State Street SPDR Portfolio Corporate Bond ETF
SPBO
155 hedge funds and large institutions have $1.18B invested in State Street SPDR Portfolio Corporate Bond ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 62 reducing their positions, and 20 closing their positions.
3.23% less ownership
Funds ownership: 77.91% → 74.68% (-3.2%)
4% less funds holding
Funds holding: 162 → 155 (-7)
11% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 62
13% less capital invested
Capital invested by funds: $1.37B → $1.18B (-$181M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$42.9M |
| 2 |
Morgan Stanley
New York
|
+$15.3M |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$14M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.24M |
| 5 |
VA
Valmark Advisers
Akron,
Ohio
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$178M |
| 2 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$27.4M |
| 3 |
NL
NEPC LLC
Boston,
Massachusetts
|
-$16.9M |
| 4 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$14.2M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.63M |
SPBO Hedge Fund Activity: Q2 2025 in Review
155 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q2 2025, worth a combined $1.18B — down 13% from $1.37B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SPBO and 15 opened new positions — a net loss of 5 holders — while 62 trimmed existing stakes and 55 added.
The largest buyer was Exchange Traded Concepts, opening a new position worth an estimated $42.9M. The largest seller was RWA Wealth Partners, cutting an estimated $178M.
- 155 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q2 2025, down from 162 in Q1 2025.
- Funds reported $1.18B of State Street SPDR Portfolio Corporate Bond ETF stock for Q2 2025, down 13% quarter-over-quarter.
- 15 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q2 2025 and 20 closed out, a net change of -5 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q2 2025 was Exchange Traded Concepts, an estimated $42.9M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q2 2025 was RWA Wealth Partners, an estimated $178M sold.
Based on aggregated 13F filings for Q2 2025.