State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
153 hedge funds and large institutions have $1.79B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 79 increasing their positions, 24 reducing their positions, and 12 closing their positions.
233% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 12
229% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 24
23% more capital invested
Capital invested by funds: $1.45B → $1.79B (+$337M)
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
21% more funds holding
Funds holding: 126 → 153 (+27)
3.06% less ownership
Funds ownership: 61.24% → 58.18% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$74.2M |
| 2 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
+$35.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$33.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$31.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$93.6M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$33.5M |
| 3 |
Jane Street
New York
|
-$13.7M |
| 4 |
SONJCPFB
State of New Jersey Common Pension Fund B
Trenton,
New Jersey
|
-$9.93M |
| 5 |
BWAM
Boyd Watterson Asset Management
Cleveland,
Ohio
|
-$8.86M |
SJNK Hedge Fund Activity: Q4 2013 in Review
153 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q4 2013, worth a combined $1.79B — up 23% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SJNK positions and 12 closed out — a net gain of 28 holders — while 79 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $74.2M. The largest seller was WBI Investments, exiting entirely with an estimated $93.6M sold.
- 153 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q4 2013, up from 126 in Q3 2013.
- Funds reported $1.79B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q4 2013, up 23% quarter-over-quarter.
- 40 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q4 2013 and 12 closed out, a net change of +28 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q4 2013 was Bank of America, an estimated $74.2M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q4 2013 was WBI Investments, an estimated $93.6M sold.
Based on aggregated 13F filings for Q4 2013.