State Street SPDR Bloomberg International Corporate Bond ETF
IBND
59 hedge funds and large institutions have $155M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 10 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less capital invested
Capital invested by funds: $158M → $155M (-$2.79M)
1.6% less ownership
Funds ownership: 50.25% → 48.65% (-1.6%)
2% less funds holding
Funds holding: 60 → 59 (-1)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$5.24M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.51M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$3.78M |
| 4 |
Morgan Stanley
New York
|
+$2.64M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$10.1M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$2.88M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$2.12M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.68M |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$1.27M |
IBND Hedge Fund Activity: Q3 2014 in Review
59 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q3 2014, worth a combined $155M — down 1.8% from $158M a quarter earlier.
Fund positioning in IBND was balanced in Q3 2014: 10 funds opened new positions, 10 closed out, 21 added to existing stakes and 15 trimmed.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $5.24M. The largest seller was Wells Fargo, cutting an estimated $10.1M.
- 59 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q3 2014, down from 60 in Q2 2014.
- Funds reported $155M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q3 2014, down 1.8% quarter-over-quarter.
- 10 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q3 2014 and 10 closed out, a net change of 0 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q3 2014 was Bluefin Capital Management, an estimated $5.24M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q3 2014 was Wells Fargo, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2014.