State Street SPDR Portfolio High Yield Bond ETF
SPHY
307 hedge funds and large institutions have $2.81B invested in State Street SPDR Portfolio High Yield Bond ETF in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 131 increasing their positions, 77 reducing their positions, and 28 closing their positions.
143% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 28
70% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 77
15% more capital invested
Capital invested by funds: $2.44B → $2.81B (+$369M)
14% more funds holding
Funds holding: 270 → 307 (+37)
4.87% less ownership
Funds ownership: 74.04% → 69.17% (-4.9%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$130M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$73.3M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$60M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$46M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$40.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEI Investments
Oaks,
Pennsylvania
|
-$91.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$86.7M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$21.5M |
| 4 |
NL
NEPC LLC
Boston,
Massachusetts
|
-$17.1M |
| 5 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
-$15.8M |
SPHY Hedge Fund Activity: Q1 2024 in Review
307 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q1 2024, worth a combined $2.81B — up 15% from $2.44B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SPHY positions and 28 closed out — a net gain of 40 holders — while 131 added to existing stakes and 77 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $130M. The largest seller was SEI Investments, cutting an estimated $91.2M.
- 307 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q1 2024, up from 270 in Q4 2023.
- Funds reported $2.81B of State Street SPDR Portfolio High Yield Bond ETF stock for Q1 2024, up 15% quarter-over-quarter.
- 68 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q1 2024 and 28 closed out, a net change of +40 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q1 2024 was Neuberger Berman Group, an estimated $130M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q1 2024 was SEI Investments, an estimated $91.2M sold.
Based on aggregated 13F filings for Q1 2024.