State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
126 hedge funds and large institutions have $1.45B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2013 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 60 increasing their positions, 15 reducing their positions, and 8 closing their positions.
475% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 8
300% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 15
103% more capital invested
Capital invested by funds: $715M → $1.45B (+$738M)
80% more funds holding in top 10
Funds holding in top 10: 10 → 18 (+8)
40% more funds holding
Funds holding: 90 → 126 (+36)
11.55% more ownership
Funds ownership: 49.69% → 61.24% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$159M |
| 2 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$140M |
| 3 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
+$55.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$38.6M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$33.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.6M |
| 2 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$2.89M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.3M |
| 4 |
VAM
Visionary Asset Management
Houston,
Texas
|
-$2.26M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$799K |
SJNK Hedge Fund Activity: Q3 2013 in Review
126 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q3 2013, worth a combined $1.45B — up 103% from $715M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new SJNK positions and 8 closed out — a net gain of 38 holders — while 60 added to existing stakes and 15 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $159M. The largest seller was Goldman Sachs, cutting an estimated $10.6M.
- 126 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q3 2013, up from 90 in Q2 2013.
- Funds reported $1.45B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q3 2013, up 103% quarter-over-quarter.
- 46 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q3 2013 and 8 closed out, a net change of +38 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q3 2013 was RiverFront Investment Group, an estimated $159M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q3 2013 was Goldman Sachs, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2013.