State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
318 hedge funds and large institutions have $2.19B invested in State Street SPDR Bloomberg Short Term High Yield Bond ETF in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 104 increasing their positions, 130 reducing their positions, and 63 closing their positions.
1.78% less ownership
Funds ownership: 68.97% → 67.19% (-1.8%)
8% less funds holding
Funds holding: 347 → 318 (-29)
10% less funds holding in top 10
Funds holding in top 10: 20 → 18 (-2)
12% less capital invested
Capital invested by funds: $2.49B → $2.19B (-$297M)
20% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 130
40% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$153M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$61.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$53.1M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$24.9M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$179M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$64.8M |
| 3 |
AssetMark Inc
Concord,
California
|
-$49.6M |
| 4 |
IMPI
Ilmarinen Mutual Pension Insurance
Helsinki,
Finland
|
-$49.3M |
| 5 |
Neuberger Berman Group
New York
|
-$45.8M |
SJNK Hedge Fund Activity: Q1 2023 in Review
318 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) for Q1 2023, worth a combined $2.19B — down 12% from $2.49B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SJNK and 38 opened new positions — a net loss of 25 holders — while 130 trimmed existing stakes and 104 added.
The largest buyer was Grimes & Company, opening a new position worth an estimated $153M. The largest seller was Jane Street, cutting an estimated $179M.
- 318 institutional investors held State Street SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) as of Q1 2023, down from 347 in Q4 2022.
- Funds reported $2.19B of State Street SPDR Bloomberg Short Term High Yield Bond ETF stock for Q1 2023, down 12% quarter-over-quarter.
- 38 funds opened new State Street SPDR Bloomberg Short Term High Yield Bond ETF positions in Q1 2023 and 63 closed out, a net change of -25 holders.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF buyer in Q1 2023 was Grimes & Company, an estimated $153M added.
- The largest State Street SPDR Bloomberg Short Term High Yield Bond ETF seller in Q1 2023 was Jane Street, an estimated $179M sold.
Based on aggregated 13F filings for Q1 2023.