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State Street SPDR Bloomberg Convertible Securities ETF

140 hedge funds and large institutions have $1.11B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2013 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 71 increasing their positions, 17 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

318% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 17

225% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 12

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

22% more funds holding

Funds holding: 115140 (+25)

21% more capital invested

Capital invested by funds: $913M → $1.11B (+$193M)

0.58% less ownership

Funds ownership: 55.02%54.44% (-0.58%)

9% less call options, than puts

Call options by funds: $589K | Put options by funds: $645K

Holders
140
Holders Change
+25
Holders Change %
+21.74%
% of All Funds
4.06%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.35%
New
39
Increased
71
Reduced
17
Closed
12
Calls
$589K
Puts
$645K
Net Calls
-$56K
Net Calls Change
-$56K
Name Holding Trade Value Shares
Change
Change in
Stake
MA
51
MUFG Americas
New York
$2.84M +$258K +5,599 +10%
Wellington Management Group
52
Wellington Management Group
Massachusetts
$2.65M
BJ
53
Brouwer & Janachowski
California
$2.39M +$2.35M +51,079 New
CCMG
54
Clark Capital Management Group
Pennsylvania
$2.08M +$2.05M +44,395 New
Citigroup
55
Citigroup
New York
$2.07M +$480K +10,409 +31%
WTC
56
WhitTier Trust Company
Nevada
$2.04M +$231K +5,000 +13%
State Street
57
State Street
Massachusetts
$2.03M +$416K +9,019 +26%
FANJ
58
Financial Architects (New Jersey)
New Jersey
$2M +$680K +14,746 +53%
WA
59
Winfield Associates
Ohio
$1.9M +$1.87M +40,553 New
DFIM
60
Detwiler Fenton Investment Management
Massachusetts
$1.8M -$136K -2,960 -7%
Janney Montgomery Scott
61
Janney Montgomery Scott
Pennsylvania
$1.63M +$219K +4,760 +16%
AIG
62
American International Group
New York
$1.59M +$216K +4,683 +16%
Commonwealth Equity Services
63
Commonwealth Equity Services
Massachusetts
$1.54M +$659K +14,290 +77%
UBS AM
64
UBS AM
Illinois
$1.51M +$1.14M +24,646 +320%
Goldman Sachs
65
Goldman Sachs
New York
$1.42M +$107K +2,319 +8%
CCT
66
Capital City Trust
Florida
$1.42M -$256K -5,550 -15%
Barclays
67
Barclays
United Kingdom
$1.35M +$32.5K +704 +2%
LS
68
Lattice Strategies
Pennsylvania
$1.25M +$111K +2,405 +10%
JG
69
Jefferies Group
New York
$1.24M +$1.22M +26,549 New
Ameriprise
70
Ameriprise
Minnesota
$1.22M +$380K +8,236 +46%
PAG
71
Private Advisor Group
New Jersey
$1.22M +$1.2M +26,003 New
FWM
72
Focused Wealth Management
New York
$1.21M +$153K +3,312 +15%
HCM
73
HM Capital Management
Missouri
$1.21M -$537K -11,650 -31%
MAA
74
Managed Account Advisors
New Jersey
$1.17M +$1.07M +23,159 +1,180%
VC
75
Vicus Capital
Pennsylvania
$1.09M +$1.08M +23,317 New

CWB Hedge Fund Activity: Q4 2013 in Review

140 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2013, worth a combined $1.11B — up 21% from $913M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new CWB positions and 12 closed out — a net gain of 27 holders — while 71 added to existing stakes and 17 trimmed.

The largest buyer was Deutsche Bank, adding an estimated $25.4M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.02M sold.

  • 140 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2013, up from 115 in Q3 2013.
  • Funds reported $1.11B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2013, up 21% quarter-over-quarter.
  • 39 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2013 and 12 closed out, a net change of +27 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2013 was Deutsche Bank, an estimated $25.4M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2013 was Rivernorth Capital Management, an estimated $5.02M sold.

Based on aggregated 13F filings for Q4 2013.