iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
468 hedge funds and large institutions have $3.9B 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 65 closing their positions.
2.41% more ownership
Funds ownership: 75.9% → 78.31% (+2.4%)
3% less capital invested
Capital invested by funds: $4.03B → $3.9B (-$133M)
4% less funds holding
Funds holding: 490 → 468 (-22)
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
25% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 65
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $78K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$69.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$63.5M |
| 3 |
Bank of New York Mellon
New York
|
+$51.2M |
| 4 |
NL
NEPC LLC
Boston,
Massachusetts
|
+$36.8M |
| 5 |
JP Morgan Chase
New York
|
+$16.5M |
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 6,310 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 $3.9B — down 3.3% from $4.03B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of SHYG and 49 opened new positions — a net loss of 16 holders — while 188 trimmed existing stakes and 168 added.
The largest buyer was Jane Street, adding an estimated $69.5M. 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 490 in Q2 2023.
- Funds reported $3.9B of iShares 0-5 Year High Yield Corporate Bond ETF stock for Q3 2023, down 3.3% quarter-over-quarter.
- 49 funds opened new iShares 0-5 Year High Yield Corporate Bond ETF positions in Q3 2023 and 65 closed out, a net change of -16 holders.
- The largest iShares 0-5 Year High Yield Corporate Bond ETF buyer in Q3 2023 was Jane Street, an estimated $69.5M 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.