State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
254 hedge funds and large institutions have $1.14B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 68 increasing their positions, 110 reducing their positions, and 59 closing their positions.
5.25% less ownership
Funds ownership: 49.31% → 44.06% (-5.2%)
6% less funds holding
Funds holding: 270 → 254 (-16)
20% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 59
38% less funds holding in top 10
Funds holding in top 10: 21 → 13 (-8)
38% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 110
42% less capital invested
Capital invested by funds: $1.94B → $1.14B (-$807M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$21.7M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$18.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.9M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$12.4M |
| 5 |
MLM
Mount Lucas Management
Newtown,
Pennsylvania
|
+$9.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$175M |
| 2 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$60.7M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$57.4M |
| 4 |
GC
Grimes & Company
Westborough,
Massachusetts
|
-$56.9M |
| 5 |
AssetMark Inc
Concord,
California
|
-$33.8M |
SJNK Hedge Fund Activity: Q4 2018 in Review
254 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q4 2018, worth a combined $1.14B — down 42% from $1.94B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of SJNK and 47 opened new positions — a net loss of 12 holders — while 110 trimmed existing stakes and 68 added.
The largest buyer was Westwood Holdings Group, opening a new position worth an estimated $21.7M. The largest seller was Creative Planning, cutting an estimated $175M.
- 254 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q4 2018, down from 270 in Q3 2018.
- Funds reported $1.14B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q4 2018, down 42% quarter-over-quarter.
- 47 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q4 2018 and 59 closed out, a net change of -12 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q4 2018 was Westwood Holdings Group, an estimated $21.7M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q4 2018 was Creative Planning, an estimated $175M sold.
Based on aggregated 13F filings for Q4 2018.