State Street SPDR Bloomberg High Yield Bond ETF
305 hedge funds and large institutions have $4.99B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 113 increasing their positions, 115 reducing their positions, and 45 closing their positions.
0.57% more ownership
Funds ownership: 17.98% → 18.55% (+0.57%)
2% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 115
3% less capital invested
Capital invested by funds: $5.14B → $4.99B (-$153M)
3% less funds holding
Funds holding: 313 → 305 (-8)
3% less funds holding in top 10
Funds holding in top 10: 35 → 34 (-1)
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
77% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $84.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$87.1M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$73.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$40.7M |
| 4 |
BlackRock
New York
|
+$27M |
| 5 |
AIM
Assured Investment Management
New York
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$84.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$73.2M |
| 3 |
Morgan Stanley
New York
|
-$62.2M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$58.1M |
| 5 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$41.7M |
JNK Hedge Fund Activity: Q3 2013 in Review
305 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q3 2013, worth a combined $4.99B — down 3% from $5.14B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of JNK and 40 opened new positions — a net loss of 5 holders — while 115 trimmed existing stakes and 113 added.
The largest buyer was Clark Capital Management Group, adding an estimated $87.1M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $84.9M sold.
- 305 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q3 2013, down from 313 in Q2 2013.
- Funds reported $4.99B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q3 2013, down 3% quarter-over-quarter.
- 40 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q3 2013 and 45 closed out, a net change of -5 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q3 2013 was Clark Capital Management Group, an estimated $87.1M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q3 2013 was Charles Schwab Investment Advisory, an estimated $84.9M sold.
Based on aggregated 13F filings for Q3 2013.