State Street SPDR Bloomberg High Yield Bond ETF
468 hedge funds and large institutions have $8.98B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2019 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 164 increasing their positions, 155 reducing their positions, and 46 closing their positions.
52% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 46
7% more capital invested
Capital invested by funds: $8.39B → $8.98B (+$592M)
5% more funds holding
Funds holding: 446 → 468 (+22)
3% more funds holding in top 10
Funds holding in top 10: 35 → 36 (+1)
6% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 155
1.58% less ownership
Funds ownership: 90.51% → 88.94% (-1.6%)
88% less call options, than puts
Call options by funds: $28M | Put options by funds: $234M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$369M |
| 2 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$361M |
| 3 |
Goldman Sachs
New York
|
+$195M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$137M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$355M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$337M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$223M |
| 4 |
Jane Street
New York
|
-$185M |
| 5 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$175M |
JNK Hedge Fund Activity: Q3 2019 in Review
468 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q3 2019, worth a combined $8.98B — up 7.1% from $8.39B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new JNK positions and 46 closed out — a net gain of 24 holders — while 164 added to existing stakes and 155 trimmed.
The largest buyer was Wells Fargo, adding an estimated $369M. The largest seller was JP Morgan Chase, cutting an estimated $355M.
- 468 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q3 2019, up from 446 in Q2 2019.
- Funds reported $8.98B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q3 2019, up 7.1% quarter-over-quarter.
- 70 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q3 2019 and 46 closed out, a net change of +24 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q3 2019 was Wells Fargo, an estimated $369M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q3 2019 was JP Morgan Chase, an estimated $355M sold.
Based on aggregated 13F filings for Q3 2019.