Vault-13

ISHARES TR HYG

IBOXX HI YD ETF · ETP · CUSIP 464288513 · ISIN US4642885135

899 institutional holders +111 vs Q3 2022
251,817,800251.8m shares reported held*
$18.6bnreported value*
154 new 301 added 275 reduced 89 sold out net bought ≈ $3.4bn (+45.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($39.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $73.75. Options: 32 managers hold calls ($7.1bn notional), 69 hold puts ($18.7bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 788Q4 22: 899899Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022788
Q4 2022899

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10bn$20bn$30bnQ3 22 calls: $5.6bnQ3 22 puts: $22.6bnQ3 22P/C 4.02Q4 22 calls: $7.1bnQ4 22 puts: $18.7bnQ4 22P/C 2.65
Numbers
QuarterCallsPutsP/C
Q3 2022$5.6bn$22.6bn4.02
Q4 2022$7.1bn$18.7bn2.65

Biggest buyers

Clark Capital Management Group, Inc. New +31,066,988+31.1m
Ocean Park Asset Management, LLC New +8,876,200+8.9m
ASSETMARK, INC Added +8,820,235+8.8m
Elliott Investment Management L.P. New +7,131,000+7.1m
CITIGROUP INC Added +6,239,507+6.2m
ENVESTNET ASSET MANAGEMENT INC Added +4,579,092+4.6m
WELLINGTON MANAGEMENT GROUP LLP Added +3,440,700+3.4m
SONA ASSET MANAGEMENT (US) LLC Added +2,985,000+3.0m
BANK OF AMERICA CORP /DE/ Added +2,901,581+2.9m
BlackRock Inc. Added +2,465,313+2.5m

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -16,004,815-16.0m
MORGAN STANLEY Reduced -9,531,392-9.5m
JANE STREET GROUP, LLC Reduced -3,867,478-3.9m
BNP PARIBAS FINANCIAL MARKETS Reduced -3,488,469-3.5m
STATE OF WISCONSIN INVESTMENT BOARD Reduced -3,279,451-3.3m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -3,210,000-3.2m
JPMORGAN CHASE & CO Reduced -2,255,686-2.3m
CITADEL ADVISORS LLC Reduced -1,448,536-1.4m
PRUDENTIAL FINANCIAL INC Reduced -1,285,682-1.3m
Boundary Creek Advisors LP Sold out -1,200,000-1.2m

Biggest calls

BARCLAYS PLC First filing $1.4bn18.9m shares
CITADEL ADVISORS LLC Reduced $1.2bn16.4m shares
GOLDMAN SACHS GROUP INC Reduced $559.6m7.6m shares
BANK OF AMERICA CORP /DE/ Reduced $555.0m7.5m shares
CITIGROUP INC Reduced $401.3m5.5m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $384.4m5.2m shares
Brevan Howard Capital Management LP Added $289.2m3.9m shares
MILLENNIUM MANAGEMENT LLC Added $267.5m3.6m shares
Laurion Capital Management LP New $233.8m3.2m shares
MARSHALL WACE, LLP Reduced $214.1m2.9m shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.8bn37.4m shares
BARCLAYS PLC First filing $2.5bn34.0m shares
CITIGROUP INC Reduced $2.0bn27.8m shares
GOLDMAN SACHS GROUP INC Added $1.7bn23.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2bn16.9m shares
NOMURA HOLDINGS INC Added $991.7m13.5m shares
MACKENZIE FINANCIAL CORP New $710.2m9.6m shares
Laurion Capital Management LP Added $662.7m9.0m shares
BANK OF AMERICA CORP /DE/ Reduced $619.1m8.4m shares
UBS Group AG Reduced $580.4m7.9m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock Portfolio Management LLC 13G · institution -4.7 pts · filed 2026-10-27 8.5% -4.7 pts 18.4m≈ $1.5bn 2026-10-27

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clark Capital Management Group, Inc. 21.06% of their portfolio PHILADELPHIA, PA 31,066,98831.1m $2.3bn $2.3bn 21.06% New
2 BlackRock Inc. 0.04% of their portfolio New York, NY 15,973,84016.0m $1.2bn $1.2bn 0.04% Added +2.5m +2,465,313
3 BANK OF AMERICA CORP /DE/ 0.12% of their portfolio CHARLOTTE, NC 12,661,85212.7m $932.3m $932.3m 0.12% Added +2.9m +2,901,581
4 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 9,677,7379.7m $712.6m $712.6m 0.08% Reduced -9.5m -9,531,392
5 Japan Science & Technology Agency 10.17% of their portfolio TOKYO, M0 9,199,3989.2m $677.4m $677.4m 10.17% First filing
6 ASSETMARK, INC 2.84% of their portfolio CONCORD, CA 8,882,9098.9m $654.0m $654.0m 2.84% Added +8.8m +8,820,235
7 Ocean Park Asset Management, LLC 41.43% of their portfolio SANTA MONICA, CA 8,876,2008.9m $653.6m $653.6m 41.43% New
8 Nuveen Asset Management, LLC 0.23% of their portfolio CHICAGO, IL 8,201,0358.2m $603.8m $603.8m 0.23% Added +228.0k +228,034
9 GOLDMAN SACHS GROUP INC 0.17% of their portfolio NEW YORK, NY 8,111,6958.1m $597.3m $597.3m 0.17% Reduced -16.0m -16,004,815
10 ENVESTNET ASSET MANAGEMENT INC 0.28% of their portfolio Berwyn, PA 7,278,9027.3m $535.9m $535.9m 0.28% Added +4.6m +4,579,092
11 Elliott Investment Management L.P. 6.15% of their portfolio WEST PALM BEACH, FL 7,131,0007.1m $525.1m $525.1m 6.15% New
12 CITIGROUP INC 0.67% of their portfolio NEW YORK, NY 6,484,5046.5m $477.5m $477.5m 0.67% Added +6.2m +6,239,507
13 BNP PARIBAS FINANCIAL MARKETS 0.98% of their portfolio PARIS, I0 5,286,8025.3m $389.3m $389.3m 0.98% Reduced -3.5m -3,488,469
14 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 3.96% of their portfolio VICTORIA, A1 4,919,1184.9m $362.2m $362.2m 3.96% Reduced -1.0m -1,012,000
15 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 4,157,5334.2m $306.1m $306.1m 0.10% Reduced -33.2k -33,186
16 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 4,099,3194.1m $301.8m $301.8m 0.09% Reduced -464.0k -463,998
17 STATE OF WISCONSIN INVESTMENT BOARD 0.91% of their portfolio MADISON, WI 3,812,0503.8m $280.7m $280.7m 0.91% Reduced -3.3m -3,279,451
18 WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio Boston, MA 3,455,7003.5m $254.4m $254.4m 0.05% Added +3.4m +3,440,700
19 SONA ASSET MANAGEMENT (US) LLC 65.83% of their portfolio NEW YORK, NY 3,105,0003.1m $228.6m $228.6m 65.83% Added +3.0m +2,985,000
20 OSAIC HOLDINGS, INC. 0.39% of their portfolio SCOTTSDALE, AZ 2,630,4732.6m $193.7m $193.7m 0.39% Added +2.1m +2,100,268
21 NYL Investors LLC 13.82% of their portfolio NEW YORK, NY 2,612,0002.6m $192.3m $192.3m 13.82% Added +360.0k +360,000
22 PRUDENTIAL FINANCIAL INC 0.28% of their portfolio NEWARK, NJ 2,230,2642.2m $163.8m $163.8m 0.28% Reduced -1.3m -1,285,682
23 FMR LLC 0.01% of their portfolio BOSTON, MA 2,015,8922.0m $148.4m $148.4m 0.01% Reduced -80.1k -80,109
24 STIFEL FINANCIAL CORP 0.21% of their portfolio ST. LOUIS, MO 1,860,3411.9m $137.0m $137.0m 0.21% Added +208.0k +207,972
25 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.66% of their portfolio TORONTO, A6 1,781,2121.8m $131.2m $131.2m 0.66% Reduced -3.2m -3,210,000
26 UBS Group AG 0.06% of their portfolio ZURICH, V8 1,735,1851.7m $127.8m $127.8m 0.06% Added +49.6k +49,631
27 BARCLAYS PLC 0.11% of their portfolio LONDON, X0 1,698,6321.7m $125.1m $125.1m 0.11% First filing
28 ALLSTATE CORP 3.57% of their portfolio NORTHBROOK, IL 1,592,3671.6m $117.2m $117.2m 3.57% Reduced -353.6k -353,620
29 VICTORY CAPITAL MANAGEMENT INC 0.13% of their portfolio San Antonio, TX 1,589,2261.6m $117.0m $117.0m 0.13% Reduced -321.8k -321,825
30 Elo Mutual Pension Insurance Co 3.88% of their portfolio ESPOO, H9 1,539,0001.5m $113.3m $113.3m 3.88% Added +1.0m +1,029,000
31 CI INVESTMENTS INC. 0.55% of their portfolio TORONTO, Z4 1,472,0111.5m $108.4m $108.4m 0.55% Reduced -42.8k -42,813
32 State of New Jersey Common Pension Fund D 0.40% of their portfolio TRENTON, NJ 1,450,0001.4m $106.8m $106.8m 0.40% Unchanged
33 State of Tennessee, Department of Treasury 0.49% of their portfolio NASHVILLE, TN 1,438,8681.4m $105.9m $105.9m 0.49% Added +582.0k +582,040
34 MACKENZIE FINANCIAL CORP 0.17% of their portfolio TORONTO ONTARIO, A6 1,354,7001.4m $99.7m $99.7m 0.17% Added +397.2k +397,200
35 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,312,1541.3m $96.6m $96.6m 0.03% Reduced -397.7k -397,694
36 Nan Shan Life Insurance Co., Ltd. 2.58% of their portfolio Taipei City, F5 1,284,6521.3m $94.6m $94.6m 2.58% Unchanged
37 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,207,0031.2m $88.9m $88.9m 0.01% Reduced -2.3m -2,255,686
38 1832 Asset Management L.P. 0.18% of their portfolio TORONTO, A6 1,202,7431.2m $88.6m $88.6m 0.18% Added +640.9k +640,896
39 D. E. Shaw & Co., Inc. 0.14% of their portfolio New York, NY 1,102,0001.1m $81.1m $81.1m 0.14% New
40 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 1,097,2581.1m $81.9m $81.9m 0.04% Added +670.7k +670,703
41 BANK OF NOVA SCOTIA 0.21% of their portfolio TORONTO, A6 1,083,7631.1m $79.8m $79.8m 0.21% Added +748.3k +748,346
42 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 1,072,1491.1m $78.9m $78.9m 0.07% Added +35.4k +35,448
43 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 1,040,7921.0m $76.6m $76.6m 0.02% Reduced -982.9k -982,919
44 RENAISSANCERE HOLDINGS LTD 14.84% of their portfolio PEMBROKE, D0 929,000929.0k $68.4m $68.4m 14.84% Reduced -835.0k -835,000
45 US BANCORP \DE\ 0.11% of their portfolio MINNEAPOLIS, MN 858,696858.7k $63.2m $63.2m 0.11% Added +245.6k +245,589
46 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 838,789838.8k $61.8m $61.8m 0.06% Added +286.1k +286,078
47 Industrial Alliance Investment Management Inc. 1.58% of their portfolio QUEBEC, A8 769,691769.7k $56.7m $56.7m 1.58% Reduced -14.8k -14,800
48 Cetera Advisor Networks LLC 0.46% of their portfolio EL SEGUNDO, CA 768,187768.2k $56.6m $56.6m 0.46% Added +657.9k +657,888
49 Geisinger Health 13.22% of their portfolio DANVILLE, PA 740,000740.0k $54.5m $54.5m 13.22% First filing
50 Voya Financial Advisors, Inc. 6.98% of their portfolio WINDSOR, CT 730,064730.1k $53.7m $53.7m 6.98% Reduced -36.5k -36,489
51 American Trust 4.99% of their portfolio LEXINGTON, KY 729,563729.6k $53.7m $53.7m 4.99% Reduced -52.6k -52,633
52 MEITAV INVESTMENT HOUSE LTD 0.92% of their portfolio BENE-BERAQ, L3 726,116726.1k $53.6m $53.6m 0.92% Reduced -8 -8
53 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 706,928706.9k $52.1m $52.1m 0.03% Reduced -453.3k -453,274
54 Varma Mutual Pension Insurance Co 0.73% of their portfolio Varma, H9 700,000700.0k $51.5m $51.5m 0.73% Unchanged
55 MML INVESTORS SERVICES, LLC 0.30% of their portfolio SPRINGFIELD, MA 627,284627.3k $46.2m $46.2m 0.30% Added +382.9k +382,949
56 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 623,450623.5k $45.9m $45.9m 0.09% Reduced -3.9m -3,867,478
57 BTS Asset Management, Inc. 18.60% of their portfolio Lincoln, MA 611,175611.2k $42.4m $42.4m 18.60% New
58 Polaris Wealth Advisory Group, LLC 3.36% of their portfolio SAN RAFAEL, CA 592,360592.4k $45.1m $45.1m 3.36% Added +169.8k +169,782
59 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.65% of their portfolio TOKYO, M0 589,708589.7k $43.4m $43.4m 1.65% Reduced -52.5k -52,531
60 EHP Funds Inc. 8.97% of their portfolio TORONTO, Z4 580,000580.0k $42.7m $42.7m 8.97% New
61 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 572,915572.9k $42.2m $42.2m 0.01% Added +499.6k +499,551
62 MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 556,129556.1k $40.9m $40.9m 0.05% Added +47.7k +47,738
63 SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio London, X0 544,008544.0k $40.1m $40.1m 0.06% Added +483.2k +483,192
64 Saba Capital Management, L.P. 0.67% of their portfolio NEW YORK, NY 542,070542.1k $39.9m $39.9m 0.67% New
65 CONNING INC. 1.29% of their portfolio HARTFORD, CT 540,545540.5k $39.8m $39.8m 1.29% Reduced -58.5k -58,460
66 Municipal Employees' Retirement System of Michigan 0.64% of their portfolio LANSING, MI 539,447539.4k $39.7m $39.7m 0.64% Unchanged
67 Jefferies Financial Group Inc. 0.66% of their portfolio NEW YORK, NY 520,923520.9k $38.4m $38.4m 0.66% New
68 Brevan Howard Capital Management LP 10.95% of their portfolio ST. HELIER, Y9 510,400510.4k $37.6m $37.6m 10.95% Added +230.4k +230,400
69 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 3.07% of their portfolio Tel Aviv, L3 505,931505.9k $37.3m $37.3m 3.07% Unchanged
70 PAYDEN & RYGEL 1.73% of their portfolio LOS ANGELES, CA 439,600439.6k $32.4m $32.4m 1.73% New
71 PARTNERS CAPITAL INVESTMENT GROUP, LLP 1.55% of their portfolio BOSTON, MA 439,190439.2k $32.3m $32.3m 1.55% Added +275.2k +275,174
72 PRUDENTIAL PLC 0.41% of their portfolio LONDON, X0 438,919438.9k $32.3m $32.3m 0.41% Reduced -15.2k -15,184
73 Kestra Advisory Services, LLC 0.29% of their portfolio AUSTIN, TX 437,794437.8k $32.2m $32.2m 0.29% Added +318.6k +318,565
74 FIFTH THIRD BANCORP 0.15% of their portfolio CINCINNATI, OH 435,279435.3k $32.0m $32.0m 0.15% Added +29.5k +29,465
75 MACQUARIE GROUP LTD 0.04% of their portfolio Sydney, NSW 2000, C3 419,000419.0k $30.9m $30.9m 0.04% Unchanged
76 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.17% of their portfolio IRVING, TX 410,994411.0k $30.3m $30.3m 0.17% Reduced -26.1k -26,088
77 Invst, LLC 4.78% of their portfolio INDIANAPOLIS, IN 402,472402.5k $30.7m $30.7m 4.78% New
78 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 400,230400.2k $29.5m $29.5m 0.07% Reduced -5.6k -5,600
79 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 366,227366.2k $27.0m $27.0m 0.05% Added +8.9k +8,867
80 MARATHON ASSET MANAGEMENT LP 9.67% of their portfolio NEW YORK, NY 355,322355.3k $26.2m $26.2m 9.67% New
81 HSBC HOLDINGS PLC 0.03% of their portfolio LONDON, X0 353,497353.5k $26.0m $26.0m 0.03% Added +36.2k +36,206
82 Crescent Grove Advisors, LLC 2.68% of their portfolio LAKE FOREST, IL 349,564349.6k $25.7m $25.7m 2.68% New
83 AE Wealth Management LLC 0.19% of their portfolio TOPEKA, KS 347,736347.7k $25.6m $25.6m 0.19% Added +186.4k +186,448
84 Utah Retirement Systems 0.41% of their portfolio SALT LAKE CITY, UT 347,222347.2k $25.6m $25.6m 0.41% Unchanged
85 Insight Wealth Strategies, LLC 4.86% of their portfolio SAN RAMON, CA 341,724341.7k $25.2m $25.2m 4.86% Added +6.6k +6,586
86 SHENKMAN CAPITAL MANAGEMENT INC 1.29% of their portfolio NEW YORK, NY 340,000340.0k $20.8m $20.8m 1.29% New
87 Wealthstar Advisors, LLC 10.87% of their portfolio Plano, TX 324,569324.6k $23.9m $23.9m 10.87% Reduced -372 -372
88 Csenge Advisory Group 1.77% of their portfolio CLEARWATER, FL 310,867310.9k $22.9m $22.9m 1.77% Added +245.9k +245,894
89 New York Life Investment Management LLC 0.26% of their portfolio New York, NY 305,162305.2k $22.5m $22.5m 0.26% Added +296.6k +296,635
90 FSA WEALTH PARTNERS, INC. 14.50% of their portfolio Rockville, MD 305,118305.1k $22.5m $22.5m 14.50% New
91 Migdal Insurance & Financial Holdings Ltd. 0.49% of their portfolio Petach Tikva, L3 300,970301.0k $22.2m $22.2m 0.49% Added +300.4k +300,430
92 Allianz Investment Management U.S. LLC 2.01% of their portfolio Minneapolis, MN 300,000300.0k $22.1m $22.1m 2.01% Unchanged
93 Willis Johnson & Associates, Inc. 2.89% of their portfolio Houston, TX 299,951300.0k $22.1m $22.1m 2.89% Added +7.8k +7,818
94 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 282,885282.9k $20.8m $20.8m 0.02% Added +83.2k +83,170
95 Bank Julius Baer & Co. Ltd, Zurich 0.13% of their portfolio ZURICH, V8 263,777263.8k $19.4m $19.4m 0.13% Added +171.6k +171,586
96 Michelson Medical Research Foundation, Inc. 12.17% of their portfolio Los Angeles, CA 255,130255.1k $18.8m $18.8m 12.17% First filing
97 Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio TOKYO, M0 254,320254.3k $18.7m $18.7m 0.05% New
98 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 252,800252.8k $18.6m $18.6m 0.01% Unchanged
99 Prudent Man Advisors, LLC 7.47% of their portfolio NAPERVILLE, IL 252,628252.6k $18.5m $18.5m 7.47% Added +33.2k +33,191
100 Atria Wealth Solutions, Inc. 0.29% of their portfolio NEW YORK, NY 249,327249.3k $18.4m $18.4m 0.29% Added +124.1k +124,084