State Street SPDR Bloomberg High Yield Bond ETF
339 hedge funds and large institutions have $9.9B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 120 increasing their positions, 136 reducing their positions, and 38 closing their positions.
69% more capital invested
Capital invested by funds: $5.87B → $9.9B (+$4.03B)
0.25% more ownership
Funds ownership: 19.9% → 20.15% (+0.25%)
2% less funds holding
Funds holding: 347 → 339 (-8)
12% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 136
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
20% less funds holding in top 10
Funds holding in top 10: 41 → 33 (-8)
94% less call options, than puts
Call options by funds: $4.85M | Put options by funds: $78.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AB
Aozora Bank
Tokyo,
Japan
|
+$102M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$68.1M |
| 3 |
JG
Jefferies Group
New York
|
+$51.2M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$38.3M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$115M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$107M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$82.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$64M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$51.6M |
JNK Hedge Fund Activity: Q3 2014 in Review
339 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q3 2014, worth a combined $9.9B — up 69% from $5.87B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of JNK and 33 opened new positions — a net loss of 5 holders — while 136 trimmed existing stakes and 120 added.
The largest buyer was Aozora Bank, opening a new position worth an estimated $102M. The largest seller was Aviance Capital Management, cutting an estimated $115M.
- 339 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q3 2014, down from 347 in Q2 2014.
- Funds reported $9.9B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q3 2014, up 69% quarter-over-quarter.
- 33 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q3 2014 and 38 closed out, a net change of -5 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q3 2014 was Aozora Bank, an estimated $102M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q3 2014 was Aviance Capital Management, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2014.