BlackRock Corporate High Yield Fund
156 hedge funds and large institutions have $227M invested in BlackRock Corporate High Yield Fund in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
2% more funds holding
Funds holding: 153 → 156 (+3)
2.58% less ownership
Funds ownership: 20.98% → 18.41% (-2.6%)
17% less capital invested
Capital invested by funds: $275M → $227M (-$48M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
Top Sellers
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$17.8M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$9.13M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$9.1M |
| 4 |
OHA
Oak Hill Advisors
New York
|
-$3.23M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.81M |
HYT Hedge Fund Activity: Q3 2023 in Review
156 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q3 2023, worth a combined $227M — down 17% from $275M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new HYT positions and 16 closed out — a net gain of 4 holders — while 46 added to existing stakes and 38 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $9.06M. The largest seller was Sit Investment Associates, cutting an estimated $17.8M.
- 156 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q3 2023, up from 153 in Q2 2023.
- Funds reported $227M of BlackRock Corporate High Yield Fund stock for Q3 2023, down 17% quarter-over-quarter.
- 20 funds opened new BlackRock Corporate High Yield Fund positions in Q3 2023 and 16 closed out, a net change of +4 holders.
- The largest BlackRock Corporate High Yield Fund buyer in Q3 2023 was Penserra Capital Management, an estimated $9.06M added.
- The largest BlackRock Corporate High Yield Fund seller in Q3 2023 was Sit Investment Associates, an estimated $17.8M sold.
Based on aggregated 13F filings for Q3 2023.