State Street SPDR Bloomberg High Yield Bond ETF
471 hedge funds and large institutions have $7.95B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2018 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 147 increasing their positions, 196 reducing their positions, and 62 closing their positions.
3.45% more ownership
Funds ownership: 26.72% → 30.17% (+3.5%)
3% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 62
1% less funds holding
Funds holding: 476 → 471 (-5)
19% less capital invested
Capital invested by funds: $9.87B → $7.95B (-$1.92B)
25% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 196
32% less funds holding in top 10
Funds holding in top 10: 41 → 28 (-13)
68% less call options, than puts
Call options by funds: $51.6M | Put options by funds: $161M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$300M |
| 2 |
Jane Street
New York
|
+$156M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$89.5M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$75.1M |
| 5 |
AB
Aozora Bank
Tokyo,
Japan
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$809M |
| 2 |
BlackRock
New York
|
-$244M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$152M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$140M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$96.3M |
JNK Hedge Fund Activity: Q1 2018 in Review
471 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2018, worth a combined $7.95B — down 19% from $9.87B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new JNK positions and 62 closed out — a net gain of 2 holders — while 147 added to existing stakes and 196 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $300M. The largest seller was State Street, cutting an estimated $809M.
- 471 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2018, down from 476 in Q4 2017.
- Funds reported $7.95B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2018, down 19% quarter-over-quarter.
- 64 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2018 and 62 closed out, a net change of +2 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2018 was Goldman Sachs, an estimated $300M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2018 was State Street, an estimated $809M sold.
Based on aggregated 13F filings for Q1 2018.