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State Street SPDR Bloomberg High Yield Bond ETF

387 hedge funds and large institutions have $9.74B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2016 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 165 increasing their positions, 107 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 107

45% more first-time investments, than exits

New positions opened: 68 | Existing positions closed: 47

38% more capital invested

Capital invested by funds: $7.05B → $9.74B (+$2.69B)

37% more funds holding in top 10

Funds holding in top 10: 3041 (+11)

4% more funds holding

Funds holding: 371387 (+16)

1.26% more ownership

Funds ownership: 25.62%26.88% (+1.3%)

25% less call options, than puts

Call options by funds: $35.7M | Put options by funds: $47.8M

Holders
387
Holders Change
+16
Holders Change %
+4.31%
% of All Funds
10.31%
Holding in Top 10
41
Holding in Top 10 Change
+11
Holding in Top 10 Change %
+36.67%
% of All Funds
1.09%
New
68
Increased
165
Reduced
107
Closed
47
Calls
$35.7M
Puts
$47.8M
Net Calls
-$12.1M
Net Calls Change
+$59.3M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$750M -$71.1M -712,965 -9%
BA
2
BlackRock Advisors
Delaware
$720M +$264M +2,649,095 +61%
Wells Fargo
3
Wells Fargo
California
$708M +$57.9M +580,452 +9%
Bank of America
4
Bank of America
North Carolina
$469M +$16.7M +167,296 +4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$439M +$231M +2,312,108 +118%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$379M +$10.3M +103,281 +3%
Schroder Investment Management Group
7
Schroder Investment Management Group
United Kingdom
$301M +$5.09M +51,041 +2%
UBS Group
8
UBS Group
Switzerland
$261M +$54M +541,344 +27%
NSLI
9
Nan Shan Life Insurance
Taiwan
$260M +$46.8M +469,776 +23%
HIM
10
Hanlon Investment Management
New Jersey
$228M +$220M +2,210,081 +16,576%
LPL Financial
11
LPL Financial
California
$222M -$95.5M -958,215 -31%
AB
12
Aozora Bank
Japan
$216M -$41.9M -420,666 -17%
Goldman Sachs
13
Goldman Sachs
New York
$203M +$14.4M +144,515 +8%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$198M +$120M +1,199,897 +164%
RIG
15
RiverFront Investment Group
Virginia
$186M +$180M +1,807,988 New
JP Morgan Chase
16
JP Morgan Chase
New York
$171M +$4.42M +44,367 +3%
BG
17
BlackRock Group
United Kingdom
$161M +$76.9M +770,851 +97%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$159M +$34.3M +343,736 +28%
BC
19
Brinker Capital
Pennsylvania
$150M +$146M +1,461,387 New
Morgan Stanley
20
Morgan Stanley
New York
$142M -$14.6M -145,942 -10%
TAIM
21
TD Ameritrade Investment Management
Nebraska
$141M +$6.89M +69,102 +5%
BAM
22
BTS Asset Management
Massachusetts
$134M +$130M +1,303,456 New
AssetMark Inc
23
AssetMark Inc
California
$131M +$37.4M +374,686 +42%
CS
24
Credit Suisse
Switzerland
$122M +$107M +1,076,272 +977%
RJA
25
Raymond James & Associates
Florida
$109M +$48.5M +486,822 +85%

JNK Hedge Fund Activity: Q1 2016 in Review

387 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q1 2016, worth a combined $9.74B — up 38% from $7.05B a quarter earlier.

Buyers outnumbered sellers: 68 funds opened new JNK positions and 47 closed out — a net gain of 21 holders — while 165 added to existing stakes and 107 trimmed.

The largest buyer was BlackRock Advisors, adding an estimated $264M. The largest seller was LPL Financial, cutting an estimated $95.5M.

  • 387 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q1 2016, up from 371 in Q4 2015.
  • Funds reported $9.74B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q1 2016, up 38% quarter-over-quarter.
  • 68 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q1 2016 and 47 closed out, a net change of +21 holders.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q1 2016 was BlackRock Advisors, an estimated $264M added.
  • The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q1 2016 was LPL Financial, an estimated $95.5M sold.

Based on aggregated 13F filings for Q1 2016.