State Street SPDR Bloomberg International Corporate Bond ETF
IBND
90 hedge funds and large institutions have $168M invested in State Street SPDR Bloomberg International Corporate Bond ETF in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 4 closing their positions.
600% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 4
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
36% more funds holding
Funds holding: 66 → 90 (+24)
35% more capital invested
Capital invested by funds: $125M → $168M (+$43.5M)
1.18% less ownership
Funds ownership: 73.28% → 72.1% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$12.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.92M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.44M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.69M |
| 5 |
Morgan Stanley
New York
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$21.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.55M |
| 3 |
CCA
Checchi Capital Advisers
Beverly Hills,
California
|
-$2.09M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.55M |
| 5 |
TWP
Tempus Wealth Planning
Irvine,
California
|
-$1.32M |
IBND Hedge Fund Activity: Q3 2023 in Review
90 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg International Corporate Bond ETF (IBND) for Q3 2023, worth a combined $168M — up 35% from $125M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new IBND positions and 4 closed out — a net gain of 24 holders — while 31 added to existing stakes and 18 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $12.1M. The largest seller was Jane Street, cutting an estimated $21.1M.
- 90 institutional investors held State Street SPDR Bloomberg International Corporate Bond ETF (IBND) as of Q3 2023, up from 66 in Q2 2023.
- Funds reported $168M of State Street SPDR Bloomberg International Corporate Bond ETF stock for Q3 2023, up 35% quarter-over-quarter.
- 28 funds opened new State Street SPDR Bloomberg International Corporate Bond ETF positions in Q3 2023 and 4 closed out, a net change of +24 holders.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF buyer in Q3 2023 was Cambridge Investment Research Advisors, an estimated $12.1M added.
- The largest State Street SPDR Bloomberg International Corporate Bond ETF seller in Q3 2023 was Jane Street, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2023.