State Street SPDR Bloomberg High Yield Bond ETF
478 hedge funds and large institutions have $8.26B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2020 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 171 increasing their positions, 141 reducing their positions, and 61 closing their positions.
62% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 61
21% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 141
17% more capital invested
Capital invested by funds: $7.07B → $8.26B (+$1.19B)
8% more funds holding
Funds holding: 443 → 478 (+35)
7% more funds holding in top 10
Funds holding in top 10: 27 → 29 (+2)
25.38% less ownership
Funds ownership: 96.18% → 70.8% (-25%)
87% less call options, than puts
Call options by funds: $18.3M | Put options by funds: $143M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$353M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$330M |
| 3 |
State Street
Boston,
Massachusetts
|
+$216M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$164M |
| 5 |
JP Morgan Chase
New York
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$255M |
| 2 |
AssetMark Inc
Concord,
California
|
-$198M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$163M |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$162M |
| 5 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
-$122M |
JNK Hedge Fund Activity: Q2 2020 in Review
478 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2020, worth a combined $8.26B — up 17% from $7.07B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new JNK positions and 61 closed out — a net gain of 38 holders — while 171 added to existing stakes and 141 trimmed.
The largest buyer was Bank of America, adding an estimated $353M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $255M sold.
- 478 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2020, up from 443 in Q1 2020.
- Funds reported $8.26B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2020, up 17% quarter-over-quarter.
- 99 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2020 and 61 closed out, a net change of +38 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2020 was Bank of America, an estimated $353M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2020 was BlueCrest Capital Management, an estimated $255M sold.
Based on aggregated 13F filings for Q2 2020.