.