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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
MIS
101
Morningstar Investment Services
Illinois
$446K +$86.8K +1,882 +25%
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
$434K +$428K +9,280 New
JP Morgan Chase
103
JP Morgan Chase
New York
$426K +$144K +3,125 +52%
AG
104
Appleton Group
Wisconsin
$349K +$43.7K +948 +15%
CFB
105
Cullen/Frost Bankers
Texas
$334K +$77.2K +1,675 +31%
JWM
106
Jacobus Wealth Management
Wisconsin
$324K
EAMA
107
EFG Asset Management (Americas)
Florida
$309K +$305K +6,622 New
KFS
108
KMS Financial Services
Washington
$286K +$1.11K +24 +0.4%
PFG
109
Piershale Financial Group
Illinois
$270K +$267K +5,781 New
EC
110
Estate Counselors
Wisconsin
$266K +$14.1K +305 +6%
RJT
111
Raymond James Trust
Florida
$261K +$257K +5,577 New
VKH
112
Virtu KCG Holdings
New York
$256K +$253K +5,488 New
DADC
113
D.A. Davidson & Co
Montana
$250K +$69.2K +1,500 +39%
LW
114
Linscomb Wealth
Texas
$247K +$243K +5,281 New
BUB
115
BBVA USA Bancshares
Texas
$237K +$234K +5,065 New
BPC
116
Banque Pictet & Cie
Switzerland
$234K +$231K +5,000 New
SAM
117
SignalPoint Asset Management
Missouri
$231K +$228K +4,940 New
Bessemer Group
118
Bessemer Group
New Jersey
$227K
DC
119
Davenport & Co
Virginia
$224K
MSL
120
Mackay Shields LLC
New York
$222K +$219K +4,760 New
WEC
121
Winslow Evans & Crocker
Massachusetts
$171K +$169K +3,663 New
BFEC
122
Benjamin F. Edwards & Company
Missouri
$166K +$143K +3,097 +675%
Invesco
123
Invesco
Georgia
$149K +$147K +3,184 New
DWA
124
Dorsey Wright & Associates
California
$139K +$137K +2,961 New
SSB
125
Sandy Spring Bank
Maryland
$114K

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.