State Street SPDR Bloomberg High Yield Bond ETF
514 hedge funds and large institutions have $8.14B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2023 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 170 increasing their positions, 178 reducing their positions, and 59 closing their positions.
20% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 59
16% more capital invested
Capital invested by funds: $7.01B → $8.14B (+$1.13B)
1% more funds holding
Funds holding: 508 → 514 (+6)
4% less repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 178
9.33% less ownership
Funds ownership: 107.45% → 98.12% (-9.3%)
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
62% less call options, than puts
Call options by funds: $14.3M | Put options by funds: $37.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$724M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$401M |
| 3 |
BlackRock
New York
|
+$255M |
| 4 |
AssetMark Inc
Concord,
California
|
+$223M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$338M |
| 2 |
CM
Cercano Management
Bellevue,
Washington
|
-$172M |
| 3 |
Morgan Stanley
New York
|
-$96.2M |
| 4 |
Goldman Sachs
New York
|
-$69.3M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$49.3M |
JNK Hedge Fund Activity: Q2 2023 in Review
514 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2023, worth a combined $8.14B — up 16% from $7.01B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new JNK positions and 59 closed out — a net gain of 12 holders — while 170 added to existing stakes and 178 trimmed.
The largest buyer was Clark Capital Management Group, opening a new position worth an estimated $724M. The largest seller was Jane Street, cutting an estimated $338M.
- 514 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2023, up from 508 in Q1 2023.
- Funds reported $8.14B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2023, up 16% quarter-over-quarter.
- 71 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2023 and 59 closed out, a net change of +12 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2023 was Clark Capital Management Group, an estimated $724M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2023 was Jane Street, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2023.