State Street SPDR Bloomberg High Yield Bond ETF
553 hedge funds and large institutions have $6.99B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2025 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 180 increasing their positions, 216 reducing their positions, and 67 closing their positions.
82% more call options, than puts
Call options by funds: $6.05M | Put options by funds: $3.33M
4% less funds holding
Funds holding: 576 → 553 (-23)
6.05% less ownership
Funds ownership: 98.58% → 92.54% (-6%)
7% less capital invested
Capital invested by funds: $7.56B → $6.99B (-$563M)
16% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 67
17% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 216
23% less funds holding in top 10
Funds holding in top 10: 26 → 20 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$106M |
| 2 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$34.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$28.2M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$17.9M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$132M |
| 2 |
Jane Street
New York
|
-$76.3M |
| 3 |
JP Morgan Chase
New York
|
-$62.8M |
| 4 |
Morgan Stanley
New York
|
-$55.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$46.7M |
JNK Hedge Fund Activity: Q1 2025 in Review
553 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2025, worth a combined $6.99B — down 7.4% from $7.56B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of JNK and 56 opened new positions — a net loss of 11 holders — while 216 trimmed existing stakes and 180 added.
The largest buyer was Varma Mutual Pension Insurance Co, opening a new position worth an estimated $106M. The largest seller was State Street, cutting an estimated $132M.
- 553 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2025, down from 576 in Q4 2024.
- Funds reported $6.99B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2025, down 7.4% quarter-over-quarter.
- 56 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2025 and 67 closed out, a net change of -11 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2025 was Varma Mutual Pension Insurance Co, an estimated $106M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2025 was State Street, an estimated $132M sold.
Based on aggregated 13F filings for Q1 2025.