State Street SPDR Bloomberg Convertible Securities ETF
406 hedge funds and large institutions have $2.53B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2019 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 157 increasing their positions, 92 reducing their positions, and 23 closing their positions.
335% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 23
71% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 92
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
20% more funds holding
Funds holding: 337 → 406 (+69)
18% more capital invested
Capital invested by funds: $2.14B → $2.53B (+$390M)
2.71% more ownership
Funds ownership: 52.75% → 55.45% (+2.7%)
0% less call options, than puts
Call options by funds: $5.62M | Put options by funds: $5.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$27.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$25.1M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$23.5M |
| 4 |
BAM
BTS Asset Management
Lincoln,
Massachusetts
|
+$20M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
-$30.8M |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$28.9M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$14.1M |
| 4 |
Goldman Sachs
New York
|
-$10.8M |
| 5 |
Axa
Paris,
France
|
-$9.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DP
426
Denver PWM
Denver,
Colorado
| – | -$91.8K | -1,756 | Closed |
|
|
TA
427
Thor Advisors
New York
| – | -$55K | -1,046 | Closed |
|
|
CCM
428
Cribstone Capital Management
Augusta,
Maine
| – | -$33K | -637 | Closed |
|
429
UBS AM
Chicago,
Illinois
| – | -$26K | -495 | Closed |
|
|
RFA
430
Reilly Financial Advisors
La Mesa,
California
| – | -$18K | -349 | Closed |
|
431
First Manhattan
New York
| – | -$15K | -300 | Closed |
|
|
BCWM
432
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$12.6K | -240 | Closed |
|
CWB Hedge Fund Activity: Q4 2019 in Review
406 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2019, worth a combined $2.53B — up 18% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new CWB positions and 23 closed out — a net gain of 77 holders — while 157 added to existing stakes and 92 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $27.1M. The largest seller was QS Investors, cutting an estimated $30.8M.
- 406 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2019, up from 337 in Q3 2019.
- Funds reported $2.53B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2019, up 18% quarter-over-quarter.
- 100 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2019 and 23 closed out, a net change of +77 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2019 was Truist Financial, an estimated $27.1M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2019 was QS Investors, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2019.