State Street SPDR Bloomberg Convertible Securities ETF
341 hedge funds and large institutions have $2.06B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 131 increasing their positions, 135 reducing their positions, and 46 closing their positions.
1% more call options, than puts
Call options by funds: $735K | Put options by funds: $729K
3% less repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 135
3.41% less ownership
Funds ownership: 55.82% → 52.41% (-3.4%)
4% less funds holding
Funds holding: 356 → 341 (-15)
7% less capital invested
Capital invested by funds: $2.23B → $2.06B (-$167M)
13% less funds holding in top 10
Funds holding in top 10: 23 → 20 (-3)
15% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$21.5M |
| 2 |
Barclays
London,
United Kingdom
|
+$14.6M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$13M |
| 4 |
IWS
Insight Wealth Strategies
San Ramon,
California
|
+$12M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$71M |
| 2 |
JP Morgan Chase
New York
|
-$46.6M |
| 3 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$40.6M |
| 4 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$34.8M |
| 5 |
FF
Friedenthal Financial
Marlton,
New Jersey
|
-$7.72M |
CWB Hedge Fund Activity: Q2 2019 in Review
341 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2019, worth a combined $2.06B — down 7.5% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CWB and 39 opened new positions — a net loss of 7 holders — while 135 trimmed existing stakes and 131 added.
The largest buyer was Nan Shan Life Insurance, adding an estimated $21.5M. The largest seller was Deutsche Bank, cutting an estimated $71M.
- 341 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2019, down from 356 in Q1 2019.
- Funds reported $2.06B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2019, down 7.5% quarter-over-quarter.
- 39 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2019 and 46 closed out, a net change of -7 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2019 was Nan Shan Life Insurance, an estimated $21.5M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2019 was Deutsche Bank, an estimated $71M sold.
Based on aggregated 13F filings for Q2 2019.