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State Street SPDR Bloomberg High Yield Bond ETF

367 hedge funds and large institutions have $5.55B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2014 Q4 according to their latest regulatory filings, with 80 funds opening new positions, 134 increasing their positions, 105 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 43

28% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 105

8% more funds holding

Funds holding: 339367 (+28)

1.24% more ownership

Funds ownership: 20.15%21.39% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 3333 (0)

44% less capital invested

Capital invested by funds: $9.9B → $5.55B (-$4.35B)

90% less call options, than puts

Call options by funds: $20M | Put options by funds: $202M

Holders
367
Holders Change
+28
Holders Change %
+8.26%
% of All Funds
9.79%
Holding in Top 10
33
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.88%
New
80
Increased
134
Reduced
105
Closed
43
Calls
$20M
Puts
$202M
Net Calls
-$182M
Net Calls Change
-$108M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$617M +$12.8M +108,255 +2%
State Street
2
State Street
Massachusetts
$579M +$206M +1,739,962 +53%
AB
3
Aozora Bank
Japan
$292M +$201M +1,696,666 +205%
Bank of America
4
Bank of America
North Carolina
$228M -$186M -1,571,147 -44%
LPL Financial
5
LPL Financial
California
$215M +$33M +277,892 +18%
MAA
6
Managed Account Advisors
New Jersey
$191M +$57.2M +481,739 +41%
UBS Group
7
UBS Group
Switzerland
$186M +$191M +1,606,791 New
Morgan Stanley
8
Morgan Stanley
New York
$181M +$15.3M +128,693 +9%
AUIM
9
Aegon USA Investment Management
Iowa
$179M -$17.4M -146,254 -9%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$121M +$79.9M +673,217 +180%
Goldman Sachs
11
Goldman Sachs
New York
$113M +$48.5M +408,818 +73%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$109M +$2.56M +21,546 +2%
HSBC Holdings
13
HSBC Holdings
United Kingdom
$104M +$30.3M +255,674 +40%
USAA
14
United Services Automobile Association
Texas
$90.5M +$4.47M +37,667 +5%
VOYA Investment Management
15
VOYA Investment Management
Georgia
$88.3M +$582K +4,901 +0.6%
TAIM
16
TD Ameritrade Investment Management
Nebraska
$87.5M +$6.42M +54,134 +8%
PP
17
Prudential plc
United Kingdom
$77.2M +$54.8M +461,667 +225%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$73.8M +$781K +6,586 +1%
AssetMark Inc
19
AssetMark Inc
California
$72.4M +$21.7M +182,668 +41%
Creative Planning
20
Creative Planning
Kansas
$71.4M -$13.3M -111,683 -15%
CNB
21
City National Bank
California
$69.9M +$38.5M +324,156 +116%
BA
22
BlackRock Advisors
Delaware
$69.1M
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$54.6M +$24.6M +207,433 +79%
TD Asset Management
24
TD Asset Management
Ontario, Canada
$54.3M -$6.04M -50,900 -10%
RJA
25
Raymond James & Associates
Florida
$47.7M +$2.5M +21,047 +5%

JNK Hedge Fund Activity: Q4 2014 in Review

367 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2014, worth a combined $5.55B — down 44% from $9.9B a quarter earlier.

Buyers outnumbered sellers: 80 funds opened new JNK positions and 43 closed out — a net gain of 37 holders — while 134 added to existing stakes and 105 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $385M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $4.87B sold.

  • 367 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2014, up from 339 in Q3 2014.
  • Funds reported $5.55B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2014, down 44% quarter-over-quarter.
  • 80 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2014 and 43 closed out, a net change of +37 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $385M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2014 was Americafirst Capital Management, an estimated $4.87B sold.

Based on aggregated 13F filings for Q4 2014.