iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
72 hedge funds and large institutions have $801M invested in iShares 0-5 Year High Yield Corporate Bond ETF in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 8 closing their positions.
288% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 8
47% more funds holding
Funds holding: 49 → 72 (+23)
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
38% less capital invested
Capital invested by funds: $1.28B → $801M (-$484M)
41.79% less ownership
Funds ownership: 123.74% → 81.95% (-42%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$98.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.8M |
| 3 |
Jane Street
New York
|
+$14.1M |
| 4 |
Morgan Stanley
New York
|
+$4.39M |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$355M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$352M |
| 3 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$16.2M |
| 4 |
AIG
American International Group
New York
|
-$5.71M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$5.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWA
76
Cypress Wealth Advisors
San Francisco,
California
| – | -$625K | -14,285 | Closed |
|
77
M&T Bank
Buffalo,
New York
| – | -$565K | -12,553 | Closed |
|
78
HighTower Advisors
Chicago,
Illinois
| – | -$269K | -6,020 | Closed |
|
|
GI
79
Gradient Investments
Arden Hills,
Minnesota
| – | -$16K | -354 | Closed |
|
|
FANJ
80
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -102 | Closed |
|
|
CFA
81
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$730 | +16 | New |
|
SHYG Hedge Fund Activity: Q2 2016 in Review
72 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) for Q2 2016, worth a combined $801M — down 38% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SHYG positions and 8 closed out — a net gain of 23 holders — while 21 added to existing stakes and 16 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $98.1M. The largest seller was United Capital Financial Advisors, cutting an estimated $355M.
- 72 institutional investors held iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) as of Q2 2016, up from 49 in Q1 2016.
- Funds reported $801M of iShares 0-5 Year High Yield Corporate Bond ETF stock for Q2 2016, down 38% quarter-over-quarter.
- 31 funds opened new iShares 0-5 Year High Yield Corporate Bond ETF positions in Q2 2016 and 8 closed out, a net change of +23 holders.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF buyer in Q2 2016 was Charles Schwab Investment Advisory, an estimated $98.1M added.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF seller in Q2 2016 was United Capital Financial Advisors, an estimated $355M sold.
Based on aggregated 13F filings for Q2 2016.