BlackRock Corporate High Yield Fund
164 hedge funds and large institutions have $226M invested in BlackRock Corporate High Yield Fund in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
5% more funds holding
Funds holding: 156 → 164 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
3.73% less ownership
Funds ownership: 25.3% → 21.57% (-3.7%)
26% less capital invested
Capital invested by funds: $304M → $226M (-$78.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$4.46M |
| 2 |
AGM
Alpine Global Management
New York
|
+$2.69M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$2.69M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.26M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$21M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$14.3M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$11.1M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.1M |
| 5 |
CFP
Curran Financial Partners
Daniel Island,
South Carolina
|
-$4.98M |
HYT Hedge Fund Activity: Q3 2022 in Review
164 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2022, worth a combined $226M — down 26% from $304M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new HYT positions and 15 closed out — a net gain of 9 holders — while 44 added to existing stakes and 47 trimmed.
The largest buyer was McGowan Group Asset Management, adding an estimated $4.46M. The largest seller was Eaton Vance Management, cutting an estimated $21M.
- 164 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2022, up from 156 in Q2 2022.
- Funds reported $226M of BlackRock Corporate High Yield Fund stock for Q3 2022, down 26% quarter-over-quarter.
- 24 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2022 and 15 closed out, a net change of +9 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2022 was McGowan Group Asset Management, an estimated $4.46M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2022 was Eaton Vance Management, an estimated $21M sold.
Based on aggregated 13F filings for Q3 2022.