iShares Broad USD High Yield Corporate Bond ETF
USHY
664 hedge funds and large institutions have $22.6B invested in iShares Broad USD High Yield Corporate Bond ETF in 2025 Q4 according to their latest regulatory filings, with 133 funds opening new positions, 293 increasing their positions, 150 reducing their positions, and 58 closing their positions.
129% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 58
95% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 150
32% more funds holding in top 10
Funds holding in top 10: 31 → 41 (+10)
12% more funds holding
Funds holding: 595 → 664 (+69)
8% more capital invested
Capital invested by funds: $21B → $22.6B (+$1.61B)
6.27% more ownership
Funds ownership: 81.81% → 88.08% (+6.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$983M |
| 2 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$259M |
| 3 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$183M |
| 4 |
JP Morgan Chase
New York
|
+$160M |
| 5 |
Goldman Sachs
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$697M |
| 2 |
IMPI
Ilmarinen Mutual Pension Insurance
Helsinki,
Finland
|
-$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$86.7M |
| 4 |
Citigroup
New York
|
-$72.1M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$58.5M |
USHY Hedge Fund Activity: Q4 2025 in Review
664 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in iShares Broad USD High Yield Corporate Bond ETF (USHY) for Q4 2025, worth a combined $22.6B — up 7.7% from $21B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new USHY positions and 58 closed out — a net gain of 75 holders — while 293 added to existing stakes and 150 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $983M. The largest seller was BlackRock, cutting an estimated $697M.
- 664 institutional investors held iShares Broad USD High Yield Corporate Bond ETF (USHY) as of Q4 2025, up from 595 in Q3 2025.
- Funds reported $22.6B of iShares Broad USD High Yield Corporate Bond ETF stock for Q4 2025, up 7.7% quarter-over-quarter.
- 133 funds opened new iShares Broad USD High Yield Corporate Bond ETF positions in Q4 2025 and 58 closed out, a net change of +75 holders.
- The largest iShares Broad USD High Yield Corporate Bond ETF buyer in Q4 2025 was Jones Financial Companies, an estimated $983M added.
- The largest iShares Broad USD High Yield Corporate Bond ETF seller in Q4 2025 was BlackRock, an estimated $697M sold.
Based on aggregated 13F filings for Q4 2025.