State Street SPDR Portfolio High Yield Bond ETF
SPHY
321 hedge funds and large institutions have $3.12B invested in State Street SPDR Portfolio High Yield Bond ETF in 2024 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 187 increasing their positions, 60 reducing their positions, and 25 closing their positions.
212% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 60
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
27% more funds holding in top 10
Funds holding in top 10: 15 → 19 (+4)
11% more capital invested
Capital invested by funds: $2.81B → $3.12B (+$304M)
5% more funds holding
Funds holding: 307 → 321 (+14)
2.49% less ownership
Funds ownership: 69.17% → 66.68% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$52.8M |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
+$44.2M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$35.4M |
| 4 |
KAM
Kensington Asset Management
Austin,
Texas
|
+$33M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$52.3M |
| 2 |
JFG
Jefferies Financial Group
New York
|
-$20M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$17.7M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$13.6M |
| 5 |
NL
NEPC LLC
Boston,
Massachusetts
|
-$10.1M |
SPHY Hedge Fund Activity: Q2 2024 in Review
321 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q2 2024, worth a combined $3.12B — up 11% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SPHY positions and 25 closed out — a net gain of 22 holders — while 187 added to existing stakes and 60 trimmed.
The largest buyer was Toews Corporation, opening a new position worth an estimated $52.8M. The largest seller was Neuberger Berman Group, cutting an estimated $52.3M.
- 321 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q2 2024, up from 307 in Q1 2024.
- Funds reported $3.12B of State Street SPDR Portfolio High Yield Bond ETF stock for Q2 2024, up 11% quarter-over-quarter.
- 47 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q2 2024 and 25 closed out, a net change of +22 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q2 2024 was Toews Corporation, an estimated $52.8M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q2 2024 was Neuberger Berman Group, an estimated $52.3M sold.
Based on aggregated 13F filings for Q2 2024.