iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
468 hedge funds and large institutions have $3.99B invested in iShares 0-5 Year High Yield Corporate Bond ETF in 2023 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 168 increasing their positions, 188 reducing their positions, and 64 closing their positions.
6.29% more ownership
Funds ownership: 76% → 82.29% (+6.3%)
1% less capital invested
Capital invested by funds: $4.03B → $3.99B (-$40.4M)
4% less funds holding
Funds holding: 489 → 468 (-21)
10% less funds holding in top 10
Funds holding in top 10: 30 → 27 (-3)
11% less repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 188
23% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 64
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $78K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
+$192M |
| 2 |
Jane Street
New York
|
+$69.5M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$63.5M |
| 4 |
Bank of New York Mellon
New York
|
+$51.2M |
| 5 |
NL
NEPC LLC
Boston,
Massachusetts
|
+$36.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAM
Kensington Asset Management
Austin,
Texas
|
-$56.4M |
| 2 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$42.8M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$34.4M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$29.9M |
| 5 |
Morgan Stanley
New York
|
-$25M |
SHYG Hedge Fund Activity: Q3 2023 in Review
468 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) for Q3 2023, worth a combined $3.99B — down 1% from $4.03B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of SHYG and 49 opened new positions — a net loss of 15 holders — while 188 trimmed existing stakes and 168 added.
The largest buyer was Financial Gravity Asset Management, adding an estimated $192M. The largest seller was Kensington Asset Management, exiting entirely with an estimated $56.4M sold.
- 468 institutional investors held iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) as of Q3 2023, down from 489 in Q2 2023.
- Funds reported $3.99B of iShares 0-5 Year High Yield Corporate Bond ETF stock for Q3 2023, down 1% quarter-over-quarter.
- 49 funds opened new iShares 0-5 Year High Yield Corporate Bond ETF positions in Q3 2023 and 64 closed out, a net change of -15 holders.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF buyer in Q3 2023 was Financial Gravity Asset Management, an estimated $192M added.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF seller in Q3 2023 was Kensington Asset Management, an estimated $56.4M sold.
Based on aggregated 13F filings for Q3 2023.