Capstone Investment Advisors’s State Street SPDR Bloomberg Convertible Securities ETF CWB Stock Holding History

Capstone Investment Advisors’s Portfolio CWB Stock Details CWB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-106,801	Closed	-$9.67M	–	1693
2025 Q3	$9.67M	Sell	106,801 -24,000	-18%	-$2.06M	0.02%	328
2025 Q2	$10.8M	Buy	+130,801	New	+$10.3M	0.03%	231
2025 Q1	–	Sell	-38,601	Closed	-$3.01M	–	1458
2024 Q4	$3.01M	Sell	38,601 -44,700	-54%	-$3.52M	0.01%	710
2024 Q3	$6.38M	Buy	+83,301	New	+$6.12M	0.02%	409
2024 Q2	–	Sell	-130,101	Closed	-$9.5M	–	2160
2024 Q1	$9.5M	Buy	130,101 +23,000	+21%	+$1.65M	0.03%	288
2023 Q4	$7.73M	Buy	+107,101	New	+$7.27M	0.02%	403
2023 Q3	–	Sell	-52,800	Closed	-$3.69M	–	2134
2023 Q2	$3.69M	Buy	+52,800	New	+$3.55M	0.02%	467
2021 Q3	–	Sell	-27,200	Closed	-$2.36M	–	2014
2021 Q2	$2.36M	Buy	+27,200	New	+$2.3M	0.01%	972
2020 Q4	–	Sell	-9,331	Closed	-$643K	–	1680
2020 Q3	$643K	Sell	9,331 -8,731	-48%	-$579K	﹤0.01%	1122
2020 Q2	$1.09M	Buy	+18,062	New	+$990K	0.01%	895

Other funds holding CWB

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

HCM

Howard Capital Management Roswell, Georgia $6.11B AUM 33.56% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Cetera Investment Advisers Schaumburg, Illinois $94B AUM 20.14% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

Northwestern Mutual Wealth Management Milwaukee, Wisconsin $162B AUM 16.35% 1-Year Est. Return

AssetMark Inc Concord, California $49B AUM 17.78% 1-Year Est. Return

Capstone Investment Advisors's CWB Position: Q4 2025 in Review

Capstone Investment Advisors sold out of State Street SPDR Bloomberg Convertible Securities ETF (CWB) in Q4 2025, closing a stake of 106,801 shares — an estimated $9.67M sold.

Capstone Investment Advisors first reported a position in CWB in Q2 2020 and held it in 10 quarters. The position peaked at $10.8M in Q2 2025. 507 funds tracked by Wall St. Rank hold CWB as of Q4 2025.

Capstone Investment Advisors reported no remaining State Street SPDR Bloomberg Convertible Securities ETF position as of Q4 2025 after selling out during the quarter.
Capstone Investment Advisors sold 106,801 State Street SPDR Bloomberg Convertible Securities ETF shares in Q4 2025, an estimated $9.67M.
Capstone Investment Advisors first reported a position in State Street SPDR Bloomberg Convertible Securities ETF in Q2 2020 and held it in 10 quarters.
Capstone Investment Advisors's State Street SPDR Bloomberg Convertible Securities ETF position peaked at $10.8M in Q2 2025.
507 funds tracked by Wall St. Rank held State Street SPDR Bloomberg Convertible Securities ETF as of Q4 2025.

Based on Capstone Investment Advisors's 13F filing for Q4 2025, filed 17 Feb 2026.