State Street SPDR Bloomberg High Yield Bond ETF
445 hedge funds and large institutions have $7.09B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2020 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 129 increasing their positions, 194 reducing their positions, and 128 closing their positions.
6.37% more ownership
Funds ownership: 90.06% → 96.43% (+6.4%)
14% less funds holding
Funds holding: 519 → 445 (-74)
25% less capital invested
Capital invested by funds: $9.46B → $7.09B (-$2.36B)
34% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 194
39% less funds holding in top 10
Funds holding in top 10: 44 → 27 (-17)
52% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 128
71% less call options, than puts
Call options by funds: $53.9M | Put options by funds: $188M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$353M |
| 2 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$249M |
| 3 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$245M |
| 4 |
Goldman Sachs
New York
|
+$204M |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$180M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$351M |
| 2 |
State Street
Boston,
Massachusetts
|
-$297M |
| 3 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
-$286M |
| 4 |
Citigroup
New York
|
-$216M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$189M |
JNK Hedge Fund Activity: Q1 2020 in Review
445 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2020, worth a combined $7.09B — down 25% from $9.46B a quarter earlier.
Sellers outnumbered buyers: 128 funds closed out of JNK and 62 opened new positions — a net loss of 66 holders — while 194 trimmed existing stakes and 129 added.
The largest buyer was Royal Bank of Canada, adding an estimated $353M. The largest seller was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, exiting entirely with an estimated $351M sold.
- 445 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2020, down from 519 in Q4 2019.
- Funds reported $7.09B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2020, down 25% quarter-over-quarter.
- 62 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2020 and 128 closed out, a net change of -66 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2020 was Royal Bank of Canada, an estimated $353M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $351M sold.
Based on aggregated 13F filings for Q1 2020.