State Street SPDR Bloomberg Convertible Securities ETF
356 hedge funds and large institutions have $2.23B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2019 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 126 increasing their positions, 129 reducing their positions, and 31 closing their positions.
81% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 31
7% more funds holding
Funds holding: 332 → 356 (+24)
4% more capital invested
Capital invested by funds: $2.14B → $2.23B (+$91.9M)
0.54% more ownership
Funds ownership: 55.28% → 55.82% (+0.54%)
0% more funds holding in top 10
Funds holding in top 10: 23 → 23 (0)
2% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 129
20% less call options, than puts
Call options by funds: $658K | Put options by funds: $825K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$27.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$18.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.7M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$12.5M |
| 5 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$74.4M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$31M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$27.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$25.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$18.2M |
CWB Hedge Fund Activity: Q1 2019 in Review
356 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2019, worth a combined $2.23B — up 4.3% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new CWB positions and 31 closed out — a net gain of 25 holders — while 126 added to existing stakes and 129 trimmed.
The largest buyer was Q3 Asset Management, opening a new position worth an estimated $27.1M. The largest seller was AssetMark Inc, cutting an estimated $74.4M.
- 356 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2019, up from 332 in Q4 2018.
- Funds reported $2.23B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2019, up 4.3% quarter-over-quarter.
- 56 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2019 and 31 closed out, a net change of +25 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2019 was Q3 Asset Management, an estimated $27.1M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2019 was AssetMark Inc, an estimated $74.4M sold.
Based on aggregated 13F filings for Q1 2019.