State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
140 hedge funds and large institutions have $3.21B invested in State Street SPDR Portfolio Short Term Corporate Bond ETF in 2014 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 57 increasing their positions, 39 reducing their positions, and 11 closing their positions.
136% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 11
46% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 39
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
11% more capital invested
Capital invested by funds: $2.89B → $3.21B (+$318M)
9% more funds holding
Funds holding: 128 → 140 (+12)
7.16% more ownership
Funds ownership: 77.93% → 85.1% (+7.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$314M |
| 2 |
VA
Valmark Advisers
Akron,
Ohio
|
+$44.1M |
| 3 |
ST
Spinnaker Trust
Portland,
Maine
|
+$21.3M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$10.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$77.9M |
| 2 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$14.1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$13.6M |
| 4 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$12.8M |
| 5 |
SCM
Saba Capital Management
New York
|
-$4.02M |
SPSB Hedge Fund Activity: Q4 2014 in Review
140 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) for Q4 2014, worth a combined $3.21B — up 11% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SPSB positions and 11 closed out — a net gain of 15 holders — while 57 added to existing stakes and 39 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $314M. The largest seller was Windhaven Investment Management, cutting an estimated $77.9M.
- 140 institutional investors held State Street SPDR Portfolio Short Term Corporate Bond ETF (SPSB) as of Q4 2014, up from 128 in Q3 2014.
- Funds reported $3.21B of State Street SPDR Portfolio Short Term Corporate Bond ETF stock for Q4 2014, up 11% quarter-over-quarter.
- 26 funds opened new State Street SPDR Portfolio Short Term Corporate Bond ETF positions in Q4 2014 and 11 closed out, a net change of +15 holders.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF buyer in Q4 2014 was Manulife (Manufacturers Life Insurance), an estimated $314M added.
- The largest State Street SPDR Portfolio Short Term Corporate Bond ETF seller in Q4 2014 was Windhaven Investment Management, an estimated $77.9M sold.
Based on aggregated 13F filings for Q4 2014.