State Street SPDR Bloomberg High Yield Bond ETF
446 hedge funds and large institutions have $8.45B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2019 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 161 increasing their positions, 205 reducing their positions, and 82 closing their positions.
62.98% more ownership
Funds ownership: 28.14% → 91.12% (+63%)
7% more capital invested
Capital invested by funds: $7.88B → $8.45B (+$573M)
6% less funds holding
Funds holding: 476 → 446 (-30)
8% less funds holding in top 10
Funds holding in top 10: 38 → 35 (-3)
21% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 205
28% less first-time investments, than exits
New positions opened: 59 | Existing positions closed: 82
76% less call options, than puts
Call options by funds: $347M | Put options by funds: $1.44B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$377M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
+$300M |
| 3 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$265M |
| 4 |
Citigroup
New York
|
+$235M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$223M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$377M |
| 2 |
BlackRock
New York
|
-$284M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$230M |
| 4 |
JG
Jefferies Group
New York
|
-$204M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$168M |
JNK Hedge Fund Activity: Q2 2019 in Review
446 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2019, worth a combined $8.45B — up 7.3% from $7.88B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of JNK and 59 opened new positions — a net loss of 23 holders — while 205 trimmed existing stakes and 161 added.
The largest buyer was JP Morgan Chase, adding an estimated $377M. The largest seller was UBS Group, cutting an estimated $377M.
- 446 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2019, down from 476 in Q1 2019.
- Funds reported $8.45B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2019, up 7.3% quarter-over-quarter.
- 59 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2019 and 82 closed out, a net change of -23 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2019 was JP Morgan Chase, an estimated $377M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2019 was UBS Group, an estimated $377M sold.
Based on aggregated 13F filings for Q2 2019.