State Street SPDR Bloomberg High Yield Bond ETF
536 hedge funds and large institutions have $10.7B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2022 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 166 increasing their positions, 151 reducing their positions, and 67 closing their positions.
113% more first-time investments, than exits
New positions opened: 143 | Existing positions closed: 67
77% more capital invested
Capital invested by funds: $6.05B → $10.7B (+$4.67B)
42% more funds holding in top 10
Funds holding in top 10: 19 → 27 (+8)
15% more funds holding
Funds holding: 466 → 536 (+70)
10% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 151
27.34% less ownership
Funds ownership: 129.27% → 101.93% (-27%)
87% less call options, than puts
Call options by funds: $19.8M | Put options by funds: $157M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$976M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$503M |
| 3 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$231M |
| 4 |
AssetMark Inc
Concord,
California
|
+$220M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$148M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$233M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$36.1M |
| 3 |
VWM
Venturi Wealth Management
Austin,
Texas
|
-$32.5M |
| 4 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$27.9M |
| 5 |
Blackstone Inc
New York
|
-$24M |
JNK Hedge Fund Activity: Q4 2022 in Review
536 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2022, worth a combined $10.7B — up 77% from $6.05B a quarter earlier.
Buyers outnumbered sellers: 143 funds opened new JNK positions and 67 closed out — a net gain of 76 holders — while 166 added to existing stakes and 151 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $976M. The largest seller was Jane Street, cutting an estimated $233M.
- 536 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2022, up from 466 in Q3 2022.
- Funds reported $10.7B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2022, up 77% quarter-over-quarter.
- 143 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2022 and 67 closed out, a net change of +76 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2022 was Clark Capital Management Group, an estimated $976M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2022 was Jane Street, an estimated $233M sold.
Based on aggregated 13F filings for Q4 2022.