State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
179 hedge funds and large institutions have $2.36B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 76 increasing their positions, 62 reducing their positions, and 22 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 62
18% more funds holding in top 10
Funds holding in top 10: 17 → 20 (+3)
6% more capital invested
Capital invested by funds: $2.23B → $2.36B (+$129M)
0.27% less ownership
Funds ownership: 71.26% → 70.99% (-0.27%)
6% less funds holding
Funds holding: 191 → 179 (-12)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$49.7M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$45.9M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$44.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$36.5M |
| 5 |
SAM
Symphony Asset Management
San Francisco,
California
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$57.7M |
| 2 |
Jane Street
New York
|
-$49.1M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$25.5M |
| 4 |
BCM
Bluefin Capital Management
New York
|
-$18.2M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$13.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$29K | -1,083 | Closed |
|
|
SCM
202
Southport Capital Management
Chattanooga,
Tennessee
| – | -$28K | -1,035 | Closed |
|
|
FMII
203
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$20K | -727 | Closed |
|
SJNK Hedge Fund Activity: Q3 2016 in Review
179 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q3 2016, worth a combined $2.36B — up 5.8% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SJNK and 13 opened new positions — a net loss of 9 holders — while 62 trimmed existing stakes and 76 added.
The largest buyer was Sentinel Asset Management, adding an estimated $49.7M. The largest seller was RiverFront Investment Group, cutting an estimated $57.7M.
- 179 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q3 2016, down from 191 in Q2 2016.
- Funds reported $2.36B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q3 2016, up 5.8% quarter-over-quarter.
- 13 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q3 2016 and 22 closed out, a net change of -9 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q3 2016 was Sentinel Asset Management, an estimated $49.7M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q3 2016 was RiverFront Investment Group, an estimated $57.7M sold.
Based on aggregated 13F filings for Q3 2016.