SPDR Portfolio Long Term Corporate Bond ETF (SPLB)

• Market cap: $993M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

108% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 13

59% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 37

11% more funds holding

Funds holding: 127 [Q1] → 141 (+14) [Q2]

1.42% more ownership

Funds ownership: 56.54% [Q1] → 57.96% (+1.42%) [Q2]

2% more capital invested

Capital invested by funds: $439M [Q1] → $450M (+$10.5M) [Q2]

33% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]

38% less call options, than puts

Call options by funds: $257K | Put options by funds: $417K