Vault-13

ISHARES TR HYG

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

900 institutional holders -1 vs Q2 2024
243,658,054243.7m shares reported held*
$19.6bnreported value*
86 new 338 added 315 reduced 87 sold out net bought ≈ $1.3bn (+16.4m 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 ($8.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $80.44. Options: 30 managers hold calls ($7.8bn notional), 69 hold puts ($25.2bn).

Trends to Q3 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: 901Q3 24: 900900Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022788
Q4 2022899
Q1 2023843
Q2 2023867
Q3 2023858
Q4 2023933
Q1 2024914
Q2 2024901
Q3 2024900

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 outQ1 23: 361 bought or addedQ1 23: 471 cut or sold outQ1 23Q2 23: 395 bought or addedQ2 23: 405 cut or sold outQ3 23: 352 bought or addedQ3 23: 430 cut or sold outQ3 23Q4 23: 430 bought or addedQ4 23: 412 cut or sold outQ1 24: 418 bought or addedQ1 24: 433 cut or sold outQ1 24Q2 24: 411 bought or addedQ2 24: 428 cut or sold outQ3 24: 424 bought or addedQ3 24: 402 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022455364
Q1 2023361471
Q2 2023395405
Q3 2023352430
Q4 2023430412
Q1 2024418433
Q2 2024411428
Q3 2024424402

Calls vs puts

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

CallsPuts
$0$10bn$20bn$30bn$40bnQ4 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 2.47Q3 24 calls: $7.8bnQ3 24 puts: $25.2bnQ3 24P/C 3.21
Numbers
QuarterCallsPutsP/C
Q4 2023$8.5bn$35.3bn4.14
Q1 2024$9.3bn$28.0bn3.03
Q2 2024$8.2bn$20.2bn2.47
Q3 2024$7.8bn$25.2bn3.21

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +5,344,494+5.3m
BANK OF AMERICA CORP /DE/ Added +4,883,631+4.9m
HSBC HOLDINGS PLC Added +4,695,910+4.7m
GOLDMAN SACHS GROUP INC Added +3,905,258+3.9m
LOOMIS SAYLES & CO L P Added +3,775,150+3.8m
Nuveen Asset Management, LLC Added +3,422,162+3.4m
Knighthead Capital Management, LLC New +3,000,000+3.0m
BNP PARIBAS Added +2,691,493+2.7m
APG Asset Management US Inc. Added +1,840,000+1.8m
WELLS FARGO & COMPANY/MN Added +1,437,905+1.4m

Biggest sellers

JANE STREET GROUP, LLC Reduced -11,086,233-11.1m
STATE OF WISCONSIN INVESTMENT BOARD Sold out -2,659,231-2.7m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -2,298,800-2.3m
ARISTEIA CAPITAL, L.L.C. Sold out -2,194,896-2.2m
ALLIANCEBERNSTEIN L.P. Sold out -2,000,000-2.0m
Balyasny Asset Management L.P. Reduced -1,506,528-1.5m
EMORY UNIVERSITY Sold out -1,360,237-1.4m
Clark Capital Management Group, Inc. Reduced -1,205,811-1.2m
Elliott Investment Management L.P. Sold out -1,020,000-1.0m
Man Group plc Reduced -1,000,734-1.0m

Biggest calls

BANK OF AMERICA CORP /DE/ Added $1.0bn13.0m shares
CITIGROUP INC Added $900.1m11.2m shares
GOLDMAN SACHS GROUP INC Added $885.3m11.0m shares
JANE STREET GROUP, LLC New $805.5m10.0m shares
CITADEL ADVISORS LLC Reduced $709.5m8.8m shares
BARCLAYS PLC Reduced $464.2m5.8m shares
Laurion Capital Management LP Added $397.5m5.0m shares
MILLENNIUM MANAGEMENT LLC Added $390.0m4.9m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $350.4m4.4m shares
Walleye Capital LLC Added $322.3m4.0m shares

Biggest puts

BARCLAYS PLC New $4.7bn58.9m shares
GOLDMAN SACHS GROUP INC Added $2.7bn33.4m shares
BANK OF AMERICA CORP /DE/ Reduced $2.7bn33.1m shares
CITADEL ADVISORS LLC Reduced $1.8bn23.0m shares
CITIGROUP INC Added $1.8bn22.7m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6bn20.1m shares
JANE STREET GROUP, LLC New $1.3bn16.0m shares
WELLS FARGO & COMPANY/MN Reduced $802.2m10.0m shares
MILLENNIUM MANAGEMENT LLC Reduced $771.2m9.6m shares
UBS Group AG Reduced $751.7m9.4m 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Clark Capital Management Group, Inc. 13.46% of their portfolio PHILADELPHIA, PA 24,490,51224.5m $2.0bn $2.0bn 13.46% Reduced -1.2m -1,205,811
2 BlackRock, Inc. 0.03% of their portfolio New York, NY 17,370,10017.4m $1.4bn $1.4bn 0.03% First filing
3 BANK OF AMERICA CORP /DE/ 0.11% of their portfolio CHARLOTTE, NC 15,084,39915.1m $1.2bn $1.2bn 0.11% Added +4.9m +4,883,631
4 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 12,874,57512.9m $1.0bn $1.0bn 0.07% Added +1.2m +1,197,798
5 Japan Science & Technology Agency 11.03% of their portfolio TOKYO, M0 10,390,62610.4m $834.4m $834.4m 11.03% Unchanged
6 BNP PARIBAS FINANCIAL MARKETS 0.67% of their portfolio PARIS, I0 8,520,8848.5m $684.2m $684.2m 0.67% Added +5.3m +5,344,494
7 ASSETMARK, INC 1.64% of their portfolio CONCORD, CA 7,112,8837.1m $571.2m $571.2m 1.64% Reduced -57.8k -57,816
8 ROYAL BANK OF CANADA 0.12% of their portfolio TORONTO, A6 6,524,4186.5m $523.9m $523.9m 0.12% Added +817.7k +817,654
9 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 6,144,1036.1m $493.4m $493.4m 0.09% Added +3.9m +3,905,258
10 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 6,028,9096.0m $484.1m $484.1m 0.12% Added +1.4m +1,437,905
11 APG Asset Management US Inc. 3.26% of their portfolio New York, NY 6,026,0006.0m $481.3m $481.3m 3.26% Added +1.8m +1,840,000
12 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 5,639,9385.6m $452.9m $452.9m 0.15% Added +226.6k +226,600
13 HSBC HOLDINGS PLC 0.25% of their portfolio LONDON, X0 4,886,6554.9m $392.4m $392.4m 0.25% Added +4.7m +4,695,910
14 Nuveen Asset Management, LLC 0.10% of their portfolio CHICAGO, IL 4,498,5384.5m $361.2m $361.2m 0.10% Added +3.4m +3,422,162
15 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 1.95% of their portfolio VICTORIA, A1 4,038,8184.0m $324.3m $324.3m 1.95% Reduced -2.3m -2,298,800
16 LOOMIS SAYLES & CO L P 0.41% of their portfolio BOSTON, MA 3,903,8303.9m $313.5m $313.5m 0.41% Added +3.8m +3,775,150
17 NYL Investors LLC 19.07% of their portfolio NEW YORK, NY 3,763,0983.8m $302.2m $302.2m 19.07% Unchanged
18 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,684,9723.7m $295.9m $295.9m 0.01% Added +1.2m +1,228,800
19 BARCLAYS PLC 0.12% of their portfolio LONDON, X0 3,407,0793.4m $273.6m $273.6m 0.12% Added +1.3m +1,322,199
20 CITIGROUP INC 0.23% of their portfolio NEW YORK, NY 3,057,8873.1m $245.5m $245.5m 0.23% Reduced -146.3k -146,268
21 Knighthead Capital Management, LLC 12.53% of their portfolio NEW YORK, NY 3,000,0003.0m $240.9m $240.9m 12.53% New
22 BNP PARIBAS 9.41% of their portfolio NEW YORK, NY 2,820,7012.8m $226.5m $226.5m 9.41% Added +2.7m +2,691,493
23 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.51% of their portfolio TORONTO, A6 2,594,5122.6m $208.3m $208.3m 0.51% Added +950.0k +950,000
24 JANE STREET GROUP, LLC 0.32% of their portfolio NEW YORK, NY 2,476,1992.5m $198.8m $198.8m 0.32% Reduced -11.1m -11,086,233
25 Ocean Park Asset Management, LLC 8.57% of their portfolio SANTA MONICA, CA 2,432,5002.4m $195.3m $195.3m 8.57% Unchanged
26 Man Group plc 0.53% of their portfolio LONDON, X0 2,323,5352.3m $186.6m $186.6m 0.53% Reduced -1.0m -1,000,734
27 Endurance Services Ltd 26.54% of their portfolio PURCHASE, NY 1,972,7192.0m $158.4m $158.4m 26.54% Unchanged
28 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 1,908,9591.9m $153.3m $153.3m 0.16% Reduced -52.6k -52,648
29 MACKENZIE FINANCIAL CORP 0.20% of their portfolio TORONTO ONTARIO, A6 1,754,2541.8m $140.9m $140.9m 0.20% Added +30.5k +30,480
30 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,618,1871.6m $129.9m $129.9m 0.04% Added +128.6k +128,563
31 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,585,1791.6m $127.0m $127.0m 0.03% Reduced -53.8k -53,751
32 Susquehanna International Group Ltd. 25.76% of their portfolio DUBLIN, L2 1,515,0481.5m $121.7m $121.7m 25.76% Added +1.4m +1,425,833
33 D. E. Shaw & Co., Inc. 0.15% of their portfolio New York, NY 1,429,8001.4m $114.8m $114.8m 0.15% New
34 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 1,398,5831.4m $112.4m $112.4m 0.10% Added +233.1k +233,072
35 State of Tennessee, Department of Treasury 0.39% of their portfolio NASHVILLE, TN 1,389,9851.4m $111.6m $111.6m 0.39% Reduced -31.7k -31,691
36 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,341,9431.3m $107.8m $107.8m 0.05% Added +162.6k +162,633
37 Allianz Asset Management GmbH 0.16% of their portfolio MUNICH, 2M 1,325,2541.3m $106.4m $106.4m 0.16% Reduced -269.7k -269,656
38 Nan Shan Life Insurance Co., Ltd. 2.43% of their portfolio Taipei City, F5 1,284,6521.3m $103.2m $103.2m 2.43% Unchanged
39 OSAIC HOLDINGS, INC. 0.23% of their portfolio SCOTTSDALE, AZ 1,252,2411.3m $100.6m $100.6m 0.23% Reduced -260.1k -260,113
40 Jefferies Financial Group Inc. 1.56% of their portfolio NEW YORK, NY 1,189,8771.2m $95.5m $95.5m 1.56% Added +902.4k +902,357
41 iA Global Asset Management Inc. 1.63% of their portfolio QUEBEC, A8 1,153,9011.2m $92.7m $92.7m 1.63% Reduced -310.2k -310,225
42 Aristotle Pacific Capital, LLC 26.49% of their portfolio NEWPORT BEACH, CA 1,149,5371.1m $92.3m $92.3m 26.49% Added +248.7k +248,722
43 CITADEL ADVISORS LLC 0.09% of their portfolio MIAMI, FL 1,048,4801.0m $84.2m $84.2m 0.09% New
44 GTS SECURITIES LLC 1.68% of their portfolio NEW YORK, NY 1,042,0011.0m $83.7m $83.7m 1.68% Added +1.0m +1,038,134
45 ARES MANAGEMENT LLC 2.23% of their portfolio LOS ANGELES, CA 1,000,0001.0m $80.3m $80.3m 2.23% New
46 NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio NEW YORK, NY 915,600915.6k $73.5m $73.5m 0.06% Added +32.1k +32,057
47 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 868,462868.5k $69.7m $69.7m 0.15% Added +4.0k +3,964
48 PRUDENTIAL FINANCIAL INC 0.10% of their portfolio NEWARK, NJ 853,184853.2k $68.5m $68.5m 0.10% Added +48.0k +47,986
49 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 849,951850.0k $68.3m $68.3m 0.13% Added +171.9k +171,878
50 TOEWS CORP /ADV 8.47% of their portfolio NORTHFIELD, NJ 787,000787.0k $63.2m $63.2m 8.47% Reduced -248.0k -248,000
51 US BANCORP \DE\ 0.08% of their portfolio MINNEAPOLIS, MN 785,077785.1k $63.0m $63.0m 0.08% Added +24.3k +24,326
52 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 773,672773.7k $62.1m $62.1m 0.10% Unchanged
53 HRT FINANCIAL LP 0.27% of their portfolio NEW YORK, NY 628,858628.9k $50.5m $50.5m 0.27% Reduced -232.3k -232,319
54 SUMITOMO MITSUI FINANCIAL GROUP, INC. 1.11% of their portfolio TOKYO, M0 613,976614.0k $49.3m $49.3m 1.11% Added +26.8k +26,809
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio BALA CYNWYD, PA 596,062596.1k $47.9m $47.9m 0.08% Added +563.6k +563,555
56 CI INVESTMENTS INC. 0.17% of their portfolio TORONTO, Z4 558,358558.4k $44.8m $44.8m 0.17% Added +30.3k +30,336
57 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 535,460535.5k $43.0m $43.0m 0.16% Added +64.3k +64,301
58 STEVENS CAPITAL MANAGEMENT LP 6.01% of their portfolio RADNOR, PA 525,762525.8k $42.2m $42.2m 6.01% Added +162.9k +162,908
59 National Philanthropic Trust 0.76% of their portfolio Jenkintown, PA 519,054519.1k $41.7m $41.7m 0.76% Added +97.6k +97,551
60 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 490,122490.1k $39.4m $39.4m 0.01% Reduced -27.0k -27,005
61 Bank Julius Baer & Co. Ltd, Zurich 0.15% of their portfolio ZURICH, V8 481,811481.8k $45.9m $45.9m 0.15% Added +157.5k +157,536
62 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 425,648425.6k $34.2m $34.2m 0.02% Added +5.8k +5,816
63 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio Boston, MA 402,500402.5k $32.3m $32.3m 0.01% New
64 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 392,377392.4k $31.5m $31.5m 0.05% Added +189.6k +189,564
65 Pure Financial Advisors, LLC 0.75% of their portfolio SAN DIEGO, CA 388,352388.4k $31.2m $31.2m 0.75% Added +18.0k +17,951
66 Edgestream Partners, L.P. 1.36% of their portfolio Princeton, NJ 384,560384.6k $30.9m $30.9m 1.36% New
67 Towercrest Capital Management 4.74% of their portfolio NEWTOWN, PA 366,312366.3k $29.4m $29.4m 4.74% Added +6.8k +6,825
68 Walleye Capital LLC 0.31% of their portfolio NEW YORK, NY 365,038365.0k $29.3m $29.3m 0.31% New
69 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 355,301355.3k $28.6m $28.6m 0.01% Added +18.8k +18,776
70 ALLSTATE CORP 2.67% of their portfolio NORTHBROOK, IL 348,946348.9k $28.0m $28.0m 2.67% Reduced -66.7k -66,695
71 Howard Capital Management, LLC 0.46% of their portfolio Alpharetta, GA 346,760346.8k $27.8m $27.8m 0.46% Added +330.1k +330,097
72 COMERICA BANK 0.11% of their portfolio DALLAS, TX 345,606345.6k $27.8m $27.8m 0.11% Added +10.2k +10,223
73 Hudson Bay Capital Management LP 0.19% of their portfolio STAMFORD, CT 345,000345.0k $27.7m $27.7m 0.19% New
74 Hikari Tsushin, Inc. 1.96% of their portfolio TOKYO, M0 343,165343.2k $27.6m $27.6m 1.96% Added +35.5k +35,504
75 HUNTINGTON NATIONAL BANK 0.20% of their portfolio COLUMBUS, OH 339,423339.4k $27.3m $27.3m 0.20% Added +15.5k +15,468
76 Counterpoint Mutual Funds LLC 4.80% of their portfolio San Diego, CA 315,618315.6k $25.3m $25.3m 4.80% Reduced -25.6k -25,589
77 PRUDENTIAL PLC 0.13% of their portfolio LONDON, X0 315,515315.5k $25.3m $25.3m 0.13% Reduced -5.2k -5,150
78 Allianz Investment Management U.S. LLC 1.64% of their portfolio Minneapolis, MN 300,000300.0k $24.1m $24.1m 1.64% Unchanged
79 Stairway Partners, LLC 1.53% of their portfolio MINNEAPOLIS, MN 297,484297.5k $23.9m $23.9m 1.53% Added +47.6k +47,580
80 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.24% of their portfolio Madrid, U3 293,807293.8k $23.6m $23.6m 0.24% Reduced -38.9k -38,905
81 MACQUARIE GROUP LTD 0.03% of their portfolio Sydney, NSW 2000, C3 290,000290.0k $23.3m $23.3m 0.03% Unchanged
82 CBIZ Investment Advisory Services, LLC 1.19% of their portfolio INDEPENDENCE, OH 285,571285.6k $22.9m $22.9m 1.19% Added +12.8k +12,798
83 Prudent Man Advisors, LLC 7.50% of their portfolio NAPERVILLE, IL 279,975280.0k $22.5m $22.5m 7.50% Added +1.7k +1,749
84 FIFTH THIRD BANCORP 0.08% of their portfolio CINCINNATI, OH 270,382270.4k $21.7m $21.7m 0.08% Reduced -21.3k -21,330
85 Tidal Investments LLC 0.23% of their portfolio Milwaukee, WI 261,599261.6k $21.0m $21.0m 0.23% Added +38.4k +38,381
86 KWMG, LLC 2.07% of their portfolio OVERLAND PARK, KS 256,129256.1k $20.6m $20.6m 2.07% Added +8.8k +8,792
87 Rafferty Asset Management, LLC 0.07% of their portfolio New York, NY 251,361251.4k $20.2m $20.2m 0.07% Reduced -32.2k -32,242
88 Money Design Co.,Ltd. 1.00% of their portfolio TOKYO, M0 249,909249.9k $20.1m $20.1m 1.00% New
89 Williams Jones Wealth Management, LLC. 0.23% of their portfolio NEW YORK, NY 245,275245.3k $19.7m $19.7m 0.23% Added +16.0k +16,000
90 Trust Co 2.36% of their portfolio MANHATTAN, KS 244,762244.8k $19.7m $19.7m 2.36% Added +6.9k +6,894
91 Twele Capital Management, Inc. 4.10% of their portfolio MINNETONKA, MN 243,535243.5k $19.6m $19.6m 4.10% Reduced -231 -231
92 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 242,823242.8k $19.5m $19.5m 0.11% Added +20.4k +20,352
93 VIEWPOINT INVESTMENT PARTNERS CORP 15.57% of their portfolio CALGARY, A0 241,600241.6k $19.4m $19.4m 15.57% Added +120.3k +120,300
94 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 238,226238.2k $19.1m $19.1m 0.01% Reduced -296.6k -296,649
95 Summit Global Investments 1.18% of their portfolio BOUNTIFUL, UT 230,901230.9k $18.5m $18.5m 1.18% Added +28.3k +28,263
96 Atria Wealth Solutions, Inc. 0.20% of their portfolio NEW YORK, NY 228,733228.7k $18.4m $18.4m 0.20% Reduced -10.8k -10,819
97 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 225,440225.4k $18.1m $18.1m 0.02% Reduced -14.0k -13,987
98 EHP Funds Inc. 12.47% of their portfolio TORONTO, Z4 221,500221.5k $17.8m $17.8m 12.47% Reduced -51.5k -51,500
99 Csenge Advisory Group 0.91% of their portfolio CLEARWATER, FL 218,303218.3k $17.4m $17.4m 0.91% Reduced -43.6k -43,597
100 Prime Capital Investment Advisors, LLC 0.25% of their portfolio OVERLAND PARK, KS 215,643215.6k $17.3m $17.3m 0.25% Added +28.6k +28,591