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State Street SPDR Bloomberg High Yield Bond ETF

345 hedge funds and large institutions have $5.48B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 142 increasing their positions, 115 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 115

23% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 35

7% more capital invested

Capital invested by funds: $5.12B → $5.48B (+$358M)

2% more funds holding

Funds holding: 339345 (+6)

0.88% more ownership

Funds ownership: 17.82%18.71% (+0.88%)

5% less funds holding in top 10

Funds holding in top 10: 4341 (-2)

96% less call options, than puts

Call options by funds: $400K | Put options by funds: $11.1M

Holders
345
Holders Change
+6
Holders Change %
+1.77%
% of All Funds
9.97%
Holding in Top 10
41
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-4.65%
% of All Funds
1.18%
New
43
Increased
142
Reduced
115
Closed
35
Calls
$400K
Puts
$11.1M
Net Calls
-$10.7M
Net Calls Change
+$146M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$63.1M -$11.2M -91,075 -15%
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$62.8M +$1.3M +10,605 +2%
USAA
28
United Services Automobile Association
Texas
$53.6M -$20M -162,731 -27%
CC
29
Curian Capital
Colorado
$52.3M +$4.67M +38,017 +10%
MAA
30
Managed Account Advisors
New Jersey
$47.2M +$19.3M +156,781 +70%
GC
31
Guggenheim Capital
Illinois
$43.5M +$3.07M +25,026 +8%
CSIA
32
Charles Schwab Investment Advisory
California
$39.1M +$560K +4,557 +1%
TFA
33
Transamerica Financial Advisors
Florida
$39M -$1.61M -13,070 -4%
QI
34
QS Investors
New York
$36.8M +$6.08M +49,483 +20%
Barclays
35
Barclays
United Kingdom
$35.4M +$9.8M +79,753 +38%
BG
36
BlackRock Group
United Kingdom
$32.4M
RIG
37
RiverFront Investment Group
Virginia
$31.1M +$10.8M +88,076 +54%
CS
38
Credit Suisse
Switzerland
$30.4M +$11.8M +96,112 +64%
EB
39
Eastern Bank
Massachusetts
$29M +$2.12M +17,278 +8%
William Blair & Company
40
William Blair & Company
Illinois
$28.1M +$8.58M +69,866 +44%
Citigroup
41
Citigroup
New York
$22.7M +$1.02M +8,294 +5%
VAM
42
Visionary Asset Management
Texas
$22.6M +$1.74M +14,168 +8%
Royal Bank of Canada
43
Royal Bank of Canada
Ontario, Canada
$22.4M +$2.86M +23,312 +15%
FA
44
FDx Advisors
Illinois
$21.1M +$5.51M +44,855 +36%
Northwestern Mutual Wealth Management
45
Northwestern Mutual Wealth Management
Wisconsin
$20.9M +$2.23M +18,130 +12%
MIU
46
Man Investments (UK)
United Kingdom
$20.9M +$1.71M +13,913 +9%
DIP
47
DT Investment Partners
Pennsylvania
$20.8M +$4.38M +35,617 +27%
Fiera Capital (Canada)
48
Fiera Capital (Canada)
Quebec, Canada
$20.4M +$16.6M +135,333 +460%
BTS
49
BB&T Securities
Virginia
$20.2M +$330K +2,690 +20%
Cambridge Investment Research Advisors
50
Cambridge Investment Research Advisors
Iowa
$19.8M +$487K +3,960 +3%

JNK Hedge Fund Activity: Q1 2014 in Review

345 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2014, worth a combined $5.48B — up 7% from $5.12B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new JNK positions and 35 closed out — a net gain of 8 holders — while 142 added to existing stakes and 115 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $94.4M. The largest seller was State Street, cutting an estimated $84.9M.

  • 345 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2014, up from 339 in Q4 2013.
  • Funds reported $5.48B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2014, up 7% quarter-over-quarter.
  • 43 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2014 and 35 closed out, a net change of +8 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2014 was Bank of New York Mellon, an estimated $94.4M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2014 was State Street, an estimated $84.9M sold.

Based on aggregated 13F filings for Q1 2014.