State Street SPDR Bloomberg High Yield Bond ETF
387 hedge funds and large institutions have $9.74B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2016 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 165 increasing their positions, 107 reducing their positions, and 47 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 107
45% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 47
38% more capital invested
Capital invested by funds: $7.05B → $9.74B (+$2.69B)
37% more funds holding in top 10
Funds holding in top 10: 30 → 41 (+11)
4% more funds holding
Funds holding: 371 → 387 (+16)
1.26% more ownership
Funds ownership: 25.62% → 26.88% (+1.3%)
25% less call options, than puts
Call options by funds: $35.7M | Put options by funds: $47.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$264M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$231M |
| 3 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$220M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$180M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$146M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$95.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$71.1M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$45.4M |
| 4 |
AB
Aozora Bank
Tokyo,
Japan
|
-$41.9M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$33.9M |
JNK Hedge Fund Activity: Q1 2016 in Review
387 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2016, worth a combined $9.74B — up 38% from $7.05B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new JNK positions and 47 closed out — a net gain of 21 holders — while 165 added to existing stakes and 107 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $264M. The largest seller was LPL Financial, cutting an estimated $95.5M.
- 387 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2016, up from 371 in Q4 2015.
- Funds reported $9.74B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2016, up 38% quarter-over-quarter.
- 68 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2016 and 47 closed out, a net change of +21 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2016 was BlackRock Advisors, an estimated $264M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2016 was LPL Financial, an estimated $95.5M sold.
Based on aggregated 13F filings for Q1 2016.