State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
93 hedge funds and large institutions have $875M invested in State Street SPDR Portfolio Intermediate Term Corporate Bond ETF in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 15 reducing their positions, and 11 closing their positions.
187% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 15
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
60% more capital invested
Capital invested by funds: $546M → $875M (+$329M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11.02% more ownership
Funds ownership: 58.31% → 69.33% (+11%)
9% more funds holding
Funds holding: 85 → 93 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$76.3M |
| 2 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
+$47.1M |
| 3 |
Goldman Sachs
New York
|
+$31M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$23M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$5.92M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.85M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.23M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.29M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.21M |
SPIB Hedge Fund Activity: Q1 2016 in Review
93 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) for Q1 2016, worth a combined $875M — up 60% from $546M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new SPIB positions and 11 closed out — a net gain of 9 holders — while 43 added to existing stakes and 15 trimmed.
The largest buyer was State Street, adding an estimated $76.3M. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $5.92M sold.
- 93 institutional investors held State Street SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) as of Q1 2016, up from 85 in Q4 2015.
- Funds reported $875M of State Street SPDR Portfolio Intermediate Term Corporate Bond ETF stock for Q1 2016, up 60% quarter-over-quarter.
- 20 funds opened new State Street SPDR Portfolio Intermediate Term Corporate Bond ETF positions in Q1 2016 and 11 closed out, a net change of +9 holders.
- The largest State Street SPDR Portfolio Intermediate Term Corporate Bond ETF buyer in Q1 2016 was State Street, an estimated $76.3M added.
- The largest State Street SPDR Portfolio Intermediate Term Corporate Bond ETF seller in Q1 2016 was Bluefin Capital Management, an estimated $5.92M sold.
Based on aggregated 13F filings for Q1 2016.