State Street SPDR Portfolio High Yield Bond ETF
SPHY
18 hedge funds and large institutions have $22.4M invested in State Street SPDR Portfolio High Yield Bond ETF in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
10% less funds holding
Funds holding: 20 → 18 (-2)
11% less capital invested
Capital invested by funds: $25.1M → $22.4M (-$2.79M)
11.7% less ownership
Funds ownership: 80.17% → 68.47% (-12%)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Colony Group
Boston,
Massachusetts
|
+$853K |
| 2 |
Morgan Stanley
New York
|
+$370K |
| 3 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$316K |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$226K |
| 5 |
State Street
Boston,
Massachusetts
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$2.13M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$1.35M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.27M |
| 4 |
Jane Street
New York
|
-$664K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$504K |
SPHY Hedge Fund Activity: Q1 2016 in Review
18 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q1 2016, worth a combined $22.4M — down 11% from $25.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPHY and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Colony Group, adding an estimated $853K. The largest seller was Scotia Capital, exiting entirely with an estimated $2.13M sold.
- 18 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q1 2016, down from 20 in Q4 2015.
- Funds reported $22.4M of State Street SPDR Portfolio High Yield Bond ETF stock for Q1 2016, down 11% quarter-over-quarter.
- 1 fund opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q1 2016 was Colony Group, an estimated $853K added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q1 2016 was Scotia Capital, an estimated $2.13M sold.
Based on aggregated 13F filings for Q1 2016.