State Street SPDR Portfolio High Yield Bond ETF
SPHY
559 hedge funds and large institutions have $7.48B invested in State Street SPDR Portfolio High Yield Bond ETF in 2026 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 310 increasing their positions, 121 reducing their positions, and 36 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 121
114% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 36
35% more call options, than puts
Call options by funds: $413K | Put options by funds: $307K
15% more capital invested
Capital invested by funds: $6.53B → $7.48B (+$952M)
5% more funds holding
Funds holding: 530 → 559 (+29)
2.82% more ownership
Funds ownership: 63.22% → 66.04% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 35 → 35 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMPI
Elo Mutual Pension Insurance
Espoo,
Finland
|
+$196M |
| 2 |
NIM
NEOS Investment Management
Westport,
Connecticut
|
+$70.2M |
| 3 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
+$49.6M |
| 4 |
TC
Toews Corporation
Northfield,
New Jersey
|
+$45.3M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$44.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
4WM
49 Wealth Management
Austin,
Texas
|
-$46.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$35.6M |
| 3 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
-$26.9M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$18.9M |
| 5 |
Neuberger Berman Group
New York
|
-$18.1M |
SPHY Hedge Fund Activity: Q2 2026 in Review
559 of the 8,345 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio High Yield Bond ETF (SPHY) for Q2 2026, worth a combined $7.48B — up 15% from $6.53B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SPHY positions and 36 closed out — a net gain of 41 holders — while 310 added to existing stakes and 121 trimmed.
The largest buyer was Elo Mutual Pension Insurance, adding an estimated $196M. The largest seller was 49 Wealth Management, cutting an estimated $46.3M.
- 559 institutional investors held State Street SPDR Portfolio High Yield Bond ETF (SPHY) as of Q2 2026, up from 530 in Q1 2026.
- Funds reported $7.48B of State Street SPDR Portfolio High Yield Bond ETF stock for Q2 2026, up 15% quarter-over-quarter.
- 77 funds opened new State Street SPDR Portfolio High Yield Bond ETF positions in Q2 2026 and 36 closed out, a net change of +41 holders.
- The largest State Street SPDR Portfolio High Yield Bond ETF buyer in Q2 2026 was Elo Mutual Pension Insurance, an estimated $196M added.
- The largest State Street SPDR Portfolio High Yield Bond ETF seller in Q2 2026 was 49 Wealth Management, an estimated $46.3M sold.
Based on aggregated 13F filings for Q2 2026.