State Street SPDR Bloomberg Convertible Securities ETF

CWB

Market cap $5.78B

CWB Hedge Fund Activity: Q4 2016 in Review

233 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2016, worth a combined $1.86B — up 12% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new CWB positions and 19 closed out — a net gain of 36 holders — while 97 added to existing stakes and 62 trimmed.

The largest buyer was Wells Fargo, adding an estimated $41.4M. The largest seller was IndexIQ Advisors, cutting an estimated $42.1M.

• 233 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2016, up from 199 in Q3 2016.
• Funds reported $1.86B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2016, up 12% quarter-over-quarter.
• 55 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2016 and 19 closed out, a net change of +36 holders.
• The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2016 was Wells Fargo, an estimated $41.4M added.
• The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2016 was IndexIQ Advisors, an estimated $42.1M sold.

Based on aggregated 13F filings for Q4 2016.