State Street SPDR Bloomberg High Yield Bond ETF

JNK

Market cap $7.36B

JNK Hedge Fund Activity: Q3 2015 in Review

340 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q3 2015, worth a combined $6.33B — down 7.2% from $6.82B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of JNK and 31 opened new positions — a net loss of 27 holders — while 146 trimmed existing stakes and 113 added.

The largest buyer was Bank of America, adding an estimated $376M. The largest seller was State Street, cutting an estimated $91.4M.

• 340 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q3 2015, down from 371 in Q2 2015.
• Funds reported $6.33B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q3 2015, down 7.2% quarter-over-quarter.
• 31 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q3 2015 and 58 closed out, a net change of -27 holders.
• The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q3 2015 was Bank of America, an estimated $376M added.
• The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q3 2015 was State Street, an estimated $91.4M sold.

Based on aggregated 13F filings for Q3 2015.