State Street SPDR Portfolio Corporate Bond ETF
SPBO
92 hedge funds and large institutions have $399M invested in State Street SPDR Portfolio Corporate Bond ETF in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 19 reducing their positions, and 12 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 19
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more funds holding
Funds holding: 81 → 92 (+11)
9% less capital invested
Capital invested by funds: $437M → $399M (-$38.5M)
26.52% less ownership
Funds ownership: 89.13% → 62.61% (-27%)
82% less call options, than puts
Call options by funds: $3.96M | Put options by funds: $21.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$18.1M |
| 2 |
CI
CX Institutional
Auburn,
Indiana
|
+$16.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$13.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.99M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$4.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$51M |
| 2 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
-$17.6M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
-$12.1M |
| 4 |
Jane Street
New York
|
-$8.84M |
| 5 |
DK
David Kennon
Sarasota,
Florida
|
-$6.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWP
101
Concord Wealth Partners
Abingdon,
Virginia
| – | -$28.9K | -1,020 | Closed |
|
|
HR
102
Howe & Rusling
Rochester,
New York
| – | -$25.3K | -890 | Closed |
|
|
RIA
103
Realta Investment Advisors
Wilmington,
Delaware
| – | -$8.51K | -300 | Closed |
|
|
MWM
104
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$4.21K | -148 | Closed |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$85 | -3 | Closed |
|
SPBO Hedge Fund Activity: Q1 2023 in Review
92 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q1 2023, worth a combined $399M — down 8.8% from $437M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SPBO positions and 12 closed out — a net gain of 13 holders — while 40 added to existing stakes and 19 trimmed.
The largest buyer was IHT Wealth Management, adding an estimated $18.1M. The largest seller was Squarepoint, cutting an estimated $51M.
- 92 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q1 2023, up from 81 in Q4 2022.
- Funds reported $399M of State Street SPDR Portfolio Corporate Bond ETF stock for Q1 2023, down 8.8% quarter-over-quarter.
- 25 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q1 2023 and 12 closed out, a net change of +13 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q1 2023 was IHT Wealth Management, an estimated $18.1M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q1 2023 was Squarepoint, an estimated $51M sold.
Based on aggregated 13F filings for Q1 2023.