State Street SPDR Bloomberg International Corporate Bond ETF
IBND
41 hedge funds and large institutions have $100M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
21% more funds holding
Funds holding: 34 → 41 (+7)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
7% less capital invested
Capital invested by funds: $108M → $100M (-$7.98M)
8.1% less ownership
Funds ownership: 59.38% → 51.28% (-8.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$10.2M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.23M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.49M |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$10.5M |
| 2 |
Morgan Stanley
New York
|
-$9.49M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.78M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.92M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$2.71M |
IBND Hedge Fund Activity: Q3 2013 in Review
41 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q3 2013, worth a combined $100M — down 7.4% from $108M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new IBND positions and 4 closed out — a net gain of 8 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $10.2M. The largest seller was Legacy Private Trust, exiting entirely with an estimated $10.5M sold.
- 41 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $100M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q3 2013, down 7.4% quarter-over-quarter.
- 12 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q3 2013 and 4 closed out, a net change of +8 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q3 2013 was Horizon Investments, an estimated $10.2M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q3 2013 was Legacy Private Trust, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2013.