State Street SPDR Bloomberg Convertible Securities ETF
325 hedge funds and large institutions have $2.14B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2017 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 121 increasing their positions, 86 reducing their positions, and 21 closing their positions.
286% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 21
41% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 86
21% more funds holding
Funds holding: 268 → 325 (+57)
21% more funds holding in top 10
Funds holding in top 10: 24 → 29 (+5)
1.84% less ownership
Funds ownership: 54.85% → 53.01% (-1.8%)
6% less capital invested
Capital invested by funds: $2.27B → $2.14B (-$129M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $845K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$26.3M |
| 2 |
Jane Street
New York
|
+$19.4M |
| 3 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
+$15.7M |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$10.9M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$9.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$189M |
| 2 |
QI
QS Investors
New York
|
-$132M |
| 3 |
CCA
Conservest Capital Advisors
Wynnewood,
Pennsylvania
|
-$36.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$22.3M |
| 5 |
GIM
Goelzer Investment Management
Carmel,
Indiana
|
-$11.5M |
CWB Hedge Fund Activity: Q4 2017 in Review
325 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2017, worth a combined $2.14B — down 5.7% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new CWB positions and 21 closed out — a net gain of 60 holders — while 121 added to existing stakes and 86 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $26.3M. The largest seller was Nan Shan Life Insurance, cutting an estimated $189M.
- 325 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2017, up from 268 in Q3 2017.
- Funds reported $2.14B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2017, down 5.7% quarter-over-quarter.
- 81 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2017 and 21 closed out, a net change of +60 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2017 was Envestnet Asset Management, an estimated $26.3M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2017 was Nan Shan Life Insurance, an estimated $189M sold.
Based on aggregated 13F filings for Q4 2017.