State Street SPDR Bloomberg International Corporate Bond ETF
IBND
62 hedge funds and large institutions have $124M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
5% more funds holding
Funds holding: 59 → 62 (+3)
0.77% more ownership
Funds ownership: 48.65% → 49.42% (+0.77%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
20% less capital invested
Capital invested by funds: $155M → $124M (-$31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$16.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.92M |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
+$1.86M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.82M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.6M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$5.43M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$5.04M |
| 5 |
Jane Street
New York
|
-$1.1M |
IBND Hedge Fund Activity: Q4 2014 in Review
62 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q4 2014, worth a combined $124M — down 20% from $155M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new IBND positions and 13 closed out — a net gain of 5 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was CAPTRUST Financial Advisors, opening a new position worth an estimated $16.3M. The largest seller was Morgan Stanley, cutting an estimated $27.8M.
- 62 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q4 2014, up from 59 in Q3 2014.
- Funds reported $124M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q4 2014, down 20% quarter-over-quarter.
- 18 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q4 2014 and 13 closed out, a net change of +5 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q4 2014 was CAPTRUST Financial Advisors, an estimated $16.3M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q4 2014 was Morgan Stanley, an estimated $27.8M sold.
Based on aggregated 13F filings for Q4 2014.