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State Street SPDR Bloomberg Convertible Securities ETF

173 hedge funds and large institutions have $1.78B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 21

6% more funds holding

Funds holding: 163173 (+10)

6% more capital invested

Capital invested by funds: $1.69B → $1.78B (+$94.5M)

3.1% more ownership

Funds ownership: 56.15%59.25% (+3.1%)

3% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 58

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

46% less call options, than puts

Call options by funds: $28.9M | Put options by funds: $53.5M

Holders
173
Holders Change
+10
Holders Change %
+6.13%
% of All Funds
4.61%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.21%
New
34
Increased
60
Reduced
58
Closed
21
Calls
$28.9M
Puts
$53.5M
Net Calls
-$24.6M
Net Calls Change
-$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
PA
26
Pinnacle Associates
New York
$10.3M +$350K +7,158 +3%
FAAM
27
First Allied Asset Management
California
$9.77M +$3.02M +61,765 +42%
CS
28
Credit Suisse
Switzerland
$9.19M +$3.34M +68,294 +53%
Ameriprise
29
Ameriprise
Minnesota
$7.97M +$5.73M +116,981 +221%
RJA
30
Raymond James & Associates
Florida
$7.48M -$1.42K -29 -0%
WCM
31
Windsor Capital Management
Arizona
$6.62M +$247K +5,054 +4%
RJFSA
32
Raymond James Financial Services Advisors
Florida
$6.58M +$4.04M +82,599 +143%
State Street
33
State Street
Massachusetts
$5.98M +$530K +10,825 +9%
AA
34
Advisory Alpha
Michigan
$5.96M -$552K -11,282 -8%
LTFS
35
Ladenburg Thalmann Financial Services
Florida
$5.85M +$294K +5,997 +5%
Axa
36
Axa
France
$5.79M +$245K +5,000 +4%
BOS
37
Bank of Stockton
California
$5.35M -$5.9M -120,438 -51%
Commonwealth Equity Services
38
Commonwealth Equity Services
Massachusetts
$5.34M +$905K +18,493 +19%
NAM
39
NTV Asset Management
West Virginia
$5.19M -$122K -2,500 -2%
CIBC World Market
40
CIBC World Market
Ontario, Canada
$5.15M +$176K +3,597 +3%
Wellington Management Group
41
Wellington Management Group
Massachusetts
$5.11M +$150K +3,074 +3%
SCMF
42
Sage Capital Management (Florida)
Florida
$4.96M
FAAS
43
First Allied Advisory Services
California
$4.93M -$1.43M -29,291 -22%
IAA
44
Ironsides Asset Advisors
North Carolina
$4.6M -$27.9K -569 -0.6%
Mirae Asset Global Investments
45
Mirae Asset Global Investments
South Korea
$4.32M -$426K -8,700 -9%
SIM
46
Strategic Income Management
Washington
$4.09M +$4.27M +87,255 New
Stifel Financial
47
Stifel Financial
Missouri
$3.94M -$1.44M -29,394 -26%
FANJ
48
Financial Architects (New Jersey)
New Jersey
$3.6M +$673K +13,745 +22%
SAG
49
Sterne Agee Group
Alabama
$3.59M -$240K -4,909 -6%
WTC
50
WhitTier Trust Company
Nevada
$3.36M +$1.57M +32,025 +81%

CWB Hedge Fund Activity: Q4 2014 in Review

173 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2014, worth a combined $1.78B — up 5.6% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new CWB positions and 21 closed out — a net gain of 13 holders — while 60 added to existing stakes and 58 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $283M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $65.3M sold.

  • 173 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2014, up from 163 in Q3 2014.
  • Funds reported $1.78B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2014, up 5.6% quarter-over-quarter.
  • 34 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2014 and 21 closed out, a net change of +13 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2014 was Fidelity Investments, an estimated $283M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2014 was Schroder Investment Management Group, an estimated $65.3M sold.

Based on aggregated 13F filings for Q4 2014.