State Street SPDR Bloomberg High Yield Bond ETF
461 hedge funds and large institutions have $6.41B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2018 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 122 increasing their positions, 190 reducing their positions, and 89 closing their positions.
2.72% more ownership
Funds ownership: 28.11% → 30.84% (+2.7%)
7% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 89
1% more funds holding
Funds holding: 458 → 461 (+3)
24% less capital invested
Capital invested by funds: $8.49B → $6.41B (-$2.08B)
28% less funds holding in top 10
Funds holding in top 10: 36 → 26 (-10)
36% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 190
98% less call options, than puts
Call options by funds: $6.13M | Put options by funds: $402M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$114M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$103M |
| 3 |
Morgan Stanley
New York
|
+$75.3M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$71M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$63.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$205M |
| 2 |
JP Morgan Chase
New York
|
-$196M |
| 3 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$126M |
| 4 |
AssetMark Inc
Concord,
California
|
-$116M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$94.6M |
JNK Hedge Fund Activity: Q4 2018 in Review
461 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2018, worth a combined $6.41B — down 24% from $8.49B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new JNK positions and 89 closed out — a net gain of 6 holders — while 122 added to existing stakes and 190 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $114M. The largest seller was UBS Group, cutting an estimated $205M.
- 461 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2018, up from 458 in Q3 2018.
- Funds reported $6.41B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2018, down 24% quarter-over-quarter.
- 95 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2018 and 89 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2018 was Flow Traders U.S., an estimated $114M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2018 was UBS Group, an estimated $205M sold.
Based on aggregated 13F filings for Q4 2018.