State Street SPDR Bloomberg High Yield Bond ETF
347 hedge funds and large institutions have $5.87B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 145 increasing their positions, 122 reducing their positions, and 28 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 122
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
7% more capital invested
Capital invested by funds: $5.48B → $5.87B (+$390M)
1.2% more ownership
Funds ownership: 18.71% → 19.9% (+1.2%)
1% more funds holding
Funds holding: 345 → 347 (+2)
0% more funds holding in top 10
Funds holding in top 10: 41 → 41 (0)
99% less call options, than puts
Call options by funds: $198K | Put options by funds: $28.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$81.4M |
| 2 |
SCM
Saba Capital Management
New York
|
+$55.6M |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$46.3M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$39.7M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$72.3M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$59.8M |
| 3 |
Bank of New York Mellon
New York
|
-$58.8M |
| 4 |
Neuberger Berman Group
New York
|
-$28M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$27.2M |
JNK Hedge Fund Activity: Q2 2014 in Review
347 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2014, worth a combined $5.87B — up 7.1% from $5.48B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new JNK positions and 28 closed out — a net gain of 5 holders — while 145 added to existing stakes and 122 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $81.4M. The largest seller was Schroder Investment Management Group, cutting an estimated $72.3M.
- 347 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2014, up from 345 in Q1 2014.
- Funds reported $5.87B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2014, up 7.1% quarter-over-quarter.
- 33 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2014 and 28 closed out, a net change of +5 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2014 was BlackRock Advisors, an estimated $81.4M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2014 was Schroder Investment Management Group, an estimated $72.3M sold.
Based on aggregated 13F filings for Q2 2014.