State Street SPDR Portfolio High Yield Bond ETF
SPHY
21 hedge funds and large institutions have $35M invested in State Street SPDR Portfolio High Yield Bond ETF in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 5 closing their positions.
4% less capital invested
Capital invested by funds: $36.3M → $35M (-$1.38M)
9% less funds holding
Funds holding: 23 → 21 (-2)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$1.63M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.57M |
| 3 |
Jane Street
New York
|
+$1.12M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$675K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Strategic Capital Alternatives
Gig Harbor,
United States
|
-$1.9M |
| 2 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$1.7M |
| 3 |
Morgan Stanley
New York
|
-$1.36M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.19M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$838K |
SPHY Hedge Fund Activity: Q1 2015 in Review
21 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q1 2015, worth a combined $35M — down 3.8% from $36.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPHY and 3 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Scotia Capital, adding an estimated $1.63M. The largest seller was Strategic Capital Alternatives, exiting entirely with an estimated $1.9M sold.
- 21 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q1 2015, down from 23 in Q4 2014.
- Funds reported $35M of State Street SPDR Portfolio High Yield Bond ETF stock for Q1 2015, down 3.8% quarter-over-quarter.
- 3 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q1 2015 and 5 closed out, a net change of -2 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q1 2015 was Scotia Capital, an estimated $1.63M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q1 2015 was Strategic Capital Alternatives, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2015.