State Street SPDR Bloomberg International Corporate Bond ETF
IBND
52 hedge funds and large institutions have $125M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2013 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 11 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
91% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more funds holding
Funds holding: 41 → 52 (+11)
25% more capital invested
Capital invested by funds: $100M → $125M (+$25.4M)
3.02% more ownership
Funds ownership: 51.28% → 54.29% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
+$5.84M |
| 2 |
LC
Lourd Capital
Beverly Hills,
California
|
+$4.46M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.18M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.66M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$7.4M |
| 2 |
B
Baird
Milwaukee,
Wisconsin
|
-$1.48M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$1.08M |
| 4 |
SC
Stratford Consulting
Addison,
Texas
|
-$939K |
| 5 |
Jane Street
New York
|
-$910K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
51
WFG Advisors
Dallas,
Texas
| $2K | +$2.4K | +66 | New |
|
|
NES
52
New England Securities
New York
| $1K | +$910 | +25 | New |
|
|
B
53
Baird
Milwaukee,
Wisconsin
| – | -$1.48M | -41,062 | Closed |
|
|
SMM
54
Stadion Money Management
Watkinsville,
Georgia
| – | -$1.08M | -29,904 | Closed |
|
|
55
Jane Street
New York
| – | -$910K | -25,196 | Closed |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$126K | -3,500 | Closed |
|
57
Citigroup
New York
| – | -$16K | -444 | Closed |
|
IBND Hedge Fund Activity: Q4 2013 in Review
52 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q4 2013, worth a combined $125M — up 25% from $100M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IBND positions and 5 closed out — a net gain of 11 holders — while 21 added to existing stakes and 11 trimmed.
The largest buyer was Tactical Allocation Group, opening a new position worth an estimated $5.84M. The largest seller was Horizon Investments, cutting an estimated $7.4M.
- 52 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q4 2013, up from 41 in Q3 2013.
- Funds reported $125M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q4 2013, up 25% quarter-over-quarter.
- 16 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q4 2013 and 5 closed out, a net change of +11 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q4 2013 was Tactical Allocation Group, an estimated $5.84M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q4 2013 was Horizon Investments, an estimated $7.4M sold.
Based on aggregated 13F filings for Q4 2013.