State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
28 hedge funds and large institutions have $68.5M invested in State Street SPDR Portfolio Mortgage Backed Bond ETF in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
80% more capital invested
Capital invested by funds: $38.1M → $68.5M (+$30.3M)
33% more funds holding
Funds holding: 21 → 28 (+7)
10.7% more ownership
Funds ownership: 20.34% → 31.04% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IndexIQ Advisors
New York
|
+$21.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.58M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.54M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.8M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$996K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.78M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$315K |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$36.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $6K | +$5.5K | +203 | New |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $4K | – | – | – |
|
|
28
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$315K | -11,598 | Closed |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| – | -$5K | -190 | Closed |
|
SPMB Hedge Fund Activity: Q2 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) for Q2 2016, worth a combined $68.5M — up 80% from $38.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPMB positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was IndexIQ Advisors, opening a new position worth an estimated $21.3M. The largest seller was LPL Financial, cutting an estimated $1.78M.
- 28 institutional investors held State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) as of Q2 2016, up from 21 in Q1 2016.
- Funds reported $68.5M of State Street SPDR Portfolio Mortgage Backed Bond ETF stock for Q2 2016, up 80% quarter-over-quarter.
- 9 funds opened new State Street SPDR Portfolio Mortgage Backed Bond ETF positions in Q2 2016 and 2 closed out, a net change of +7 holders.
- The largest State Street SPDR Portfolio Mortgage Backed Bond ETF buyer in Q2 2016 was IndexIQ Advisors, an estimated $21.3M added.
- The largest State Street SPDR Portfolio Mortgage Backed Bond ETF seller in Q2 2016 was LPL Financial, an estimated $1.78M sold.
Based on aggregated 13F filings for Q2 2016.