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State Street SPDR Bloomberg High Yield Bond ETF

367 hedge funds and large institutions have $5.55B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 134 increasing their positions, 105 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 43

28% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 105

8% more funds holding

Funds holding: 339367 (+28)

1.24% more ownership

Funds ownership: 20.15%21.39% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 3333 (0)

44% less capital invested

Capital invested by funds: $9.9B → $5.55B (-$4.35B)

90% less call options, than puts

Call options by funds: $20M | Put options by funds: $202M

Holders
367
Holders Change
+28
Holders Change %
+8.26%
% of All Funds
9.79%
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.88%
New
80
Increased
134
Reduced
105
Closed
43
Calls
$20M
Puts
$202M
Net Calls
-$182M
Net Calls Change
-$108M
Name Holding Trade Value Shares
Change
Change in
Stake
CONA
301
Capital One National Association
New York
$215K +$220K +1,858 New
PVH
302
Psagot Value Holdings
Israel
$213K
V
303
Veritable
Delaware
$212K
HPBT
304
High Point Bank & Trust
North Carolina
$209K -$286K -2,413 -57%
N
305
Nuveen
North Carolina
$208K +$213K +1,796 New
PAG
306
Pinnacle Advisory Group
Maryland
$204K -$5.93K -50 -3%
KA
307
Kovack Advisors
Florida
$204K +$209K +1,762 New
UAS
308
United Asset Strategies
New York
$202K -$33.6K -283 -14%
WA
309
WFG Advisors
Texas
$200K +$50.4K +425 +33%
JIC
310
Joel Isaacson & Co
New York
$193K
BKA
311
Brick & Kyle Associates
Pennsylvania
$193K +$198K +1,667 New
TIM
312
Tortoise Investment Management
New York
$181K
CAPTRUST Financial Advisors
313
CAPTRUST Financial Advisors
North Carolina
$155K -$46.6K -393 -23%
PIA
314
Peachtree Investment Advisors
Georgia
$149K -$5.1K -43 -3%
CB
315
Community Bank
New York
$147K +$150K +1,267 New
EFSCE
316
Enterprise Financial Services Corp (EFSC)
Missouri
$141K +$3.2K +27 +2%
Bessemer Group
317
Bessemer Group
New Jersey
$139K
RFA
318
Reilly Financial Advisors
California
$138K +$42.4K +357 +43%
DA
319
Dunvegan Associates
California
$137K -$2.25K -19 -2%
BRWM
320
B. Riley Wealth Management
Tennessee
$123K +$356 +3 +0.3%
VNA
321
Valley National Advisers
Pennsylvania
$115K +$112K +947 New
CIM
322
Cambria Investment Management
California
$101K +$104K +874 New
HCM
323
Horrell Capital Management
Arkansas
$99K +$10.4K +88 +11%
GH
324
GAM Holding
Switzerland
$97K +$98.8K +833 New
Lazard Asset Management
325
Lazard Asset Management
New York
$92K

JNK Hedge Fund Activity: Q4 2014 in Review

367 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2014, worth a combined $5.55B — down 44% from $9.9B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new JNK positions and 43 closed out — a net gain of 37 holders — while 134 added to existing stakes and 105 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $385M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $4.87B sold.

  • 367 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2014, up from 339 in Q3 2014.
  • Funds reported $5.55B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2014, down 44% quarter-over-quarter.
  • 80 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2014 and 43 closed out, a net change of +37 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $385M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2014 was Americafirst Capital Management, an estimated $4.87B sold.

Based on aggregated 13F filings for Q4 2014.