State Street SPDR Portfolio Corporate Bond ETF
SPBO
127 hedge funds and large institutions have $1.07B invested in State Street SPDR Portfolio Corporate Bond ETF in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 56 increasing their positions, 33 reducing their positions, and 22 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 33
36% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 22
6% more capital invested
Capital invested by funds: $1.01B → $1.07B (+$61.8M)
2% more funds holding
Funds holding: 124 → 127 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.55% less ownership
Funds ownership: 83.88% → 79.33% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$30.4M |
| 2 |
PA
Procyon Advisors
Shelton,
Connecticut
|
+$25M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$7.7M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$7.47M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$14M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$10.2M |
| 3 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
-$8.63M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$5.48M |
| 5 |
Jane Street
New York
|
-$3.75M |
SPBO Hedge Fund Activity: Q1 2024 in Review
127 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q1 2024, worth a combined $1.07B — up 6.1% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SPBO positions and 22 closed out — a net gain of 8 holders — while 56 added to existing stakes and 33 trimmed.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $30.4M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $14M.
- 127 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q1 2024, up from 124 in Q4 2023.
- Funds reported $1.07B of State Street SPDR Portfolio Corporate Bond ETF stock for Q1 2024, up 6.1% quarter-over-quarter.
- 30 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q1 2024 and 22 closed out, a net change of +8 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q1 2024 was AssetMark Inc, an estimated $30.4M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q1 2024 was Thrivent Financial for Lutherans, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2024.