State Street SPDR Portfolio High Yield Bond ETF
SPHY
27 hedge funds and large institutions have $25.5M invested in State Street SPDR Portfolio High Yield Bond ETF in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 5 closing their positions.
13% less funds holding
Funds holding: 31 → 27 (-4)
14.71% less ownership
Funds ownership: 52.46% → 37.75% (-15%)
30% less capital invested
Capital invested by funds: $36.3M → $25.5M (-$10.7M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
80% less first-time investments, than exits
New positions opened: 1 | 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 |
Jane Street
New York
|
+$4.3M |
| 2 |
KWA
KCS Wealth Advisory
Los Angeles,
California
|
+$1.06M |
| 3 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$385K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$71.5K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$65.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$8.03M |
| 2 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$4.12M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.72M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.38M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$250K |
SPHY Hedge Fund Activity: Q1 2019 in Review
27 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q1 2019, worth a combined $25.5M — down 30% from $36.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPHY and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 8 added.
The largest buyer was Jane Street, adding an estimated $4.3M. The largest seller was Focused Wealth Management, cutting an estimated $8.03M.
- 27 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q1 2019, down from 31 in Q4 2018.
- Funds reported $25.5M of State Street SPDR Portfolio High Yield Bond ETF stock for Q1 2019, down 30% quarter-over-quarter.
- 1 fund opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q1 2019 and 5 closed out, a net change of -4 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q1 2019 was Jane Street, an estimated $4.3M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q1 2019 was Focused Wealth Management, an estimated $8.03M sold.
Based on aggregated 13F filings for Q1 2019.