State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
62 hedge funds and large institutions have $267M invested in State Street SPDR Portfolio Long Term Corporate Bond ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 12 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
4.86% less ownership
Funds ownership: 46.94% → 42.08% (-4.9%)
6% less funds holding
Funds holding: 66 → 62 (-4)
10% less capital invested
Capital invested by funds: $296M → $267M (-$29.7M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$13.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.59M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$2.62M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.86M |
| 5 |
Goldman Sachs
New York
|
+$619K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$20.5M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$11.4M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$7.13M |
| 4 |
Jane Street
New York
|
-$6.97M |
| 5 |
CFG
Cooper Financial Group
Irvine,
California
|
-$5.28M |
SPLB Hedge Fund Activity: Q3 2019 in Review
62 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Long Term Corporate Bond ETF (SPLB) for Q3 2019, worth a combined $267M — down 10% from $296M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SPLB and 8 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 21 added.
The largest buyer was Principal Financial Group, opening a new position worth an estimated $13.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $20.5M sold.
- 62 institutional investors held State Street SPDR Portfolio Long Term Corporate Bond ETF (SPLB) as of Q3 2019, down from 66 in Q2 2019.
- Funds reported $267M of State Street SPDR Portfolio Long Term Corporate Bond ETF stock for Q3 2019, down 10% quarter-over-quarter.
- 8 funds opened new State Street SPDR Portfolio Long Term Corporate Bond ETF positions in Q3 2019 and 12 closed out, a net change of -4 holders.
- The largest State Street SPDR Portfolio Long Term Corporate Bond ETF buyer in Q3 2019 was Principal Financial Group, an estimated $13.1M added.
- The largest State Street SPDR Portfolio Long Term Corporate Bond ETF seller in Q3 2019 was Citadel Advisors, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2019.