State Street SPDR Bloomberg High Yield Bond ETF
368 hedge funds and large institutions have $6.19B 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.
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
16% more capital invested
Capital invested by funds: $5.34B → $6.19B (+$859M)
8% more funds holding
Funds holding: 340 → 368 (+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: 33 → 33 (0)
90% less call options, than puts
Call options by funds: $20M | Put options by funds: $202M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$385M |
| 2 |
State Street
Boston,
Massachusetts
|
+$206M |
| 3 |
AB
Aozora Bank
Tokyo,
Japan
|
+$201M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$79.9M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$57.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$186M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$68.1M |
| 3 |
JG
Jefferies Group
New York
|
-$50.2M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$49.9M |
| 5 |
TCA
Taconic Capital Advisors
New York
|
-$30.1M |
JNK Hedge Fund Activity: Q4 2014 in Review
368 of the 3,765 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 $6.19B — up 16% from $5.34B 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 Bank of America, cutting an estimated $186M.
- 368 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2014, up from 340 in Q3 2014.
- Funds reported $6.19B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2014, up 16% 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 Bank of America, an estimated $186M sold.
Based on aggregated 13F filings for Q4 2014.