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iShares Broad USD High Yield Corporate Bond ETF

42 hedge funds and large institutions have $650M invested in iShares Broad USD High Yield Corporate Bond ETF in 2019 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

667% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 3

245% more capital invested

Capital invested by funds: $188M → $650M (+$462M)

160% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 5

91% more funds holding

Funds holding: 2242 (+20)

23.14% more ownership

Funds ownership: 69.89%93.03% (+23%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
42
Holders Change
+20
Holders Change %
+90.91%
% of All Funds
0.91%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
23
Increased
13
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$361M +$355M +8,893,582 New
CSIA
2
Charles Schwab Investment Advisory
California
$183M +$51.4M +1,290,343 +40%
AHSSHC
3
Adventist Health System Sunbelt Healthcare Corp
Florida
$41M +$3.26M +81,730 +9%
Carson Wealth (CWM LLC)
4
Carson Wealth (CWM LLC)
Nebraska
$30.2M +$34.6M +868,933 New
EWA
5
ERTS Wealth Advisors
Michigan
$12.9M +$5.73M +143,691 +82%
SAM
6
Securian Asset Management
Minnesota
$3.02M
Citadel Advisors
7
Citadel Advisors
Florida
$2.84M +$2.55M +64,018 +1,066%
CCMG
8
Clark Capital Management Group
Pennsylvania
$2.3M +$2.26M +56,737 New
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$1.95M +$1.82M +45,606 +1,926%
SMM
10
Stadion Money Management
Georgia
$1.65M -$295K -7,394 -15%
PFM
11
Phillips Financial Management
Indiana
$1.63M +$298K +7,485 +23%
RA
12
RFG Advisory
Alabama
$1.4M -$2.46M -61,825 -64%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$1.23M +$325K +8,163 +37%
Ameriprise
14
Ameriprise
Minnesota
$1.04M +$1.02M +25,640 New
BWFA
15
Baltimore-Washington Financial Advisors
Maryland
$820K +$525K +13,171 +186%
CM
16
Columbus Macro
Pennsylvania
$765K +$105K +2,630 +16%
FMT
17
First Mercantile Trust
Tennessee
$637K +$626K +15,700 New
FAAS
18
First Allied Advisory Services
California
$600K -$83.4K -2,091 -12%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$560K +$325K +8,149 +144%
KBFS
20
Kohmann Bosshard Financial Services
Ohio
$391K +$16.7K +418 +5%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$294K +$289K +7,242 New
US Bancorp
22
US Bancorp
Minnesota
$278K +$273K +6,857 New
PAG
23
Pinnacle Advisory Group
Maryland
$266K +$262K +6,566 New
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$254K
FWM
25
Focused Wealth Management
New York
$82K -$9.64M -241,900 -99%

USHY Hedge Fund Activity: Q1 2019 in Review

42 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD High Yield Corporate Bond ETF (USHY) for Q1 2019, worth a combined $650M — up 245% from $188M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new USHY positions and 3 closed out — a net gain of 20 holders — while 13 added to existing stakes and 5 trimmed.

The largest buyer was Bank of America, opening a new position worth an estimated $355M. The largest seller was Focused Wealth Management, cutting an estimated $9.64M.

  • 42 institutional investors held iShares Broad USD High Yield Corporate Bond ETF (USHY) as of Q1 2019, up from 22 in Q4 2018.
  • Funds reported $650M of iShares Broad USD High Yield Corporate Bond ETF stock for Q1 2019, up 245% quarter-over-quarter.
  • 23 funds opened new iShares Broad USD High Yield Corporate Bond ETF positions in Q1 2019 and 3 closed out, a net change of +20 holders.
  • The largest iShares Broad USD High Yield Corporate Bond ETF buyer in Q1 2019 was Bank of America, an estimated $355M added.
  • The largest iShares Broad USD High Yield Corporate Bond ETF seller in Q1 2019 was Focused Wealth Management, an estimated $9.64M sold.

Based on aggregated 13F filings for Q1 2019.