State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
97 hedge funds and large institutions have $2.7B invested in State Street SPDR Portfolio Short Term Corporate Bond ETF in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 21 reducing their positions, and 11 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 21
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
4% more funds holding
Funds holding: 93 → 97 (+4)
5% more capital invested
Capital invested by funds: $2.57B → $2.7B (+$126M)
25.11% less ownership
Funds ownership: 109% → 83.89% (-25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$52.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$50.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$25.5M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$20.1M |
| 5 |
3AM
3D Asset Management
Hartford,
Connecticut
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFM
Equinox Fund Management
Denver,
Colorado
|
-$25.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$24.5M |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$21.8M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$13.8M |
| 5 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$8.72M |
SPSB Hedge Fund Activity: Q3 2013 in Review
97 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) for Q3 2013, worth a combined $2.7B — up 4.9% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SPSB positions and 11 closed out — a net gain of 7 holders — while 45 added to existing stakes and 21 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $52.7M. The largest seller was Equinox Fund Management, exiting entirely with an estimated $25.4M sold.
- 97 institutional investors held State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) as of Q3 2013, up from 93 in Q2 2013.
- Funds reported $2.7B of State Street SPDR Portfolio Short Term Corporate Bond ETF stock for Q3 2013, up 4.9% quarter-over-quarter.
- 18 funds opened new State Street SPDR Portfolio Short Term Corporate Bond ETF positions in Q3 2013 and 11 closed out, a net change of +7 holders.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF buyer in Q3 2013 was Manulife (Manufacturers Life Insurance), an estimated $52.7M added.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF seller in Q3 2013 was Equinox Fund Management, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2013.