State Street SPDR Bloomberg Convertible Securities ETF
333 hedge funds and large institutions have $2.23B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2018 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 150 increasing their positions, 99 reducing their positions, and 35 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 99
34% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 35
2% more funds holding
Funds holding: 325 → 333 (+8)
4% more capital invested
Capital invested by funds: $2.14B → $2.23B (+$90.2M)
0.57% more ownership
Funds ownership: 53.01% → 53.58% (+0.57%)
7% less funds holding in top 10
Funds holding in top 10: 29 → 27 (-2)
48% less call options, than puts
Call options by funds: $542K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$66.7M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$65M |
| 3 |
QI
QS Investors
New York
|
+$26M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21.5M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$126M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$32.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$22.4M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$15.2M |
| 5 |
Goldman Sachs
New York
|
-$12.3M |
CWB Hedge Fund Activity: Q1 2018 in Review
333 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2018, worth a combined $2.23B — up 4.2% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new CWB positions and 35 closed out — a net gain of 12 holders — while 150 added to existing stakes and 99 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $66.7M. The largest seller was Fidelity Investments, cutting an estimated $126M.
- 333 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2018, up from 325 in Q4 2017.
- Funds reported $2.23B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2018, up 4.2% quarter-over-quarter.
- 47 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2018 and 35 closed out, a net change of +12 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2018 was Deutsche Bank, an estimated $66.7M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2018 was Fidelity Investments, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2018.