State Street SPDR Portfolio Corporate Bond ETF
SPBO
97 hedge funds and large institutions have $550M invested in State Street SPDR Portfolio Corporate Bond ETF in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 45 increasing their positions, 27 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
67% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 27
38% more capital invested
Capital invested by funds: $399M → $550M (+$151M)
15.12% more ownership
Funds ownership: 62.61% → 77.74% (+15%)
5% more funds holding
Funds holding: 92 → 97 (+5)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$30.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$14.7M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$10M |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$3.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.3M |
| 2 |
Squarepoint
New York
|
-$6.28M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$4.48M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$3.19M |
| 5 |
WA
Wealthstar Advisors
Plano,
Texas
|
-$2.79M |
SPBO Hedge Fund Activity: Q2 2023 in Review
97 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q2 2023, worth a combined $550M — up 38% from $399M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SPBO positions and 9 closed out — a net gain of 6 holders — while 45 added to existing stakes and 27 trimmed.
The largest buyer was Ameriprise, adding an estimated $30.1M. The largest seller was Bank of Montreal, exiting entirely with an estimated $6.3M sold.
- 97 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q2 2023, up from 92 in Q1 2023.
- Funds reported $550M of State Street SPDR Portfolio Corporate Bond ETF stock for Q2 2023, up 38% quarter-over-quarter.
- 15 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q2 2023 and 9 closed out, a net change of +6 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q2 2023 was Ameriprise, an estimated $30.1M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q2 2023 was Bank of Montreal, an estimated $6.3M sold.
Based on aggregated 13F filings for Q2 2023.