% of shares outstanding is not shown for HYG: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for HYG in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 26,248,04826.2M | $2.1B | — | ADD 44% |
| 2 | Clark Capital Management Group, Inc. | 18,968,08419.0M | $1.5B | — | ADD 10% |
| 3 | BANK OF AMERICA CORP /DE/ | 18,911,85218.9M | $1.5B | — | ADD 70% |
| 4 | BlackRock, Inc. | 16,997,54517.0M | $1.4B | — | TRIM -28% |
| 5 | BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 14,920,61814.9M | $1.2B | — | ADD 22% |
| 6 | Japan Science & Technology Agency | 10,390,62610.4M | $827M | — | — |
| 7 | WELLS FARGO & COMPANY/MN | 7,568,1777.6M | $602M | — | ADD 33% |
| 8 | ASSETMARK, INC | 6,941,6666.9M | $552M | — | — |
| 9 | ONTARIO TEACHERS PENSION PLAN BOARD | 6,570,0006.6M | $523M | — | TRIM -41% |
| 10 | BNP PARIBAS FINANCIAL MARKETS | 6,499,2726.5M | $517M | — | ADD 83% |
| 11 | Brevan Howard Capital Management LP | 6,420,0006.4M | $511M | — | NEW |
| 12 | APG Asset Management US Inc. | 6,197,2746.2M | $492M | — | ADD 10% |
| 13 | UBS Group AG | 6,075,9516.1M | $483M | — | ADD 37% |
| 14 | JPMORGAN CHASE & CO | 6,038,6946.0M | $476M | — | ADD 255% |
| 15 | BARCLAYS PLC | 5,537,9105.5M | $441M | — | ADD 6% |
| 16 | ROYAL BANK OF CANADA | 5,219,4785.2M | $415M | — | TRIM -29% |
| 17 | CITIGROUP INC | 5,065,6275.1M | $403M | — | ADD 70% |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 4,957,3555.0M | $394M | — | — |
| 19 | Nuveen, LLC | 4,942,5084.9M | $393M | — | TRIM -47% |
| 20 | SBI Okasan Asset Management Co.Ltd. | 4,405,2104.4M | $347M | — | NEW |
| 21 | TD Asset Management Inc | 3,761,5173.8M | $299M | — | ADD 23% |
| 22 | Caisse de depot et placement du Quebec | 3,202,1623.2M | $255M | — | TRIM -37% |
| 23 | LPL Financial LLC | 2,732,8502.7M | $217M | — | TRIM -6% |
| 24 | STIFEL FINANCIAL CORP | 2,727,0662.7M | $217M | — | — |
| 25 | Ocean Park Asset Management, LLC | 2,690,0912.7M | $214M | — | TRIM -19% |
| 26 | Endurance Services Ltd | 2,363,6962.4M | $188M | — | ADD 18% |
| 27 | BNP PARIBAS | 2,361,8212.4M | $188M | — | TRIM -49% |
| 28 | MACKENZIE FINANCIAL CORP | 2,249,0132.2M | $179M | — | ADD 27% |
| 29 | GOLDMAN SACHS GROUP INC | 2,110,8912.1M | $168M | — | TRIM -45% |
| 30 | ALLSTATE CORP | 1,893,3021.9M | $151M | — | ADD 224% |
| 31 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 1,785,1221.8M | $142M | — | ADD 16% |
| 32 | HRT FINANCIAL LP | 1,707,1661.7M | $136M | — | ADD 264% |
| 33 | JANE STREET GROUP, LLC | 1,702,8511.7M | $135M | — | ADD 66262% |
| 34 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1,586,4321.6M | $126M | — | ADD 2157% |
| 35 | AMERIPRISE FINANCIAL INC | 1,553,6521.6M | $123M | — | TRIM -5% |
| 36 | Elo Mutual Pension Insurance Co | 1,400,0001.4M | $111M | — | — |
| 37 | PartnerRe Asset Management CORP | 1,397,7451.4M | $111M | — | — |
| 38 | Symetra Investment Management Co | 1,352,8251.4M | $108M | — | ADD 5298% |
| 39 | iA Global Asset Management Inc. | 1,350,8201.4M | $107M | — | ADD 4% |
| 40 | Cetera Investment Advisers | 1,179,2131.2M | $94M | — | ADD 7% |
| 41 | CITADEL ADVISORS LLC | 1,172,8861.2M | $93M | — | TRIM -45% |
| 42 | Liberty Mutual Group Asset Management Inc. | 1,071,2331.1M | $85M | — | TRIM -59% |
| 43 | State of Tennessee, Department of Treasury | 894,037894,037 | $71M | — | TRIM -25% |
| 44 | Bain Capital Credit, LP | 889,077889,077 | $71M | — | ADD 33% |
| 45 | PRUDENTIAL FINANCIAL INC | 847,469847,469 | $67M | — | TRIM -5% |
| 46 | RAYMOND JAMES FINANCIAL INC | 843,045843,045 | $67M | — | ADD 5% |
| 47 | Jefferies Financial Group Inc. | 836,081836,081 | $67M | — | ADD 15699% |
| 48 | Thrivent Financial for Lutherans | 828,290828,290 | $66M | — | TRIM -3% |
| 49 | National Philanthropic Trust | 793,126793,126 | $63M | — | ADD 7% |
| 50 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | 776,830776,830 | $62M | — | ADD 9% |
| 51 | US BANCORP \DE\ | 742,589742,589 | $59M | — | TRIM -7% |
| 52 | Banco BTG Pactual S.A. | 712,975712,975 | $57M | — | NEW |
| 53 | NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | 615,000615,000 | $49M | — | TRIM -89% |
| 54 | Optiver Holding B.V. | 605,577605,577 | $48M | — | NEW |
| 55 | MML INVESTORS SERVICES, LLC | 591,992591,992 | $47M | — | TRIM -6% |
| 56 | OLD MISSION CAPITAL LLC | 567,895567,895 | $45M | — | NEW |
| 57 | MILLENNIUM MANAGEMENT LLC | 564,137564,137 | $45M | — | TRIM -22% |
| 58 | Pure Financial Advisors, LLC | 533,868533,868 | $42M | — | ADD 6% |
| 59 | CI INVESTMENTS INC. | 525,328525,328 | $42M | — | ADD 32% |
| 60 | Corebridge Financial, Inc. | 500,000500,000 | $39M | — | NEW |
| 61 | TORONTO DOMINION BANK | 483,289483,289 | $38M | — | ADD 10% |
| 62 | DV Trading LLC | 470,849470,849 | $37M | — | ADD 1703% |
| 63 | Towercrest Capital Management | 462,631462,631 | $37M | — | ADD 5% |
| 64 | SCHRODER INVESTMENT MANAGEMENT GROUP | 446,843446,843 | $36M | — | — |
| 65 | CBIZ Investment Advisory Services, LLC | 441,115441,115 | $35M | — | ADD 8% |
| 66 | CTC LLC | 419,774419,774 | $33M | — | NEW |
| 67 | OSAIC HOLDINGS, INC. | 404,383404,383 | $32M | — | TRIM -8% |
| 68 | IMC-Chicago, LLC | 404,180404,180 | $32M | — | NEW |
| 69 | DSC Meridian Capital LP | 402,329402,329 | $32M | — | NEW |
| 70 | Deseret Mutual Benefit Administrators | 395,455395,455 | $31M | — | — |
| 71 | BANK OF MONTREAL /CAN/ | 394,518394,518 | $31M | — | TRIM -20% |
| 72 | NEUBERGER BERMAN GROUP LLC | 385,030385,030 | $31M | — | TRIM -48% |
| 73 | SEI INVESTMENTS CO | 356,387356,387 | $28M | — | ADD 457% |
| 74 | 1832 Asset Management L.P. | 354,301354,301 | $28M | — | — |
| 75 | Howard Capital Management Inc. | 348,192348,192 | $28M | — | TRIM -6% |
| 76 | TRUIST FINANCIAL CORP | 344,783344,783 | $27M | — | TRIM -9% |
| 77 | Hikari Tsushin, Inc. | 343,165343,165 | $27M | — | — |
| 78 | Stairway Partners, LLC | 326,029326,029 | $26M | — | — |
| 79 | STATE OF WISCONSIN INVESTMENT BOARD | 325,000325,000 | $26M | — | NEW |
| 80 | Williams Jones Wealth Management, LLC. | 321,855321,855 | $26M | — | — |
| 81 | FIFTH THIRD BANCORP | 306,548306,548 | $24M | — | ADD 47% |
| 82 | KWMG, LLC | 300,297300,297 | $24M | — | ADD 5% |
| 83 | Allianz SE | 300,000300,000 | $24M | — | — |
| 84 | Alliance Wealth Management Group | 298,247298,247 | $24M | — | ADD 3% |
| 85 | HSBC HOLDINGS PLC | 295,339295,339 | $23M | — | TRIM -96% |
| 86 | Focus Partners Wealth | 287,606287,606 | $23M | — | — |
| 87 | GSA CAPITAL PARTNERS LLP | 286,690286,690 | $23M | — | NEW |
| 88 | Trust Co | 285,623285,623 | $23M | — | ADD 3% |
| 89 | Man Group plc | 282,724282,724 | $22M | — | TRIM -86% |
| 90 | Summit Financial Consulting LLC | 279,386279,386 | $22M | — | ADD 4% |
| 91 | Bank Julius Baer & Co. Ltd, Zurich | 270,858270,858 | $22M | — | TRIM -44% |
| 92 | CIBC Bancorp USA Inc. | 269,116269,116 | $21M | — | NEW |
| 93 | NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 256,901256,901 | $20M | — | — |
| 94 | SOROS FUND MANAGEMENT LLC | 250,000250,000 | $20M | — | NEW |
| 95 | Ensign Peak Advisors, Inc | 248,016248,016 | $20M | — | — |
| 96 | Graham Capital Management, L.P. | 246,900246,900 | $20M | — | ADD 720% |
| 97 | TUDOR INVESTMENT CORP ET AL | 245,610245,610 | $20M | — | ADD 65% |
| 98 | Aristotle Pacific Capital, LLC | 243,868243,868 | $19M | — | TRIM -65% |
| 99 | Strong Tower Advisory Services | 243,418243,418 | $19M | — | ADD 4% |
| 100 | Twele Capital Management, Inc. | 242,688242,688 | $19M | — | — |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MORGAN STANLEY | 11.0M | 21.8M | 18.7M | 16.8M | 18.2M | 26.2M | $2.1B |
| Clark Capital Management Group, Inc. | 22.7M | 24.2M | 17.1M | 17.3M | 17.2M | 19.0M | $1.5B |
| BANK OF AMERICA CORP /DE/ | 7.3M | 11.9M | 12.2M | 18.5M | 11.1M | 18.9M | $1.5B |
| BlackRock, Inc. | 21.0M | 20.8M | 22.7M | 20.5M | 23.5M | 17.0M | $1.4B |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 4.9M | 6.4M | 12.5M | 11.2M | 12.2M | 14.9M | $1.2B |
| Japan Science & Technology Agency | 10.4M | 10.4M | 10.4M | 10.4M | 10.4M | 10.4M | $827M |
| WELLS FARGO & COMPANY/MN | 4.6M | 7.1M | 4.5M | 4.9M | 5.7M | 7.6M | $602M |
| ASSETMARK, INC | 7.3M | 7.3M | 6.0M | 7.3M | 7.0M | 6.9M | $552M |
| ONTARIO TEACHERS PENSION PLAN BOARD | — | — | 3.7M | 5.1M | 11.1M | 6.6M | $523M |
| BNP PARIBAS FINANCIAL MARKETS | 5.9M | 4.7M | 10.1M | 6.0M | 3.6M | 6.5M | $517M |
| Brevan Howard Capital Management LP | — | 49K | 1.5M | — | — | 6.4M | $511M |
| APG Asset Management US Inc. | 4.1M | 4.7M | 5.4M | 4.6M | 5.6M | 6.2M | $492M |
| UBS Group AG | 5.0M | 4.5M | 2.6M | 2.5M | 4.4M | 6.1M | $483M |
| JPMORGAN CHASE & CO | 671K | 2.9M | 10.2M | 15.1M | 1.7M | 6.0M | $476M |
| BARCLAYS PLC | 3.0M | 3.1M | 1.5M | 10.4M | 5.2M | 5.5M | $441M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| MORGAN STANLEY | +8,032,725 | $639M | ADD |
| BANK OF AMERICA CORP /DE/ | +7,787,326 | $620M | ADD |
| Brevan Howard Capital Management LP | +6,420,000 | $511M | OPEN |
| SBI Okasan Asset Management Co.Ltd. | +4,405,210 | $350M | OPEN |
| JPMORGAN CHASE & CO | +4,339,769 | $345M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| HSBC HOLDINGS PLC | −6,967,073 | $554M | TRIM |
| BlackRock, Inc. | −6,457,716 | $514M | TRIM |
| NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC | −5,230,000 | $416M | TRIM |
| ONTARIO TEACHERS PENSION PLAN BOARD | −4,480,000 | $356M | TRIM |
| Nuveen, LLC | −4,312,449 | $343M | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 975 | 281,637,398 | — | $22.4B |
| 2025-Q4 | 1,003 | 281,059,399 | — | $22.7B |
| 2025-Q3 | 916 | 284,837,076 | — | $23.1B |
| 2025-Q2 | 925 | 279,577,726 | — | $21.6B |
| 2025-Q1 | 929 | 247,279,669 | — | $19.5B |
| 2024-Q4 | 981 | 230,039,898 | — | $18.1B |
| 2024-Q3 | 893 | 243,755,578 | — | $19.6B |
| 2024-Q2 | 893 | 225,411,818 | — | $17.4B |
| 2024-Q1 | 906 | 281,566,313 | — | $21.8B |
| 2023-Q4 | 926 | 272,493,569 | — | $21.0B |
| 2023-Q3 | 850 | 244,078,887 | — | $18.0B |
| 2023-Q2 | 861 | 222,114,493 | — | $16.7B |
| 2023-Q1 | 837 | 206,470,306 | — | $15.4B |
| 2022-Q4 | 895 | 253,924,254 | — | $18.7B |
| 2022-Q3 | 783 | 198,262,796 | — | $13.9B |
| 2022-Q2 | 788 | 227,784,696 | — | $16.6B |
| 2022-Q1 | 876 | 228,184,952 | — | $18.5B |
| 2021-Q4 | 950 | 238,082,346 | — | $20.4B |
| 2021-Q3 | 882 | 233,727,469 | — | $20.1B |
| 2021-Q2 | 902 | 239,770,635 | — | $20.8B |
| 2021-Q1 | 887 | 251,511,629 | — | $21.9B |
| 2020-Q4 | 884 | 293,716,999 | — | $25.7B |
| 2020-Q3 | 781 | 277,968,426 | — | $23.0B |
| 2020-Q2 | 762 | 291,284,852 | — | $23.4B |
| 2020-Q1 | 715 | 226,484,713 | — | $17.1B |
| 2019-Q4 | 797 | 231,027,834 | — | $19.9B |
| 2019-Q3 | 666 | 209,172,157 | — | $17.8B |
| 2019-Q2 | 680 | 201,694,359 | — | $17.3B |
| 2019-Q1 | 696 | 207,942,595 | — | $17.4B |
| 2018-Q4 | 673 | 192,885,010 | — | $15.3B |
| 2018-Q3 | 647 | 189,114,184 | — | $16.7B |
| 2018-Q2 | 641 | 190,047,554 | — | $15.9B |
| 2018-Q1 | 633 | 160,118,486 | — | $13.5B |
| 2017-Q4 | 683 | 169,218,509 | — | $14.4B |
| 2017-Q3 | 594 | 183,526,832 | — | $16.0B |
| 2017-Q2 | 590 | 515,327,054 | — | $13.4B |
| 2017-Q1 | 593 | 171,314,083 | — | $14.7B |
| 2016-Q4 | 571 | 174,840,908 | — | $14.8B |
| 2016-Q3 | 530 | 155,671,171 | — | $13.3B |
| 2016-Q2 | 519 | 152,764,553 | — | $12.7B |
| 2016-Q1 | 499 | 157,292,257 | — | $12.6B |
| 2015-Q4 | 490 | 139,089,070 | — | $10.9B |
| 2015-Q3 | 454 | 109,196,131 | — | $8.7B |
| 2015-Q2 | 457 | 102,820,462 | — | $8.8B |
| 2015-Q1 | 482 | 115,626,887 | — | $10.0B |
| 2014-Q4 | 472 | 106,650,898 | — | $9.2B |
| 2014-Q3 | 417 | 83,690,368 | — | $7.4B |
| 2014-Q2 | 431 | 89,494,160 | — | $8.2B |
| 2014-Q1 | 435 | 96,613,468 | — | $8.8B |
| 2013-Q4 | 434 | 95,695,066 | — | $8.6B |
| 2013-Q3 | 392 | 98,530,596 | — | $8.6B |
| 2013-Q2 | 383 | 82,527,857 | — | $7.3B |
| 2013-Q1 | 30 | 3,499,583 | — | $330M |
