Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

ISHARES TR (HYG)

1K + Investors. Track Smart Money conviction in HYG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +65
Streak
1Q ▲
Buyers last Q
55%

Smart Money Signals — HYG

Based on 975 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added HYG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
975 hedge funds hold HYG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+37 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 55% buying

533 buying435 selling
Last quarter: 533 funds bought or added vs 435 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+46 vs last Q)

new funds entering per quarter
Funds opening a new HYG position: 112 → 119 → 115 → 161. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 15% new
661 out of 975 hedge funds have held HYG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -13%, value -85%

Value
-84%
Shares
-13%
Last quarter: funds added -13% more shares while total portfolio value only changed -85%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

144 → 112 → 119 → 115 → 161 new funds/Q
New funds entering each quarter: 112 → 119 → 115 → 161. A growing number of institutions are discovering HYG each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 10% 1-2yr ■ 20% new
Of 1,044 current holders: 732 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
26 of 975 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: HYG

How many hedge funds hold HYG — quarterly history vs. share price
Quarterly hedge fund ownership of HYG vs. share price

Market Analysis: HYG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HYG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

59 top-rated funds 18 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
3.8
/ 10
conviction
Hedge Fund Positioning: HYG
2026 Q1 Stats Unlock in 12 days 1K + Investors

Track Smart Money conviction in HYG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 1044 973 7.3%
13F Shares 845M 974M -13.18%
Total Value $80.62B $521.67B -84.55%
New Positions 169 117 +52
Increased Positions 443 477 -34
Closed Positions 101 129 -28
Reduced Positions 423 375 +48
Total Calls 32 28 14.29%
Total Puts 74 89 -16.85%
PUT/CALL Ratio 2.31 3.18 Bearish

Statistics: HYG

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HYG. Verified SEC 13F-HR filings.

Top 25 institutional holders of HYG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PartnerRe Asset Management CORP 80.57% 1,397,745 $111.2M
2 Fore Capital, LLC 37.94% 770,500 $61.3M
3 Japan Science & Technology Agency 17.18% 10,390,626 $826.7M
4 Summit Financial Consulting LLC 15.91% 279,386 $22.2M
5 SBI Okasan Asset Management Co.Ltd. 14.23% 4,405,210 $347.2M
6 Symetra Investment Management Co 9.32% 1,352,825 $108K
7 NewGen Asset Management Ltd 9.23% 300,000 $23.9M
8 Leonteq Securities AG 8.53% 2,900,000 $230.7M
9 Leonteq Securities AG 7.36% 2,500,000 $198.9M
10 Prossimo Advisors, LLC 6.39% 13,199 $1.1M
11 Broyhill Asset Management, LLC 5.88% 80,000 $6.4M
12 Towercrest Capital Management 5.74% 462,631 $36.8M
13 Alliance Wealth Management Group 5.19% 298,247 $23.7M
14 Kedalion Capital Management LLP 3.79% 1,660,000 $132.1M
15 Wealthstar Advisors, LLC 3.68% 98,745 $7.9M
16 Strong Tower Advisory Services 3.64% 243,418 $19.4M
17 Twele Capital Management, Inc. 3.44% 242,688 $19.3M
18 Torrey-Payne Wealth Management, LLC 3.38% 46,285 $3.7M
19 OxenFree Capital LLC 3.32% 84,960 $6.8M
20 Prudent Man Advisors, LLC 3.26% 136,743 $10.9M
21 Topel & Distasi Wealth Management, LLC 3.14% 76,313 $6.1M
22 CABANA LLC 3.06% 4,900 $390K
23 AMARILLO NATIONAL BANK 3.03% 215,898 $17.2M
24 Privium Fund Management (UK) Ltd 2.94% 73,770 $5.8M
25 Sagace Wealth Management LLC 2.62% 49,213 $3.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — ISHARES TR (HYG)

What does the Smart Money Trend signal show for HYG?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added HYG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HYG?

Slight buying edge — 55% buying: Last quarter: 533 funds bought or added vs 435 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HYG holders?

Strong quality — 30% AUM from major funds: 26 of 975 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held HYG?

68% of holders stayed for 2+ years: 661 out of 975 hedge funds have held HYG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.