State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
137 hedge funds and large institutions have $2.95B invested in State Street SPDR Portfolio Short Term Corporate Bond ETF in 2015 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 65 increasing their positions, 39 reducing their positions, and 16 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 39
8% more capital invested
Capital invested by funds: $2.72B → $2.95B (+$225M)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
2% less funds holding
Funds holding: 140 → 137 (-3)
8.5% less ownership
Funds ownership: 85.1% → 76.6% (-8.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$136M |
| 2 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
+$17.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$12.8M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$11.1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$286M |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$32.2M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$9.91M |
| 4 |
FAAM
First Allied Asset Management
San Diego,
California
|
-$8.54M |
| 5 |
CI
CAZ Investments
Houston,
Texas
|
-$7.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$221K | -7,234 | Closed |
|
|
WTB
152
Washington Trust Bank
Spokane,
Washington
| – | -$92K | -3,002 | Closed |
|
153
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -373 | Closed |
|
|
WA
154
WFG Advisors
Dallas,
Texas
| – | -$6K | -204 | Closed |
|
SPSB Hedge Fund Activity: Q1 2015 in Review
137 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) for Q1 2015, worth a combined $2.95B — up 8.2% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SPSB and 15 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 65 added.
The largest buyer was RiverFront Investment Group, adding an estimated $136M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $286M.
- 137 institutional investors held State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) as of Q1 2015, down from 140 in Q4 2014.
- Funds reported $2.95B of State Street SPDR Portfolio Short Term Corporate Bond ETF stock for Q1 2015, up 8.2% quarter-over-quarter.
- 15 funds opened new State Street SPDR Portfolio Short Term Corporate Bond ETF positions in Q1 2015 and 16 closed out, a net change of -1 holder.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF buyer in Q1 2015 was RiverFront Investment Group, an estimated $136M added.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF seller in Q1 2015 was Manulife (Manufacturers Life Insurance), an estimated $286M sold.
Based on aggregated 13F filings for Q1 2015.