State Street SPDR Bloomberg High Yield Bond ETF

JNK

Market cap $7.36B

JNK Hedge Fund Activity: Q2 2016 in Review

381 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2016, worth a combined $8.82B — down 9.5% from $9.74B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of JNK and 50 opened new positions — a net loss of 2 holders — while 138 trimmed existing stakes and 139 added.

The largest buyer was British Columbia Investment Management, opening a new position worth an estimated $260M. The largest seller was BlackRock Advisors, cutting an estimated $339M.

• 381 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2016, down from 387 in Q1 2016.
• Funds reported $8.82B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2016, down 9.5% quarter-over-quarter.
• 50 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2016 and 52 closed out, a net change of -2 holders.
• The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2016 was British Columbia Investment Management, an estimated $260M added.
• The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2016 was BlackRock Advisors, an estimated $339M sold.

Based on aggregated 13F filings for Q2 2016.