State Street SPDR Portfolio High Yield Bond ETF
SPHY
68 hedge funds and large institutions have $105M invested in State Street SPDR Portfolio High Yield Bond ETF in 2021 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
79% more capital invested
Capital invested by funds: $58.8M → $105M (+$46.3M)
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
33% more funds holding
Funds holding: 51 → 68 (+17)
4.16% more ownership
Funds ownership: 32.15% → 36.31% (+4.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$11.7M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.6M |
| 3 |
Morgan Stanley
New York
|
+$6.08M |
| 4 |
CI
Conning Inc
Hartford,
Connecticut
|
+$4.99M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$8.21M |
| 2 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
-$2.34M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$340K |
| 4 |
State Street
Boston,
Massachusetts
|
-$207K |
| 5 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
-$200K |
SPHY Hedge Fund Activity: Q1 2021 in Review
68 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q1 2021, worth a combined $105M — up 79% from $58.8M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new SPHY positions and 5 closed out — a net gain of 17 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $11.7M. The largest seller was Redhawk Wealth Advisors, exiting entirely with an estimated $8.21M sold.
- 68 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $105M of State Street SPDR Portfolio High Yield Bond ETF stock for Q1 2021, up 79% quarter-over-quarter.
- 22 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q1 2021 and 5 closed out, a net change of +17 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q1 2021 was LPL Financial, an estimated $11.7M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q1 2021 was Redhawk Wealth Advisors, an estimated $8.21M sold.
Based on aggregated 13F filings for Q1 2021.