State Street SPDR Bloomberg High Yield Bond ETF
562 hedge funds and large institutions have $6.81B invested in State Street SPDR Bloomberg High Yield Bond ETF in 2025 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 191 increasing their positions, 188 reducing their positions, and 59 closing their positions.
46% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 59
18% more funds holding in top 10
Funds holding in top 10: 22 → 26 (+4)
4% more funds holding
Funds holding: 539 → 562 (+23)
2.27% more ownership
Funds ownership: 86.28% → 88.55% (+2.3%)
2% more repeat investments, than reductions
Existing positions increased: 191 | Existing positions reduced: 188
4% less capital invested
Capital invested by funds: $7.09B → $6.81B (-$283M)
7% less call options, than puts
Call options by funds: $13.3M | Put options by funds: $14.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFI
American Family Investments
Madison,
Wisconsin
|
+$203M |
| 2 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$175M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$80M |
| 4 |
MWM
Moulton Wealth Management
Spokane,
Washington
|
+$38.5M |
| 5 |
APC
Aristotle Pacific Capital
Newport Beach,
California
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$144M |
| 2 |
JP Morgan Chase
New York
|
-$131M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$104M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$95.5M |
| 5 |
AC
Allstate Corporation
Northbrook,
Illinois
|
-$89.6M |
JNK Hedge Fund Activity: Q4 2025 in Review
562 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg High Yield Bond ETF (JNK) for Q4 2025, worth a combined $6.81B — down 4% from $7.09B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new JNK positions and 59 closed out — a net gain of 27 holders — while 191 added to existing stakes and 188 trimmed.
The largest buyer was American Family Investments, opening a new position worth an estimated $203M. The largest seller was State Street, cutting an estimated $144M.
- 562 institutional investors held State Street SPDR Bloomberg High Yield Bond ETF (JNK) as of Q4 2025, up from 539 in Q3 2025.
- Funds reported $6.81B of State Street SPDR Bloomberg High Yield Bond ETF stock for Q4 2025, down 4% quarter-over-quarter.
- 86 funds opened new State Street SPDR Bloomberg High Yield Bond ETF positions in Q4 2025 and 59 closed out, a net change of +27 holders.
- The largest State Street SPDR Bloomberg High Yield Bond ETF buyer in Q4 2025 was American Family Investments, an estimated $203M added.
- The largest State Street SPDR Bloomberg High Yield Bond ETF seller in Q4 2025 was State Street, an estimated $144M sold.
Based on aggregated 13F filings for Q4 2025.