State Street SPDR Bloomberg Convertible Securities ETF
463 hedge funds and large institutions have $2.55B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2025 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 136 increasing their positions, 177 reducing their positions, and 83 closing their positions.
2.37% less ownership
Funds ownership: 68.7% → 66.33% (-2.4%)
10% less funds holding
Funds holding: 517 → 463 (-54)
15% less capital invested
Capital invested by funds: $2.98B → $2.55B (-$433M)
23% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 177
32% less funds holding in top 10
Funds holding in top 10: 22 → 15 (-7)
51% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 83
100% less call options, than puts
Call options by funds: $230K | Put options by funds: $66.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$27M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$12M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.6M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$125M |
| 2 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$67.8M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$18.2M |
| 4 |
PFM
Potomac Fund Management
Miami,
Florida
|
-$15.5M |
| 5 |
SIA
Strategic Investment Advisors
Farmington Hills,
Michigan
|
-$14M |
CWB Hedge Fund Activity: Q1 2025 in Review
463 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2025, worth a combined $2.55B — down 15% from $2.98B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of CWB and 41 opened new positions — a net loss of 42 holders — while 177 trimmed existing stakes and 136 added.
The largest buyer was Ameriprise, adding an estimated $27M. The largest seller was AssetMark Inc, cutting an estimated $125M.
- 463 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2025, down from 517 in Q4 2024.
- Funds reported $2.55B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2025, down 15% quarter-over-quarter.
- 41 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2025 and 83 closed out, a net change of -42 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2025 was Ameriprise, an estimated $27M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2025 was AssetMark Inc, an estimated $125M sold.
Based on aggregated 13F filings for Q1 2025.