State Street SPDR Portfolio Corporate Bond ETF
SPBO
15 hedge funds and large institutions have $33.8M invested in State Street SPDR Portfolio Corporate Bond ETF in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.
2% less capital invested
Capital invested by funds: $34.6M → $33.8M (-$806K)
1.04% less ownership
Funds ownership: 79.94% → 78.9% (-1%)
12% less funds holding
Funds holding: 17 → 15 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$29.7M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$399K |
| 3 |
Morgan Stanley
New York
|
+$148K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$33.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$9.29M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.29M |
| 3 |
Citigroup
New York
|
-$9.27M |
| 4 |
Jane Street
New York
|
-$2.71M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$945K |
SPBO Hedge Fund Activity: Q4 2018 in Review
15 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q4 2018, worth a combined $33.8M — down 2.3% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPBO and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Stadion Money Management, opening a new position worth an estimated $29.7M. The largest seller was Goldman Sachs, exiting entirely with an estimated $9.29M sold.
- 15 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q4 2018, down from 17 in Q3 2018.
- Funds reported $33.8M of State Street SPDR Portfolio Corporate Bond ETF stock for Q4 2018, down 2.3% quarter-over-quarter.
- 3 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q4 2018 and 5 closed out, a net change of -2 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q4 2018 was Stadion Money Management, an estimated $29.7M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q4 2018 was Goldman Sachs, an estimated $9.29M sold.
Based on aggregated 13F filings for Q4 2018.