State Street SPDR Bloomberg High Yield Bond ETF
519 hedge funds and large institutions have $9.46B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2019 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 190 increasing their positions, 137 reducing their positions, and 55 closing their positions.
104% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 55
39% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 137
22% more funds holding in top 10
Funds holding in top 10: 36 → 44 (+8)
11% more funds holding
Funds holding: 468 → 519 (+51)
5% more capital invested
Capital invested by funds: $8.98B → $9.46B (+$474M)
1.12% more ownership
Funds ownership: 88.94% → 90.06% (+1.1%)
90% less call options, than puts
Call options by funds: $15.4M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$719M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$114M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$108M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$67M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$62.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$212M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$119M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$116M |
| 4 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$95.3M |
| 5 |
Morgan Stanley
New York
|
-$75.8M |
JNK Hedge Fund Activity: Q4 2019 in Review
519 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2019, worth a combined $9.46B — up 5.3% from $8.98B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new JNK positions and 55 closed out — a net gain of 57 holders — while 190 added to existing stakes and 137 trimmed.
The largest buyer was BTS Asset Management, adding an estimated $719M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $212M.
- 519 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2019, up from 468 in Q3 2019.
- Funds reported $9.46B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2019, up 5.3% quarter-over-quarter.
- 112 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2019 and 55 closed out, a net change of +57 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2019 was BTS Asset Management, an estimated $719M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2019 was Manulife (Manufacturers Life Insurance), an estimated $212M sold.
Based on aggregated 13F filings for Q4 2019.