State Street SPDR Bloomberg High Yield Bond ETF
508 hedge funds and large institutions have $7.39B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 166 increasing their positions, 180 reducing their positions, and 57 closing their positions.
15% more funds holding in top 10
Funds holding in top 10: 20 → 23 (+3)
6.47% more ownership
Funds ownership: 98.12% → 104.59% (+6.5%)
2% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 57
8% less repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 180
1% less funds holding
Funds holding: 514 → 508 (-6)
9% less capital invested
Capital invested by funds: $8.14B → $7.39B (-$745M)
52% less call options, than puts
Call options by funds: $15.2M | Put options by funds: $31.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$109M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$87.7M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$70.9M |
| 4 |
Goldman Sachs
New York
|
+$66M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$52.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$385M |
| 2 |
BlackRock
New York
|
-$249M |
| 3 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$170M |
| 4 |
KAM
Kensington Asset Management
Austin,
Texas
|
-$112M |
| 5 |
Morgan Stanley
New York
|
-$78.2M |
JNK Hedge Fund Activity: Q3 2023 in Review
508 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q3 2023, worth a combined $7.39B — down 9.2% from $8.14B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new JNK positions and 57 closed out — a net gain of 1 holder — while 166 added to existing stakes and 180 trimmed.
The largest buyer was Jane Street, adding an estimated $109M. The largest seller was Clark Capital Management Group, cutting an estimated $385M.
- 508 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q3 2023, down from 514 in Q2 2023.
- Funds reported $7.39B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q3 2023, down 9.2% quarter-over-quarter.
- 58 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q3 2023 and 57 closed out, a net change of +1 holder.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q3 2023 was Jane Street, an estimated $109M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q3 2023 was Clark Capital Management Group, an estimated $385M sold.
Based on aggregated 13F filings for Q3 2023.