State Street SPDR Portfolio High Yield Bond ETF
SPHY
20 hedge funds and large institutions have $28.3M invested in State Street SPDR Portfolio High Yield Bond ETF in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0.93% less ownership
Funds ownership: 76.81% → 75.88% (-0.93%)
9% less funds holding
Funds holding: 22 → 20 (-2)
15% less capital invested
Capital invested by funds: $33.5M → $28.3M (-$5.19M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$1.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$308K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$103K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$62.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$2.03M |
| 2 |
Jane Street
New York
|
-$1.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$716K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$499K |
SPHY Hedge Fund Activity: Q3 2015 in Review
20 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q3 2015, worth a combined $28.3M — down 15% from $33.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPHY and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $1.4M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $2.03M sold.
- 20 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q3 2015, down from 22 in Q2 2015.
- Funds reported $28.3M of State Street SPDR Portfolio High Yield Bond ETF stock for Q3 2015, down 15% quarter-over-quarter.
- 3 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q3 2015 and 5 closed out, a net change of -2 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q3 2015 was Aviance Capital Management, an estimated $1.4M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q3 2015 was Virtu KCG Holdings, an estimated $2.03M sold.
Based on aggregated 13F filings for Q3 2015.