Who owns HYG (HYG)
Which tracked institutional funds hold HYG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See HYG company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
180 tracked funds added or opened HYG while 217 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
HYG’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.3pp gap the other way — the median holder sizes HYG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in HYG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 977 tracked filers holding HYG, 472 increased or opened the position and 476 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in HYG between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 40
- Brevan Howard Capital Management LP$511M
- SBI Okasan Asset Management Co.Ltd.$347M
- Banco BTG Pactual S.A.$57M
- Optiver Holding B.V.$48M
- OLD MISSION CAPITAL LLC$45M
- Corebridge Financial, Inc.$39M
Full exits 58
- Elliott Investment Management L.P.$306M
- Verition Fund Management LLC$109M
- Nan Shan Life Insurance Co., Ltd.$104M
- Pictet Asset Management Holding SA$92M
- WINTON GROUP Ltd$50M
- Squarepoint Ops LLC$41M
Largest adds
- MORGAN STANLEY$620M
- BANK OF AMERICA CORP /DE/$608M
- JPMORGAN CHASE & CO$339M
- BNP PARIBAS FINANCIAL MARKETS$230M
- BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp$201M
- CITIGROUP INC$163M
Largest trims
- BlackRock, Inc.$755M
- NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC$422M
- ONTARIO TEACHERS PENSION PLAN BOARD$368M
- Nuveen, LLC$353M
- Counterpoint Mutual Funds LLC$277M
- HSBC HOLDINGS PLC$269M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 26,248,048 | $2.1B | 9.8% | 2026-Q1 |
| Clark Capital Management Group, Inc. added | 18,968,084 | $1.5B | 7.1% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 18,911,852 | $1.5B | 7.1% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 14,920,618 | $1.2B | 5.6% | 2026-Q1 |
| BlackRock, Inc. trimmed | 14,282,536 | $1.1B | 5.3% | 2026-Q1 |
| Japan Science & Technology Agency | 10,390,626 | $827M | 3.9% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 7,568,177 | $602M | 2.8% | 2026-Q1 |
| ASSETMARK, INC trimmed | 6,941,666 | $552M | 2.6% | 2026-Q1 |
| ONTARIO TEACHERS PENSION PLAN BOARD trimmed | 6,570,000 | $523M | 2.5% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 6,499,272 | $517M | 2.4% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 6,420,000 | $511M | 2.4% | 2026-Q1 |
| APG Asset Management US Inc. added | 6,197,274 | $492M | 2.3% | 2026-Q1 |
| UBS Group AG added | 6,075,951 | $483M | 2.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 6,038,694 | $476M | 2.2% | 2026-Q1 |
| BARCLAYS PLC added | 5,537,910 | $441M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 5,219,478 | $415M | 2.0% | 2026-Q1 |
| CITIGROUP INC added | 5,065,627 | $403M | 1.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 4,957,355 | $394M | 1.9% | 2026-Q1 |
| Nuveen, LLC trimmed | 4,942,508 | $393M | 1.8% | 2026-Q1 |
| SBI Okasan Asset Management Co.Ltd. new | 4,405,210 | $347M | 1.6% | 2026-Q1 |
| TD Asset Management Inc added | 3,761,517 | $299M | 1.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 3,202,162 | $255M | 1.2% | 2026-Q1 |
| LPL Financial LLC trimmed | 2,732,850 | $217M | 1.0% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 2,727,066 | $217M | 1.0% | 2026-Q1 |
| Ocean Park Asset Management, LLC trimmed | 2,690,091 | $214M | 1.0% | 2026-Q1 |
| Endurance Services Ltd added | 2,363,696 | $188M | 0.9% | 2026-Q1 |
| BNP PARIBAS trimmed | 2,361,821 | $188M | 0.9% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 2,249,013 | $179M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,110,891 | $168M | 0.8% | 2026-Q1 |
| ALLSTATE CORP added | 1,893,302 | $151M | 0.7% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 1,785,122 | $142M | 0.7% | 2026-Q1 |
| HRT FINANCIAL LP added | 1,707,166 | $136M | 0.6% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 1,702,851 | $135M | 0.6% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 1,586,432 | $126M | 0.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,553,652 | $123M | 0.6% | 2026-Q1 |
| Elo Mutual Pension Insurance Co | 1,400,000 | $111M | 0.5% | 2026-Q1 |
| PartnerRe Asset Management CORP | 1,397,745 | $111M | 0.5% | 2026-Q1 |
| Symetra Investment Management Co added | 1,352,825 | $108M | 0.5% | 2026-Q1 |
| iA Global Asset Management Inc. added | 1,350,820 | $107M | 0.5% | 2026-Q1 |
| Cetera Investment Advisers added | 1,179,213 | $94M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 1,172,886 | $93M | 0.4% | 2026-Q1 |
| Liberty Mutual Group Asset Management Inc. trimmed | 1,071,233 | $85M | 0.4% | 2026-Q1 |
| State of Tennessee, Department of Treasury trimmed | 894,037 | $71M | 0.3% | 2026-Q1 |
| Bain Capital Credit, LP added | 889,077 | $71M | 0.3% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 847,469 | $67M | 0.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 843,045 | $67M | 0.3% | 2026-Q1 |
| Jefferies Financial Group Inc. added | 836,081 | $67M | 0.3% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 828,290 | $66M | 0.3% | 2026-Q1 |
| National Philanthropic Trust added | 793,126 | $63M | 0.3% | 2026-Q1 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. added | 776,830 | $62M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 742,589 | $59M | 0.3% | 2026-Q1 |
| Banco BTG Pactual S.A. added | 712,975 | $57M | 0.3% | 2026-Q1 |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC trimmed | 615,000 | $49M | 0.2% | 2026-Q1 |
| Optiver Holding B.V. added | 605,577 | $48M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 591,992 | $47M | 0.2% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 567,895 | $45M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 564,137 | $45M | 0.2% | 2026-Q1 |
| Pure Financial Advisors, LLC added | 533,868 | $42M | 0.2% | 2026-Q1 |
| CI INVESTMENTS INC. added | 525,328 | $42M | 0.2% | 2026-Q1 |
| Corebridge Financial, Inc. trimmed | 500,000 | $39M | 0.2% | 2026-Q1 |
| TORONTO DOMINION BANK added | 483,289 | $38M | 0.2% | 2026-Q1 |
| DV Trading LLC added | 470,849 | $37M | 0.2% | 2026-Q1 |
| Towercrest Capital Management added | 462,631 | $37M | 0.2% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP | 446,843 | $36M | 0.2% | 2026-Q1 |
| CBIZ Investment Advisory Services, LLC added | 441,115 | $35M | 0.2% | 2026-Q1 |
| CTC LLC added | 419,774 | $33M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 404,383 | $32M | 0.2% | 2026-Q1 |
| IMC-Chicago, LLC added | 404,180 | $32M | 0.2% | 2026-Q1 |
| DSC Meridian Capital LP added | 402,329 | $32M | 0.2% | 2026-Q1 |
| Deseret Mutual Benefit Administrators trimmed | 395,455 | $31M | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 394,518 | $31M | 0.1% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 385,030 | $31M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 356,387 | $28M | 0.1% | 2026-Q1 |
| 1832 Asset Management L.P. | 354,301 | $28M | 0.1% | 2026-Q1 |
| Howard Capital Management Inc. trimmed | 348,192 | $28M | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 344,783 | $27M | 0.1% | 2026-Q1 |
| Hikari Tsushin, Inc. | 343,165 | $27M | 0.1% | 2026-Q1 |
| Stairway Partners, LLC added | 326,029 | $26M | 0.1% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 325,000 | $26M | 0.1% | 2026-Q1 |
| Williams Jones Wealth Management, LLC. | 321,855 | $26M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 306,548 | $24M | 0.1% | 2026-Q1 |
| KWMG, LLC added | 300,297 | $24M | 0.1% | 2026-Q1 |
| Allianz SE | 300,000 | $24M | 0.1% | 2026-Q1 |
| Alliance Wealth Management Group added | 298,247 | $24M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 295,339 | $23M | 0.1% | 2026-Q1 |
| Elliott Investment Management L.P. | 3,800,000 | $306M | 1.4% | 2025-Q4 stale |
| NYL Investors LLC | 2,502,988 | $197M | 0.9% | 2025-Q1 stale |
| Verition Fund Management LLC added | 1,353,635 | $109M | 0.5% | 2025-Q4 stale |
| Nan Shan Life Insurance Co., Ltd. | 1,284,652 | $104M | 0.5% | 2025-Q4 stale |
| HIGHBRIDGE CAPITAL MANAGEMENT LLC added | 1,274,752 | $103M | 0.5% | 2025-Q3 stale |
| Pictet Asset Management Holding SA added | 1,136,000 | $92M | 0.4% | 2025-Q4 stale |
| READYSTATE ASSET MANAGEMENT LP trimmed | 967,815 | $78M | 0.4% | 2025-Q2 stale |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 640,793 | $51M | 0.2% | 2025-Q1 stale |
| WINTON GROUP Ltd trimmed | 620,000 | $50M | 0.2% | 2025-Q4 stale |
| Squarepoint Ops LLC added | 504,717 | $41M | 0.2% | 2025-Q4 stale |
| Quadrature Capital Ltd new | 489,749 | $39M | 0.2% | 2025-Q2 stale |
| MACQUARIE GROUP LTD | 391,857 | $32M | 0.1% | 2025-Q3 stale |
| Centiva Capital, LP trimmed | 340,000 | $27M | 0.1% | 2025-Q2 stale |
| VIEWPOINT INVESTMENT PARTNERS CORP trimmed | 338,500 | $27M | 0.1% | 2025-Q4 stale |
| Allianz Investment Management U.S. LLC | 300,000 | $24M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.