State Street SPDR Bloomberg High Yield Bond ETF
345 hedge funds and large institutions have $5.48B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 142 increasing their positions, 115 reducing their positions, and 35 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 115
23% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 35
7% more capital invested
Capital invested by funds: $5.12B → $5.48B (+$358M)
2% more funds holding
Funds holding: 339 → 345 (+6)
0.88% more ownership
Funds ownership: 17.82% → 18.71% (+0.88%)
5% less funds holding in top 10
Funds holding in top 10: 43 → 41 (-2)
96% less call options, than puts
Call options by funds: $400K | Put options by funds: $11.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$94.4M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$75.1M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$63.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$26.7M |
| 5 |
Morgan Stanley
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$84.9M |
| 2 |
LM
Lasry Marc
|
-$23.3M |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$20.6M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$20M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$16.2M |
JNK Hedge Fund Activity: Q1 2014 in Review
345 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2014, worth a combined $5.48B — up 7% from $5.12B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new JNK positions and 35 closed out — a net gain of 8 holders — while 142 added to existing stakes and 115 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $94.4M. The largest seller was State Street, cutting an estimated $84.9M.
- 345 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2014, up from 339 in Q4 2013.
- Funds reported $5.48B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2014, up 7% quarter-over-quarter.
- 43 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2014 and 35 closed out, a net change of +8 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2014 was Bank of New York Mellon, an estimated $94.4M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2014 was State Street, an estimated $84.9M sold.
Based on aggregated 13F filings for Q1 2014.