State Street SPDR Bloomberg High Yield Bond ETF
531 hedge funds and large institutions have $7.97B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2023 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 161 increasing their positions, 182 reducing their positions, and 68 closing their positions.
44% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 68
8% more capital invested
Capital invested by funds: $7.39B → $7.97B (+$575M)
5% more funds holding
Funds holding: 508 → 531 (+23)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
7.76% less ownership
Funds ownership: 104.59% → 96.83% (-7.8%)
12% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 182
19% less call options, than puts
Call options by funds: $49.3M | Put options by funds: $60.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$275M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$244M |
| 3 |
KAM
Kensington Asset Management
Austin,
Texas
|
+$151M |
| 4 |
Man Group
London,
United Kingdom
|
+$81.5M |
| 5 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$67.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$300M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$130M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$96.2M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$90.8M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$82.5M |
JNK Hedge Fund Activity: Q4 2023 in Review
531 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2023, worth a combined $7.97B — up 7.8% from $7.39B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new JNK positions and 68 closed out — a net gain of 30 holders — while 161 added to existing stakes and 182 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $275M. The largest seller was Jane Street, cutting an estimated $300M.
- 531 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2023, up from 508 in Q3 2023.
- Funds reported $7.97B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2023, up 7.8% quarter-over-quarter.
- 98 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2023 and 68 closed out, a net change of +30 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2023 was Goldman Sachs, an estimated $275M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2023 was Jane Street, an estimated $300M sold.
Based on aggregated 13F filings for Q4 2023.