State Street SPDR Portfolio High Yield Bond ETF
SPHY
177 hedge funds and large institutions have $562M invested in State Street SPDR Portfolio High Yield Bond ETF in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 70 increasing their positions, 49 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
43% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 49
6% more funds holding
Funds holding: 167 → 177 (+10)
3.58% less ownership
Funds ownership: 54.52% → 50.93% (-3.6%)
14% less capital invested
Capital invested by funds: $650M → $562M (-$88.7M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPWG
Syntegra Private Wealth Group
Chesterfield,
Missouri
|
+$16M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.42M |
| 3 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
+$7.54M |
| 4 |
Morgan Stanley
New York
|
+$4.95M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$51.5M |
| 2 |
Jane Street
New York
|
-$18M |
| 3 |
KW
KWB Wealth
Redlands,
California
|
-$15.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15.6M |
| 5 |
HP
Hilltop Partners
Mishawaka,
Indiana
|
-$10.8M |
SPHY Hedge Fund Activity: Q2 2023 in Review
177 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q2 2023, worth a combined $562M — down 14% from $650M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SPHY positions and 19 closed out — a net gain of 13 holders — while 70 added to existing stakes and 49 trimmed.
The largest buyer was Syntegra Private Wealth Group, opening a new position worth an estimated $16M. The largest seller was Ameriprise, cutting an estimated $51.5M.
- 177 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q2 2023, up from 167 in Q1 2023.
- Funds reported $562M of State Street SPDR Portfolio High Yield Bond ETF stock for Q2 2023, down 14% quarter-over-quarter.
- 32 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q2 2023 and 19 closed out, a net change of +13 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q2 2023 was Syntegra Private Wealth Group, an estimated $16M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q2 2023 was Ameriprise, an estimated $51.5M sold.
Based on aggregated 13F filings for Q2 2023.