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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 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 116 increasing their positions, 141 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 43

20% more funds holding in top 10

Funds holding in top 10: 2530 (+5)

11% more capital invested

Capital invested by funds: $6.33B → $7.05B (+$726M)

9% more funds holding

Funds holding: 340371 (+31)

1.33% more ownership

Funds ownership: 24.29%25.62% (+1.3%)

18% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 141

73% less call options, than puts

Call options by funds: $26.7M | Put options by funds: $98M

Holders
371
Holders Change
+31
Holders Change %
+9.12%
% of All Funds
9.73%
Holding in Top 10
30
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+20%
% of All Funds
0.79%
New
78
Increased
116
Reduced
141
Closed
43
Calls
$26.7M
Puts
$98M
Net Calls
-$71.4M
Net Calls Change
-$26.8M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$815M +$78.9M +743,951 +10%
Wells Fargo
2
Wells Fargo
California
$642M -$23.2M -218,725 -3%
Bank of America
3
Bank of America
North Carolina
$447M -$233M -2,200,671 -33%
BA
4
BlackRock Advisors
Delaware
$444M +$187M +1,762,067 +68%
LPL Financial
5
LPL Financial
California
$319M +$121M +1,137,120 +57%
Schroder Investment Management Group
6
Schroder Investment Management Group
United Kingdom
$294M +$2.6M +24,537 +0.9%
AB
7
Aozora Bank
Japan
$257M
NSLI
8
Nan Shan Life Insurance
Taiwan
$210M +$60.9M +573,873 +39%
UBS Group
9
UBS Group
Switzerland
$203M +$17.9M +168,469 +9%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$199M +$139M +1,308,957 +202%
Goldman Sachs
11
Goldman Sachs
New York
$187M +$133M +1,254,529 +216%
JP Morgan Chase
12
JP Morgan Chase
New York
$165M +$111M +1,047,631 +184%
Morgan Stanley
13
Morgan Stanley
New York
$155M -$7.83M -73,806 -5%
TAIM
14
TD Ameritrade Investment Management
Nebraska
$132M +$36.5M +344,463 +36%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$123M +$6.14M +57,878 +5%
USAA
16
United Services Automobile Association
Texas
$106M +$1.32M +12,433 +1%
AssetMark Inc
17
AssetMark Inc
California
$91.3M +$16.2M +152,273 +20%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$90.5M -$615K -5,794 -0.6%
William Blair Investment Management
19
William Blair Investment Management
Illinois
$81.7M +$53.4M +503,667 +168%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$81.4M -$11.8M -110,748 -12%
CSIA
21
Charles Schwab Investment Advisory
California
$81.2M +$4.4M +41,454 +5%
BG
22
BlackRock Group
United Kingdom
$81.1M +$52.4M +493,600 +163%
Ameriprise
23
Ameriprise
Minnesota
$75.7M +$15.2M +143,638 +24%
PP
24
Prudential plc
United Kingdom
$75M +$39.3M +370,212 +101%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$74.3M +$7.24M +68,193 +10%

JNK Hedge Fund Activity: Q4 2015 in Review

371 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2015, worth a combined $7.05B — up 11% from $6.33B a quarter earlier.

Buyers outnumbered sellers: 78 funds opened new JNK positions and 43 closed out — a net gain of 35 holders — while 116 added to existing stakes and 141 trimmed.

The largest buyer was BlackRock Advisors, adding an estimated $187M. The largest seller was Bank of America, cutting an estimated $233M.

  • 371 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2015, up from 340 in Q3 2015.
  • Funds reported $7.05B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2015, up 11% quarter-over-quarter.
  • 78 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2015 and 43 closed out, a net change of +35 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2015 was BlackRock Advisors, an estimated $187M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2015 was Bank of America, an estimated $233M sold.

Based on aggregated 13F filings for Q4 2015.