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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
MFS
76
MSI Financial Services
Massachusetts
$1.04M +$149K +3,236 +17%
WB
77
WesBanco Bank
West Virginia
$1.03M +$36.9K +800 +4%
CWM
78
Concert Wealth Management
California
$1.03M +$33.4K +724 +3%
NEPWA
79
New England Private Wealth Advisors
Massachusetts
$1.01M +$1,000K +21,681 New
TYCC
80
Texas Yale Capital Corp
Florida
$1M +$57.6K +1,250 +6%
Cambridge Investment Research Advisors
81
Cambridge Investment Research Advisors
Iowa
$967K +$198K +4,285 +26%
PFS
82
Prospera Financial Services
Texas
$933K +$118K +2,552 +15%
GF
83
Gerstein Fisher
New York
$842K +$830K +18,000 New
HighTower Advisors
84
HighTower Advisors
Illinois
$835K +$225K +4,887 +38%
BRWA
85
B. Riley Wealth Advisors
Florida
$811K +$86.1K +1,867 +12%
GCA
86
Greenwood Capital Associates
South Carolina
$770K +$144K +3,128 +23%
GIM
87
Goelzer Investment Management
Indiana
$752K +$15.1K +327 +2%
NPC
88
National Planning Corporation
California
$751K +$274K +5,941 +59%
AC
89
Alexandria Capital
Virginia
$730K -$18.9K -410 -3%
ANBT
90
American National Bank & Trust
Texas
$719K -$175K -3,788 -20%
ICAS
91
Investors Capital Advisory Services
Massachusetts
$695K +$441K +9,565 +180%
SB
92
Suntrust Banks
Georgia
$612K +$130K +2,825 +27%
B
93
Baird
Wisconsin
$577K +$106K +2,309 +23%
PPA
94
Parametric Portfolio Associates
Washington
$536K +$53.3K +1,155 +11%
US Bancorp
95
US Bancorp
Minnesota
$518K +$69.2K +1,500 +16%
NES
96
New England Securities
New York
$511K +$78.8K +1,709 +19%
CPA
97
Court Place Advisors
Maryland
$498K +$492K +10,664 New
FF
98
Friedenthal Financial
New Jersey
$475K +$469K +10,172 New
AssetMark Inc
99
AssetMark Inc
California
$464K +$144K +3,121 +46%
Fidelity Investments
100
Fidelity Investments
Massachusetts
$451K +$445K +9,643 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.