State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
173 hedge funds and large institutions have $2.38B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2014 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 83 increasing their positions, 42 reducing their positions, and 14 closing their positions.
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
98% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 42
33% more capital invested
Capital invested by funds: $1.79B → $2.38B (+$589M)
18% more funds holding in top 10
Funds holding in top 10: 22 → 26 (+4)
13% more funds holding
Funds holding: 153 → 173 (+20)
4.92% more ownership
Funds ownership: 58.18% → 63.1% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$160M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$108M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$105M |
| 4 |
Jane Street
New York
|
+$43.6M |
| 5 |
LPL Financial
San Diego,
California
|
+$43.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$51.4M |
| 2 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$36.3M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$12.4M |
| 4 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$11.8M |
| 5 |
FF
Friedenthal Financial
Marlton,
New Jersey
|
-$7.47M |
SJNK Hedge Fund Activity: Q1 2014 in Review
173 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q1 2014, worth a combined $2.38B — up 33% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SJNK positions and 14 closed out — a net gain of 20 holders — while 83 added to existing stakes and 42 trimmed.
The largest buyer was Aviance Capital Management, adding an estimated $160M. The largest seller was Deutsche Bank, cutting an estimated $51.4M.
- 173 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q1 2014, up from 153 in Q4 2013.
- Funds reported $2.38B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q1 2014, up 33% quarter-over-quarter.
- 34 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q1 2014 and 14 closed out, a net change of +20 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q1 2014 was Aviance Capital Management, an estimated $160M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q1 2014 was Deutsche Bank, an estimated $51.4M sold.
Based on aggregated 13F filings for Q1 2014.