State Street SPDR Portfolio High Yield Bond ETF
SPHY
270 hedge funds and large institutions have $2.44B invested in State Street SPDR Portfolio High Yield Bond ETF in 2023 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 103 increasing their positions, 59 reducing their positions, and 25 closing their positions.
268% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 25
75% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 59
70% more capital invested
Capital invested by funds: $1.44B → $2.44B (+$1.01B)
60% more funds holding in top 10
Funds holding in top 10: 10 → 16 (+6)
31% more funds holding
Funds holding: 206 → 270 (+64)
2.33% more ownership
Funds ownership: 71.71% → 74.04% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
+$409M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$182M |
| 3 |
Neuberger Berman Group
New York
|
+$104M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$103M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$51.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$161M |
| 2 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$64.9M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$47.3M |
| 4 |
DIP
DT Investment Partners
Chadds Ford,
Pennsylvania
|
-$23.2M |
| 5 |
SA
SAM Advisors
Oakhurst,
California
|
-$12M |
SPHY Hedge Fund Activity: Q4 2023 in Review
270 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q4 2023, worth a combined $2.44B — up 70% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new SPHY positions and 25 closed out — a net gain of 67 holders — while 103 added to existing stakes and 59 trimmed.
The largest buyer was SEI Investments, opening a new position worth an estimated $409M. The largest seller was Jane Street, cutting an estimated $161M.
- 270 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q4 2023, up from 206 in Q3 2023.
- Funds reported $2.44B of State Street SPDR Portfolio High Yield Bond ETF stock for Q4 2023, up 70% quarter-over-quarter.
- 92 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q4 2023 and 25 closed out, a net change of +67 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q4 2023 was SEI Investments, an estimated $409M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q4 2023 was Jane Street, an estimated $161M sold.
Based on aggregated 13F filings for Q4 2023.