State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
43 hedge funds and large institutions have $86.5M invested in State Street SPDR Bloomberg Emerging Markets Local Bond ETF in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 15 closing their positions.
1.35% more ownership
Funds ownership: 72.57% → 73.92% (+1.3%)
19% less funds holding
Funds holding: 53 → 43 (-10)
34% less capital invested
Capital invested by funds: $132M → $86.5M (-$45M)
59% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 22
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Choate Investment Advisors
Boston,
Massachusetts
|
+$11.4M |
| 2 |
AssetMark Inc
Concord,
California
|
+$7.1M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.77M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.26M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$11.4M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$7.02M |
| 3 |
Jane Street
New York
|
-$5.08M |
| 4 |
Morgan Stanley
New York
|
-$4.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HSA
51
HBK Sorce Advisory
Erie,
Pennsylvania
| – | -$363K | -12,825 | Closed |
|
52
First Trust Advisors
Wheaton,
Illinois
| – | -$350K | -12,364 | Closed |
|
|
IP
53
Investment Partners
New Philadelphia,
Ohio
| – | -$315K | -11,133 | Closed |
|
|
WA
54
WFG Advisors
Dallas,
Texas
| – | -$231K | -8,157 | Closed |
|
|
CFA
55
CT Financial Advisors
Chadds Ford,
Pennsylvania
| – | -$14.7K | -520 | Closed |
|
|
CWM
56
Concert Wealth Management
San Jose,
California
| – | -$1K | -48 | Closed |
|
EBND Hedge Fund Activity: Q4 2016 in Review
43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) for Q4 2016, worth a combined $86.5M — down 34% from $132M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of EBND and 5 opened new positions — a net loss of 10 holders — while 22 trimmed existing stakes and 9 added.
The largest buyer was Choate Investment Advisors, opening a new position worth an estimated $11.4M. The largest seller was NewSquare Capital, cutting an estimated $11.4M.
- 43 institutional investors held State Street SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) as of Q4 2016, down from 53 in Q3 2016.
- Funds reported $86.5M of State Street SPDR Bloomberg Emerging Markets Local Bond ETF stock for Q4 2016, down 34% quarter-over-quarter.
- 5 funds opened new State Street SPDR Bloomberg Emerging Markets Local Bond ETF positions in Q4 2016 and 15 closed out, a net change of -10 holders.
- The largest State Street SPDR Bloomberg Emerging Markets Local Bond ETF buyer in Q4 2016 was Choate Investment Advisors, an estimated $11.4M added.
- The largest State Street SPDR Bloomberg Emerging Markets Local Bond ETF seller in Q4 2016 was NewSquare Capital, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2016.