State Street SPDR Bloomberg International Corporate Bond ETF
IBND
56 hedge funds and large institutions have $62.4M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
0% more funds holding
Funds holding: 56 → 56 (0)
3.73% less ownership
Funds ownership: 51.19% → 47.46% (-3.7%)
19% less capital invested
Capital invested by funds: $77.2M → $62.4M (-$14.9M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.09M |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$532K |
| 4 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
+$442K |
| 5 |
KL
KWMG LLC
Overland Park,
Kansas
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lourd Capital
Beverly Hills,
California
|
-$11.1M |
| 2 |
Morgan Stanley
New York
|
-$2.71M |
| 3 |
Jane Street
New York
|
-$2.36M |
| 4 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$1.88M |
| 5 |
CCM
Canal Capital Management
Richmond,
Virginia
|
-$956K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
51
Burt Wealth Advisors
North Bethesda,
Maryland
| $3K | +$2.67K | +85 | New |
|
|
AIG
52
American International Group
New York
| $2K | – | – | – |
|
|
SHJ
53
Sharkey, Howes & Javer
Denver,
Colorado
| $1K | -$71.5K | -2,279 | -100% |
|
|
ACM
54
Argentus Capital Management
Dallas,
Texas
| $1K | +$973 | +31 | New |
|
|
RPG
55
Risk Paradigm Group
Austin,
Texas
| – | -$1.88M | -61,012 | Closed |
|
|
CCM
56
Canal Capital Management
Richmond,
Virginia
| – | -$956K | -31,051 | Closed |
|
57
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$851K | -27,640 | Closed |
|
|
LG
58
Leuthold Group
Minneapolis,
Minnesota
| – | -$450K | -14,608 | Closed |
|
|
PVH
59
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$129K | -4,200 | Closed |
|
|
GWM
60
Gupta Wealth Management
San Diego,
California
| – | -$36K | -1,180 | Closed |
|
|
NMIS
61
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$1K | -21 | Closed |
|
IBND Hedge Fund Activity: Q1 2016 in Review
56 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q1 2016, worth a combined $62.4M — down 19% from $77.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new IBND positions and 8 closed out — a net gain of 2 holders — while 14 added to existing stakes and 22 trimmed.
The largest buyer was Bank of America, adding an estimated $1.44M. The largest seller was Lourd Capital, cutting an estimated $11.1M.
- 56 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $62.4M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q1 2016, down 19% quarter-over-quarter.
- 10 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q1 2016 and 8 closed out, a net change of +2 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q1 2016 was Bank of America, an estimated $1.44M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q1 2016 was Lourd Capital, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2016.