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State Street SPDR Bloomberg High Yield Bond ETF

371 hedge funds and large institutions have $7.05B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2015 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 165 increasing their positions, 106 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 106

27% more capital invested

Capital invested by funds: $5.55B → $7.05B (+$1.5B)

21% more funds holding in top 10

Funds holding in top 10: 3340 (+7)

19% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 47

1% more funds holding

Funds holding: 367371 (+4)

0% more ownership

Funds ownership: 21.39%21.39% (+0%)

80% less call options, than puts

Call options by funds: $16.7M | Put options by funds: $82.6M

Holders
371
Holders Change
+4
Holders Change %
+1.09%
% of All Funds
9.89%
Holding in Top 10
40
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+21.21%
% of All Funds
1.07%
New
56
Increased
165
Reduced
106
Closed
47
Calls
$16.7M
Puts
$82.6M
Net Calls
-$65.9M
Net Calls Change
+$116M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$746M +$119M +1,012,391 +19%
State Street
2
State Street
Massachusetts
$735M +$147M +1,252,038 +25%
Bank of America
3
Bank of America
North Carolina
$341M +$109M +928,699 +47%
AB
4
Aozora Bank
Japan
$297M
MAA
5
Managed Account Advisors
New Jersey
$284M +$90M +767,647 +47%
LPL Financial
6
LPL Financial
California
$245M +$26.6M +227,157 +12%
Morgan Stanley
7
Morgan Stanley
New York
$239M +$55.3M +471,068 +30%
BA
8
BlackRock Advisors
Delaware
$221M +$150M +1,277,656 +214%
UBS Group
9
UBS Group
Switzerland
$211M +$21.6M +184,124 +11%
AUIM
10
Aegon USA Investment Management
Iowa
$167M -$15M -128,231 -8%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$142M +$18.7M +159,411 +15%
NSLI
12
Nan Shan Life Insurance
Taiwan
$132M +$132M +1,124,849 New
TD Asset Management
13
TD Asset Management
Ontario, Canada
$118M +$63.1M +537,500 +115%
HSBC Holdings
14
HSBC Holdings
United Kingdom
$115M +$9.43M +80,420 +9%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$111M +$981K +8,361 +0.9%
USAA
16
United Services Automobile Association
Texas
$97.2M +$5.24M +44,633 +6%
TAIM
17
TD Ameritrade Investment Management
Nebraska
$94.6M +$5.76M +49,128 +7%
Rafferty Asset Management
18
Rafferty Asset Management
New York
$88.3M +$83M +707,495 +1,642%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$85.4M +$10.4M +88,754 +14%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$84.3M +$57.5M +490,023 +216%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$83.8M +$28.3M +241,146 +51%
CS
22
Credit Suisse
Switzerland
$78.5M +$60.2M +513,239 +333%
Goldman Sachs
23
Goldman Sachs
New York
$78.2M -$36.1M -308,052 -32%
VOYA Investment Management
24
VOYA Investment Management
Georgia
$75.6M -$14.1M -119,865 -16%
GC
25
Guggenheim Capital
Illinois
$74.5M +$55.8M +475,985 +303%

JNK Hedge Fund Activity: Q1 2015 in Review

371 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2015, worth a combined $7.05B — up 27% from $5.55B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new JNK positions and 47 closed out — a net gain of 9 holders — while 165 added to existing stakes and 106 trimmed.

The largest buyer was BlackRock Advisors, adding an estimated $150M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $313M.

  • 371 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2015, up from 367 in Q4 2014.
  • Funds reported $7.05B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2015, up 27% quarter-over-quarter.
  • 56 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2015 and 47 closed out, a net change of +9 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2015 was BlackRock Advisors, an estimated $150M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $313M sold.

Based on aggregated 13F filings for Q1 2015.