State Street SPDR Portfolio High Yield Bond ETF
SPHY
437 hedge funds and large institutions have $4.36B invested in State Street SPDR Portfolio High Yield Bond ETF in 2024 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 216 increasing their positions, 87 reducing their positions, and 35 closing their positions.
211% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 35
148% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 87
36% more funds holding in top 10
Funds holding in top 10: 22 → 30 (+8)
24% more capital invested
Capital invested by funds: $3.52B → $4.36B (+$835M)
17% more funds holding
Funds holding: 373 → 437 (+64)
1.32% less ownership
Funds ownership: 66.24% → 64.93% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMPI
Ilmarinen Mutual Pension Insurance
Helsinki,
Finland
|
+$667M |
| 2 |
Goldman Sachs
New York
|
+$69.7M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$35.2M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$21.9M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$98.5M |
| 2 |
AHSSHC
Adventist Health System Sunbelt Healthcare Corp
Altamonte Springs,
Florida
|
-$98.2M |
| 3 |
TC
Toews Corporation
Northfield,
New Jersey
|
-$54.1M |
| 4 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
-$17.6M |
| 5 |
SA
SAM Advisors
Oakhurst,
California
|
-$14M |
SPHY Hedge Fund Activity: Q4 2024 in Review
437 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q4 2024, worth a combined $4.36B — up 24% from $3.52B a quarter earlier.
Buyers outnumbered sellers: 109 funds opened new SPHY positions and 35 closed out — a net gain of 74 holders — while 216 added to existing stakes and 87 trimmed.
The largest buyer was Ilmarinen Mutual Pension Insurance, opening a new position worth an estimated $667M. The largest seller was Neuberger Berman Group, cutting an estimated $98.5M.
- 437 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q4 2024, up from 373 in Q3 2024.
- Funds reported $4.36B of State Street SPDR Portfolio High Yield Bond ETF stock for Q4 2024, up 24% quarter-over-quarter.
- 109 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q4 2024 and 35 closed out, a net change of +74 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q4 2024 was Ilmarinen Mutual Pension Insurance, an estimated $667M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q4 2024 was Neuberger Berman Group, an estimated $98.5M sold.
Based on aggregated 13F filings for Q4 2024.