State Street SPDR Portfolio Corporate Bond ETF
SPBO
170 hedge funds and large institutions have $1.26B invested in State Street SPDR Portfolio Corporate Bond ETF in 2025 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 44 reducing their positions, and 22 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 44
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less funds holding
Funds holding: 171 → 170 (-1)
9.1% less ownership
Funds ownership: 78.88% → 69.78% (-9.1%)
32% less capital inflows, than outflows
Capital inflows: $153M | Capital outflows: $223M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.3M |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$18.5M |
| 3 |
Asset Management One
Tokyo,
Japan
|
+$10.4M |
| 4 |
AE Wealth Management
Topeka,
Kansas
|
+$7.01M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$6.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$59.3M |
| 2 |
NEPC LLC
Boston,
Massachusetts
|
-$40.8M |
| 3 |
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$31.3M |
| 4 |
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$29.2M |
| 5 |
Jane Street
New York
|
-$15.1M |
SPBO Hedge Fund Activity: Q4 2025 in Review
170 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Corporate Bond ETF (SPBO) for Q4 2025, worth a combined $1.26B — down 6.5% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SPBO positions and 22 closed out — a net gain of 2 holders — while 77 added to existing stakes and 44 trimmed.
The largest buyer was Ameriprise, adding an estimated $20.3M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $59.3M sold.
- 170 institutional investors held State Street SPDR Portfolio Corporate Bond ETF (SPBO) as of Q4 2025, down from 171 in Q3 2025.
- Funds reported $1.26B of State Street SPDR Portfolio Corporate Bond ETF stock for Q4 2025, down 6.5% quarter-over-quarter.
- 24 funds opened new State Street SPDR Portfolio Corporate Bond ETF positions in Q4 2025 and 22 closed out, a net change of +2 holders.
- The largest State Street SPDR Portfolio Corporate Bond ETF buyer in Q4 2025 was Ameriprise, an estimated $20.3M added.
- The largest State Street SPDR Portfolio Corporate Bond ETF seller in Q4 2025 was Bank of New York Mellon, an estimated $59.3M sold.
Based on aggregated 13F filings for Q4 2025.