State Street SPDR Bloomberg Convertible Securities ETF
233 hedge funds and large institutions have $1.86B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 97 increasing their positions, 62 reducing their positions, and 19 closing their positions.
189% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 19
60% more funds holding in top 10
Funds holding in top 10: 15 → 24 (+9)
56% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 62
17% more funds holding
Funds holding: 199 → 233 (+34)
12% more capital invested
Capital invested by funds: $1.66B → $1.86B (+$204M)
0.52% more ownership
Funds ownership: 59.08% → 59.6% (+0.52%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.9M
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$41.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.7M |
| 3 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
+$26.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.4M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$19.4M |
Top Sellers
| 1 |
IA
IndexIQ Advisors
New York
|
-$42.1M |
| 2 |
BCM
Bluefin Capital Management
New York
|
-$16.2M |
| 3 |
Jane Street
New York
|
-$10.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.77M |
| 5 |
SG Americas Securities
New York
|
-$3.79M |
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.