BlackRock Corporate High Yield Fund
143 hedge funds and large institutions have $315M invested in BlackRock Corporate High Yield Fund in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 47 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
2% more funds holding
Funds holding: 140 → 143 (+3)
1.77% more ownership
Funds ownership: 27.04% → 28.82% (+1.8%)
15% less capital invested
Capital invested by funds: $369M → $315M (-$54.3M)
26% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$29.1M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$28.2M |
| 3 |
PCM
Prelude Capital Management
New York
|
+$8.03M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$5.13M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$19.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9.81M |
| 3 |
HC
HNP Capital
Rochester,
New York
|
-$9.28M |
| 4 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$4.18M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.44M |
HYT Hedge Fund Activity: Q1 2020 in Review
143 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2020, worth a combined $315M — down 15% from $369M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new HYT positions and 21 closed out — a net gain of 5 holders — while 35 added to existing stakes and 47 trimmed.
The largest buyer was Oak Hill Advisors, opening a new position worth an estimated $29.1M. The largest seller was UBS Group, cutting an estimated $19.5M.
- 143 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2020, up from 140 in Q4 2019.
- Funds reported $315M of BlackRock Corporate High Yield Fund stock for Q1 2020, down 15% quarter-over-quarter.
- 26 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2020 and 21 closed out, a net change of +5 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q1 2020 was Oak Hill Advisors, an estimated $29.1M added.
- The largest BlackRock Corporate High Yield Fund seller in Q1 2020 was UBS Group, an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2020.