State Street SPDR Bloomberg High Yield Bond ETF
549 hedge funds and large institutions have $7.1B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2025 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 186 increasing their positions, 190 reducing their positions, and 74 closing their positions.
177% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $6.33M
20% more funds holding in top 10
Funds holding in top 10: 20 → 24 (+4)
3.1% more ownership
Funds ownership: 92.54% → 95.64% (+3.1%)
2% more capital invested
Capital invested by funds: $6.99B → $7.1B (+$108M)
1% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 74
1% less funds holding
Funds holding: 552 → 549 (-3)
2% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 190
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$250M |
| 2 |
State Street
Boston,
Massachusetts
|
+$175M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$116M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$71.4M |
| 5 |
Morgan Stanley
New York
|
+$65.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$192M |
| 2 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
-$148M |
| 3 |
KAM
Kensington Asset Management
Austin,
Texas
|
-$108M |
| 4 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
-$105M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$32.5M |
JNK Hedge Fund Activity: Q2 2025 in Review
549 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q2 2025, worth a combined $7.1B — up 1.5% from $6.99B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new JNK positions and 74 closed out — a net gain of 1 holder — while 186 added to existing stakes and 190 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, adding an estimated $250M. The largest seller was Clark Capital Management Group, cutting an estimated $192M.
- 549 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q2 2025, down from 552 in Q1 2025.
- Funds reported $7.1B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q2 2025, up 1.5% quarter-over-quarter.
- 75 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q2 2025 and 74 closed out, a net change of +1 holder.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q2 2025 was Gallagher Fiduciary Advisors, an estimated $250M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q2 2025 was Clark Capital Management Group, an estimated $192M sold.
Based on aggregated 13F filings for Q2 2025.