State Street SPDR Portfolio Corporate Bond ETF
SPBO
124 hedge funds and large institutions have $1.12B invested in State Street SPDR Portfolio Corporate Bond ETF in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 33 reducing their positions, and 10 closing their positions.
190% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 10
67% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 33
22% more capital invested
Capital invested by funds: $921M → $1.12B (+$201M)
16% more funds holding
Funds holding: 107 → 124 (+17)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
39.51% less ownership
Funds ownership: 133.7% → 94.19% (-40%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$70.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$34.1M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$16.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$15.1M |
| 5 |
Morgan Stanley
New York
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$22.7M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$21.3M |
| 3 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
-$11.9M |
| 4 |
B
Bridgeworth
Birmingham,
Alabama
|
-$5.27M |
| 5 |
PIA
Perennial Investment Advisors
Los Angeles,
California
|
-$2.86M |
SPBO Hedge Fund Activity: Q4 2023 in Review
124 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q4 2023, worth a combined $1.12B — up 22% from $921M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SPBO positions and 10 closed out — a net gain of 19 holders — while 55 added to existing stakes and 33 trimmed.
The largest buyer was RWA Wealth Partners, adding an estimated $70.7M. The largest seller was Citadel Advisors, exiting entirely with an estimated $22.7M sold.
- 124 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q4 2023, up from 107 in Q3 2023.
- Funds reported $1.12B of State Street SPDR Portfolio Corporate Bond ETF stock for Q4 2023, up 22% quarter-over-quarter.
- 29 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q4 2023 and 10 closed out, a net change of +19 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q4 2023 was RWA Wealth Partners, an estimated $70.7M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q4 2023 was Citadel Advisors, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2023.