BlackRock Corporate High Yield Fund
147 hedge funds and large institutions have $408M invested in BlackRock Corporate High Yield Fund in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 43 reducing their positions, and 19 closing their positions.
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11% more capital invested
Capital invested by funds: $368M → $408M (+$39.4M)
1% more funds holding
Funds holding: 145 → 147 (+2)
2% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 43
0.95% more ownership
Funds ownership: 28.3% → 29.25% (+0.95%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$16.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.77M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$847K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$814K |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$657K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$18.3M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.13M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.06M |
| 4 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$792K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$515K |
HYT Hedge Fund Activity: Q4 2020 in Review
147 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q4 2020, worth a combined $408M — up 11% from $368M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HYT positions and 19 closed out — a net gain of 4 holders — while 44 added to existing stakes and 43 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $16.6M. The largest seller was JP Morgan Chase, cutting an estimated $18.3M.
- 147 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q4 2020, up from 145 in Q3 2020.
- Funds reported $408M of BlackRock Corporate High Yield Fund stock for Q4 2020, up 11% quarter-over-quarter.
- 23 funds opened new BlackRock Corporate High Yield Fund positions in Q4 2020 and 19 closed out, a net change of +4 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q4 2020 was Bramshill Investments, an estimated $16.6M added.
- The largest BlackRock Corporate High Yield Fund seller in Q4 2020 was JP Morgan Chase, an estimated $18.3M sold.
Based on aggregated 13F filings for Q4 2020.