Vault-13

ISHARES TR HYG

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

901 institutional holders -13 vs Q1 2024
225,200,342225.2m shares reported held*
$17.4bnreported value*
81 new 330 added 336 reduced 92 sold out net sold ≈ $4.0bn (-53.6m 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 ($16.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.30. Options: 33 managers hold calls ($8.2bn notional), 66 hold puts ($20.2bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 788Q4 22: 899Q1 23: 843Q2 23: 867Q3 23: 858Q4 23: 933Q1 24: 914Q2 24: 901901Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022788
Q4 2022899
Q1 2023843
Q2 2023867
Q3 2023858
Q4 2023933
Q1 2024914
Q2 2024901

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 22: 455 bought or addedQ4 22: 364 cut or sold outQ4 22Q1 23: 361 bought or addedQ1 23: 471 cut or sold outQ2 23: 395 bought or addedQ2 23: 405 cut or sold outQ2 23Q3 23: 352 bought or addedQ3 23: 430 cut or sold outQ4 23: 430 bought or addedQ4 23: 412 cut or sold outQ4 23Q1 24: 418 bought or addedQ1 24: 433 cut or sold outQ2 24: 411 bought or addedQ2 24: 428 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022455364
Q1 2023361471
Q2 2023395405
Q3 2023352430
Q4 2023430412
Q1 2024418433
Q2 2024411428

Calls vs puts

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

CallsPuts
$0$10bn$20bn$30bn$40bnQ3 23 calls: $6.8bnQ3 23 puts: $24.3bnQ3 23P/C 3.58Q4 23 calls: $8.5bnQ4 23 puts: $35.3bnQ4 23P/C 4.14Q1 24 calls: $9.3bnQ1 24 puts: $28.0bnQ1 24P/C 3.03Q2 24 calls: $8.2bnQ2 24 puts: $20.2bnQ2 24P/C 2.47
Numbers
QuarterCallsPutsP/C
Q3 2023$6.8bn$24.3bn3.58
Q4 2023$8.5bn$35.3bn4.14
Q1 2024$9.3bn$28.0bn3.03
Q2 2024$8.2bn$20.2bn2.47

Biggest buyers

JANE STREET GROUP, LLC Added +3,585,596+3.6m
STATE OF WISCONSIN INVESTMENT BOARD New +2,659,231+2.7m
ARISTEIA CAPITAL, L.L.C. Added +2,084,363+2.1m
ALLIANCEBERNSTEIN L.P. New +2,000,000+2.0m
Balyasny Asset Management L.P. Added +1,393,166+1.4m
BARCLAYS PLC Added +1,280,547+1.3m
WELLS FARGO & COMPANY/MN Added +1,037,830+1.0m
Allianz Asset Management GmbH Added +950,000+950.0k
Endurance Services Ltd Added +823,850+823.9k
Brevan Howard Capital Management LP New +750,000+750.0k

Biggest sellers

MORGAN STANLEY Reduced -29,396,361-29.4m
JPMORGAN CHASE & CO Reduced -19,424,044-19.4m
NYL Investors LLC Reduced -4,549,402-4.5m
BNP PARIBAS FINANCIAL MARKETS Reduced -3,969,407-4.0m
BW Gestao de Investimentos Ltda. Sold out -2,195,600-2.2m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,901,305-1.9m
HRT FINANCIAL LP Reduced -1,782,069-1.8m
CITADEL ADVISORS LLC Sold out -1,527,928-1.5m
GOLDMAN SACHS GROUP INC Reduced -1,525,386-1.5m
Global Assets Advisory, LLC Reduced -1,388,109-1.4m

Biggest calls

BARCLAYS PLC Added $3.6bn46.5m shares
BANK OF AMERICA CORP /DE/ Added $992.4m12.9m shares
CITADEL ADVISORS LLC Reduced $793.7m10.3m shares
GOLDMAN SACHS GROUP INC Reduced $438.5m5.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $347.2m4.5m shares
CITIGROUP INC Added $306.2m4.0m shares
Walleye Capital LLC Reduced $273.6m3.5m shares
Brevan Howard Capital Management LP Reduced $244.0m3.2m shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added $208.3m2.7m shares
MILLENNIUM MANAGEMENT LLC Reduced $184.5m2.4m shares

Biggest puts

CITADEL ADVISORS LLC Reduced $2.7bn35.1m shares
BANK OF AMERICA CORP /DE/ Added $2.6bn33.4m shares
GOLDMAN SACHS GROUP INC Reduced $1.2bn15.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2bn15.1m shares
CITIGROUP INC Reduced $1.2bn15.0m shares
WELLS FARGO & COMPANY/MN Added $1.1bn14.6m shares
MILLENNIUM MANAGEMENT LLC Reduced $813.5m10.5m shares
BlackRock Inc. Added $796.1m10.3m shares
UBS Group AG Added $769.1m10.0m shares
Walleye Capital LLC Reduced $616.1m8.0m 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clark Capital Management Group, Inc. 14.57% of their portfolio PHILADELPHIA, PA 25,696,32325.7m $2.0bn $2.0bn 14.57% Reduced -1.3m -1,250,059
2 BlackRock Inc. 0.03% of their portfolio New York, NY 14,491,26814.5m $1.1bn $1.1bn 0.03% Reduced -1.0m -1,019,950
3 JANE STREET GROUP, LLC 1.14% of their portfolio NEW YORK, NY 13,562,43213.6m $1.0bn $1.0bn 1.14% Added +3.6m +3,585,596
4 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 11,676,77711.7m $900.7m $900.7m 0.07% Reduced -29.4m -29,396,361
5 Japan Science & Technology Agency 11.13% of their portfolio TOKYO, M0 10,390,62610.4m $801.5m $801.5m 11.13% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.08% of their portfolio CHARLOTTE, NC 10,200,76810.2m $786.9m $786.9m 0.08% Added +697.4k +697,369
7 ASSETMARK, INC 1.71% of their portfolio CONCORD, CA 7,170,6997.2m $553.1m $553.1m 1.71% Reduced -287.1k -287,093
8 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 2.95% of their portfolio VICTORIA, A1 6,337,6186.3m $488.9m $488.9m 2.95% Reduced -324.0k -324,000
9 ROYAL BANK OF CANADA 0.11% of their portfolio TORONTO, A6 5,706,7645.7m $440.2m $440.2m 0.11% Added +243.0k +242,952
10 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 5,413,3385.4m $417.6m $417.6m 0.15% Reduced -133.4k -133,429
11 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 4,591,0044.6m $354.2m $354.2m 0.09% Added +1.0m +1,037,830
12 APG Asset Management US Inc. 1.84% of their portfolio New York, NY 4,186,0004.2m $321.1m $321.1m 1.84% Reduced -160.0k -160,000
13 NYL Investors LLC 20.66% of their portfolio NEW YORK, NY 3,763,0983.8m $290.3m $290.3m 20.66% Reduced -4.5m -4,549,402
14 Man Group plc 0.68% of their portfolio LONDON, X0 3,324,2693.3m $256.4m $256.4m 0.68% Reduced -145.7k -145,721
15 CITIGROUP INC 0.24% of their portfolio NEW YORK, NY 3,204,1553.2m $247.2m $247.2m 0.24% Reduced -1.1m -1,089,237
16 BNP PARIBAS FINANCIAL MARKETS 0.26% of their portfolio PARIS, I0 3,176,3903.2m $245.0m $245.0m 0.26% Reduced -4.0m -3,969,407
17 STATE OF WISCONSIN INVESTMENT BOARD 0.54% of their portfolio MADISON, WI 2,659,2312.7m $205.1m $205.1m 0.54% New
18 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,456,1722.5m $189.5m $189.5m 0.01% Reduced -19.4m -19,424,044
19 Ocean Park Asset Management, LLC 8.90% of their portfolio SANTA MONICA, CA 2,432,5002.4m $187.6m $187.6m 8.90% Added +79.1k +79,100
20 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,238,8452.2m $172.7m $172.7m 0.03% Reduced -1.5m -1,525,386
21 ARISTEIA CAPITAL, L.L.C. 6.30% of their portfolio GREENWICH, CT 2,194,8962.2m $169.3m $169.3m 6.30% Added +2.1m +2,084,363
22 BARCLAYS PLC 0.07% of their portfolio LONDON, X0 2,084,8802.1m $160.8m $160.8m 0.07% Added +1.3m +1,280,547
23 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 2,000,0002.0m $154.3m $154.3m 0.05% New
24 Endurance Services Ltd 28.44% of their portfolio PURCHASE, NY 1,972,7192.0m $152.2m $152.2m 28.44% Added +823.9k +823,850
25 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 1,961,6072.0m $151.3m $151.3m 0.17% Added +87.7k +87,739
26 MACKENZIE FINANCIAL CORP 0.20% of their portfolio TORONTO ONTARIO, A6 1,723,7741.7m $133.0m $133.0m 0.20% Reduced -38.8k -38,800
27 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.38% of their portfolio TORONTO, A6 1,644,5121.6m $126.9m $126.9m 0.38% Unchanged
28 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,638,9301.6m $126.4m $126.4m 0.03% Reduced -10.4k -10,392
29 Balyasny Asset Management L.P. 0.32% of their portfolio Chicago, IL 1,607,7131.6m $124.0m $124.0m 0.32% Added +1.4m +1,393,166
30 Allianz Asset Management GmbH 0.20% of their portfolio MUNICH, 2M 1,594,9101.6m $123.0m $123.0m 0.20% Added +950.0k +950,000
31 OSAIC HOLDINGS, INC. 0.28% of their portfolio SCOTTSDALE, AZ 1,512,3541.5m $116.7m $116.7m 0.28% Added +81.1k +81,106
32 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,489,6241.5m $114.9m $114.9m 0.04% Reduced -349.3k -349,255
33 iA Global Asset Management Inc. 2.16% of their portfolio QUEBEC, A8 1,464,1261.5m $112.9m $112.9m 2.16% Added +7.1k +7,093
34 State of Tennessee, Department of Treasury 0.40% of their portfolio NASHVILLE, TN 1,421,6761.4m $109.7m $109.7m 0.40% Added +158.7k +158,674
35 EMORY UNIVERSITY 67.56% of their portfolio ATLANTA, GA 1,360,2371.4m $104.9m $104.9m 67.56% Added +20.4k +20,367
36 Nan Shan Life Insurance Co., Ltd. 2.34% of their portfolio Taipei City, F5 1,284,6521.3m $99.1m $99.1m 2.34% Unchanged
37 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,179,3101.2m $91.0m $91.0m 0.05% Added +84.5k +84,505
38 TD Asset Management Inc 0.08% of their portfolio Toronto, A6 1,165,5111.2m $89.9m $89.9m 0.08% Added +422.0k +422,017
39 Geisinger Health 24.59% of their portfolio DANVILLE, PA 1,096,9151.1m $84.6m $84.6m 24.59% Added +17.1k +17,081
40 Nuveen Asset Management, LLC 0.02% of their portfolio CHICAGO, IL 1,076,3761.1m $83.0m $83.0m 0.02% Unchanged
41 TOEWS CORP /ADV 13.18% of their portfolio NORTHFIELD, NJ 1,035,0001.0m $79.8m $79.8m 13.18% Added +583.3k +583,300
42 Elliott Investment Management L.P. 0.76% of their portfolio WEST PALM BEACH, FL 1,020,0001.0m $78.7m $78.7m 0.76% Unchanged
43 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 998,944998.9k $77.1m $77.1m 0.02% Added +65.2k +65,244
44 Aristotle Pacific Capital, LLC 22.92% of their portfolio NEWPORT BEACH, CA 900,815900.8k $69.5m $69.5m 22.92% Added +61.0k +61,043
45 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 883,543883.5k $68.2m $68.2m 0.06% Added +2.1k +2,123
46 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 867,080867.1k $66.9m $66.9m 0.06% Added +619.5k +619,505
47 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 864,498864.5k $66.7m $66.7m 0.15% Reduced -150.3k -150,323
48 HRT FINANCIAL LP 0.38% of their portfolio NEW YORK, NY 861,177861.2k $66.4m $66.4m 0.38% Reduced -1.8m -1,782,069
49 PRUDENTIAL FINANCIAL INC 0.09% of their portfolio NEWARK, NJ 805,198805.2k $62.1m $62.1m 0.09% Reduced -306.8k -306,800
50 1832 Asset Management L.P. 0.11% of their portfolio TORONTO, A6 773,672773.7k $59.7m $59.7m 0.11% Reduced -90.0k -89,969
51 US BANCORP \DE\ 0.08% of their portfolio MINNEAPOLIS, MN 760,751760.8k $58.7m $58.7m 0.08% Added +56.8k +56,816
52 Brevan Howard Capital Management LP 3.79% of their portfolio ST. HELIER, Y9 750,000750.0k $57.9m $57.9m 3.79% New
53 Utah Retirement Systems 0.64% of their portfolio SALT LAKE CITY, UT 693,563693.6k $53.5m $53.5m 0.64% Unchanged
54 TORONTO DOMINION BANK 0.08% of their portfolio TORONTO, ONTARIO, A6 682,340682.3k $52.6m $52.6m 0.08% Added +573.8k +573,840
55 Thrivent Financial for Lutherans 0.11% of their portfolio Minneapolis, MN 678,073678.1k $52.3m $52.3m 0.11% Added +210.8k +210,815
56 Parallax Volatility Advisers, L.P. 1.22% of their portfolio San Francisco, CA 621,768621.8k $48.0m $48.0m 1.22% New
57 RK Capital Management, LLC/FL 24.18% of their portfolio Weston, FL 600,000600.0k $46.3m $46.3m 24.18% New
58 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.41% of their portfolio TOKYO, M0 587,167587.2k $45.3m $45.3m 1.41% Added +20.9k +20,934
59 DEUTSCHE BANK AG\ 0.02% of their portfolio FRANKFURT AM MAIN, 2M 534,875534.9k $41.3m $41.3m 0.02% Added +269.4k +269,380
60 CI INVESTMENTS INC. 0.16% of their portfolio TORONTO, Z4 528,022528.0k $40.7m $40.7m 0.16% Added +80.4k +80,400
61 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 517,127517.1k $39.9m $39.9m 0.01% Reduced -37.0k -36,993
62 SG Americas Securities, LLC 0.25% of their portfolio NEW YORK, NY 504,755504.8k $38.9m $38.9m 0.25% Added +499.5k +499,501
63 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 471,159471.2k $36.3m $36.3m 0.15% Added +16.3k +16,279
64 Focus Partners Wealth 0.12% of their portfolio ST LOUIS, MO 448,128448.1k $34.6m $34.6m 0.12% Added +223.0k +222,997
65 Centiva Capital, LP 1.58% of their portfolio New York, NY 423,842423.8k $32.7m $32.7m 1.58% New
66 National Philanthropic Trust 0.62% of their portfolio Jenkintown, PA 421,503421.5k $32.5m $32.5m 0.62% Added +56.0k +55,996
67 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 419,832419.8k $32.4m $32.4m 0.02% Added +4.4k +4,405
68 ALLSTATE CORP 2.60% of their portfolio NORTHBROOK, IL 415,641415.6k $32.1m $32.1m 2.60% Reduced -1.2m -1,165,884
69 BlueCrest Capital Management Ltd 5.24% of their portfolio ST HELIER, Y9 388,215388.2k $29.9m $29.9m 5.24% Added +307.0k +306,968
70 MESIROW FINANCIAL INVESTMENT MANAGEMENT - Fixed Income 25.08% of their portfolio CHICAGO, IL 378,000378.0k $29.2m $29.2m 25.08% Added +326.0k +326,000
71 Pure Financial Advisors, LLC 0.79% of their portfolio SAN DIEGO, CA 370,401370.4k $28.6m $28.6m 0.79% Added +21.2k +21,161
72 Apollon Wealth Management, LLC 0.86% of their portfolio MOUNT PLEASANT, SC 365,010365.0k $28.2m $28.2m 0.86% Reduced -1.4k -1,420
73 STEVENS CAPITAL MANAGEMENT LP 9.47% of their portfolio RADNOR, PA 362,854362.9k $28.0m $28.0m 9.47% Added +247.2k +247,176
74 Towercrest Capital Management 4.56% of their portfolio NEWTOWN, PA 359,487359.5k $27.7m $27.7m 4.56% Added +15.9k +15,921
75 Counterpoint Mutual Funds LLC 6.14% of their portfolio San Diego, CA 341,207341.2k $26.3m $26.3m 6.14% Added +54.7k +54,746
76 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 336,525336.5k $26.1m $26.1m 0.01% Reduced -55.6k -55,610
77 COMERICA BANK 0.11% of their portfolio DALLAS, TX 335,383335.4k $25.9m $25.9m 0.11% Added +173.3k +173,260
78 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.27% of their portfolio Madrid, U3 332,712332.7k $25.7m $25.7m 0.27% Added +123.4k +123,421
79 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 328,000328.0k $25.3m $25.3m 0.04% Added +276.0k +276,000
80 Bank Julius Baer & Co. Ltd, Zurich 0.11% of their portfolio ZURICH, V8 324,275324.3k $27.8m $27.8m 0.11% Reduced -88.5k -88,492
81 HUNTINGTON NATIONAL BANK 0.19% of their portfolio COLUMBUS, OH 323,955324.0k $25.0m $25.0m 0.19% Added +43.0k +42,982
82 PRUDENTIAL PLC 0.17% of their portfolio LONDON, X0 320,665320.7k $24.7m $24.7m 0.17% Reduced -10.2k -10,190
83 Hikari Tsushin, Inc. 1.84% of their portfolio TOKYO, M0 307,661307.7k $23.7m $23.7m 1.84% Added +88.2k +88,187
84 Allianz Investment Management U.S. LLC 1.48% of their portfolio Minneapolis, MN 300,000300.0k $23.1m $23.1m 1.48% Unchanged
85 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 294,700294.7k $22.7m $22.7m 0.18% Added +18.5k +18,500
86 BANK OF NOVA SCOTIA 0.04% of their portfolio TORONTO, A6 292,020292.0k $22.5m $22.5m 0.04% Added +275.9k +275,859
87 FIFTH THIRD BANCORP 0.09% of their portfolio CINCINNATI, OH 291,712291.7k $22.5m $22.5m 0.09% Reduced -11.6k -11,612
88 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 290,000290.0k $22.4m $22.4m 0.03% Unchanged
89 Jefferies Financial Group Inc. 0.44% of their portfolio NEW YORK, NY 287,520287.5k $22.2m $22.2m 0.44% Added +280.6k +280,620
90 Rafferty Asset Management, LLC 0.08% of their portfolio New York, NY 283,603283.6k $21.9m $21.9m 0.08% Reduced -97.9k -97,900
91 Invst, LLC 2.40% of their portfolio INDIANAPOLIS, IN 283,483283.5k $21.7m $21.7m 2.40% Reduced -8.5k -8,478
92 Prudent Man Advisors, LLC 7.59% of their portfolio NAPERVILLE, IL 278,226278.2k $21.5m $21.5m 7.59% Added +13.7k +13,670
93 EHP Funds Inc. 10.41% of their portfolio TORONTO, Z4 273,000273.0k $21.1m $21.1m 10.41% Added +17.6k +17,574
94 CBIZ Investment Advisory Services, LLC 1.18% of their portfolio INDEPENDENCE, OH 272,773272.8k $21.0m $21.0m 1.18% Added +31.5k +31,453
95 Redwood Investment Management, LLC 1.80% of their portfolio SCOTTSDALE, AZ 270,000270.0k $20.8m $20.8m 1.80% New
96 Csenge Advisory Group 1.15% of their portfolio CLEARWATER, FL 261,900261.9k $20.2m $20.2m 1.15% Reduced -4.7k -4,744
97 Hunting Hill Global Capital, LLC 9.55% of their portfolio New York, NY 250,000250.0k $19.3m $19.3m 9.55% Added +6.0k +5,991
98 Stairway Partners, LLC 1.51% of their portfolio MINNEAPOLIS, MN 249,904249.9k $19.3m $19.3m 1.51% Added +7.9k +7,870
99 KWMG, LLC 2.06% of their portfolio OVERLAND PARK, KS 247,337247.3k $19.1m $19.1m 2.06% Added +14.6k +14,573
100 Twele Capital Management, Inc. 4.26% of their portfolio MINNETONKA, MN 243,766243.8k $18.8m $18.8m 4.26% Reduced -1.3k -1,322