State Street SPDR Bloomberg High Yield Bond ETF
518 hedge funds and large institutions have $10.7B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2020 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 200 increasing their positions, 154 reducing their positions, and 44 closing their positions.
109% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 44
39% more funds holding in top 10
Funds holding in top 10: 28 → 39 (+11)
30% more repeat investments, than reductions
Existing positions increased: 200 | Existing positions reduced: 154
8% more funds holding
Funds holding: 478 → 518 (+40)
4% more capital invested
Capital invested by funds: $10.4B → $10.7B (+$370M)
1.43% less ownership
Funds ownership: 86.99% → 85.56% (-1.4%)
93% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $245M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$128M |
| 2 |
Morgan Stanley
New York
|
+$120M |
| 3 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$117M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$91.4M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$81.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$332M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$206M |
| 3 |
Goldman Sachs
New York
|
-$185M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$167M |
| 5 |
Jane Street
New York
|
-$164M |
JNK Hedge Fund Activity: Q4 2020 in Review
518 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2020, worth a combined $10.7B — up 3.6% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new JNK positions and 44 closed out — a net gain of 48 holders — while 200 added to existing stakes and 154 trimmed.
The largest buyer was Toews Corporation, opening a new position worth an estimated $128M. The largest seller was State Street, cutting an estimated $332M.
- 518 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2020, up from 478 in Q3 2020.
- Funds reported $10.7B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2020, up 3.6% quarter-over-quarter.
- 92 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2020 and 44 closed out, a net change of +48 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2020 was Toews Corporation, an estimated $128M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2020 was State Street, an estimated $332M sold.
Based on aggregated 13F filings for Q4 2020.