iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
500 hedge funds and large institutions have $3.69B invested in iShares 0-5 Year High Yield Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 155 increasing their positions, 226 reducing their positions, and 128 closing their positions.
7.92% less ownership
Funds ownership: 80.86% → 72.93% (-7.9%)
10% less funds holding in top 10
Funds holding in top 10: 42 → 38 (-4)
12% less funds holding
Funds holding: 568 → 500 (-68)
31% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 226
45% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 128
51% less capital invested
Capital invested by funds: $7.49B → $3.69B (-$3.8B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSTA
Japan Science & Technology Agency
Tokyo,
Japan
|
+$154M |
| 2 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$127M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$52.7M |
| 4 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$26.8M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1B |
| 2 |
LPL Financial
San Diego,
California
|
-$201M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$121M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$106M |
| 5 |
Morgan Stanley
New York
|
-$102M |
SHYG Hedge Fund Activity: Q1 2023 in Review
500 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) for Q1 2023, worth a combined $3.69B — down 51% from $7.49B a quarter earlier.
Sellers outnumbered buyers: 128 funds closed out of SHYG and 70 opened new positions — a net loss of 58 holders — while 226 trimmed existing stakes and 155 added.
The largest buyer was Japan Science & Technology Agency, opening a new position worth an estimated $154M. The largest seller was Envestnet Asset Management, cutting an estimated $1B.
- 500 institutional investors held iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) as of Q1 2023, down from 568 in Q4 2022.
- Funds reported $3.69B of iShares 0-5 Year High Yield Corporate Bond ETF stock for Q1 2023, down 51% quarter-over-quarter.
- 70 funds opened new iShares 0-5 Year High Yield Corporate Bond ETF positions in Q1 2023 and 128 closed out, a net change of -58 holders.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF buyer in Q1 2023 was Japan Science & Technology Agency, an estimated $154M added.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF seller in Q1 2023 was Envestnet Asset Management, an estimated $1B sold.
Based on aggregated 13F filings for Q1 2023.