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BlackRock Corporate High Yield Fund

149 hedge funds and large institutions have $226M invested in BlackRock Corporate High Yield Fund in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 57 increasing their positions, 36 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 36

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4.97% less ownership

Funds ownership: 21.13%16.16% (-5%)

5% less funds holding

Funds holding: 157149 (-8)

21% less capital invested

Capital invested by funds: $284M → $226M (-$58.7M)

26% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 23

Holders
149
Holders Change
-8
Holders Change %
-5.1%
% of All Funds
2.15%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
57
Reduced
36
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$55.2M -$47.1M -4,881,677 -46%
MGAM
2
McGowan Group Asset Management
Texas
$39.1M +$362K +37,563 +1%
PCM
3
Penserra Capital Management
California
$10.6M -$16.3K -1,693 -0.2%
Invesco
4
Invesco
Georgia
$9.37M -$4.95M -513,152 -35%
OHA
5
Oak Hill Advisors
New York
$8.87M -$76.8K -7,964 -0.9%
LPL Financial
6
LPL Financial
California
$8.09M +$1.62M +167,614 +25%
Bank of America
7
Bank of America
North Carolina
$6.07M +$83.3K +8,639 +1%
UBS Group
8
UBS Group
Switzerland
$5.36M +$200K +20,760 +4%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$5.15M +$24.8K +2,570 +0.5%
GC
10
Guggenheim Capital
Illinois
$4.71M +$689K +71,398 +17%
Cohen & Steers
11
Cohen & Steers
New York
$4.36M
LSPW
12
Lake Street Private Wealth
Illinois
$3.93M +$721K +74,700 +23%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$3.77M +$79.7K +8,256 +2%
Osaic Holdings
14
Osaic Holdings
Arizona
$3M +$588K +60,914 +25%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$2.64M -$96.5K -10,000 -4%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$2.57M +$1.98M +205,393 +358%
Corient Private Wealth
17
Corient Private Wealth
Florida
$2.21M -$128K -13,283 -6%
PAG
18
Private Advisor Group
New Jersey
$2.13M -$99K -10,265 -5%
Wells Fargo
19
Wells Fargo
California
$2.02M +$342K +35,437 +21%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$1.84M +$909K +94,261 +101%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$1.73M +$192K +19,885 +13%
PFA
22
Pathway Financial Advisers
Indiana
$1.7M -$28.1K -2,908 -2%
MML Investors Services
23
MML Investors Services
Massachusetts
$1.69M +$1.48M +153,261 +775%
CIA
24
Capital Investment Advisors
Georgia
$1.62M -$37.5K -3,887 -2%
CAM
25
Covenant Asset Management
New Jersey
$1.58M +$55.9K +5,798 +4%

HYT Hedge Fund Activity: Q1 2024 in Review

149 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Corporate High Yield Fund (HYT) for Q1 2024, worth a combined $226M — down 21% from $284M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of HYT and 17 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 57 added.

The largest buyer was Cetera Investment Advisers, adding an estimated $1.98M. The largest seller was Morgan Stanley, cutting an estimated $47.1M.

  • 149 institutional investors held BlackRock Corporate High Yield Fund (HYT) as of Q1 2024, down from 157 in Q4 2023.
  • Funds reported $226M of BlackRock Corporate High Yield Fund stock for Q1 2024, down 21% quarter-over-quarter.
  • 17 funds opened new BlackRock Corporate High Yield Fund positions in Q1 2024 and 23 closed out, a net change of -6 holders.
  • The largest BlackRock Corporate High Yield Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $1.98M added.
  • The largest BlackRock Corporate High Yield Fund seller in Q1 2024 was Morgan Stanley, an estimated $47.1M sold.

Based on aggregated 13F filings for Q1 2024.