State Street SPDR Bloomberg Convertible Securities ETF
489 hedge funds and large institutions have $4.23B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2021 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 195 increasing their positions, 156 reducing their positions, and 40 closing their positions.
171% more call options, than puts
Call options by funds: $350M | Put options by funds: $129M
25% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 156
15% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 40
3% more funds holding in top 10
Funds holding in top 10: 32 → 33 (+1)
1% less funds holding
Funds holding: 492 → 489 (-3)
2% less capital invested
Capital invested by funds: $4.32B → $4.23B (-$93.9M)
5.81% less ownership
Funds ownership: 66.03% → 60.22% (-5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$67.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$48.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$33.7M |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$24.5M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$24.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$306M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$24.3M |
| 3 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$21.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$14.8M |
| 5 |
IA
IndexIQ Advisors
New York
|
-$13.3M |
CWB Hedge Fund Activity: Q3 2021 in Review
489 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2021, worth a combined $4.23B — down 2.2% from $4.32B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new CWB positions and 40 closed out — a net gain of 6 holders — while 195 added to existing stakes and 156 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $67.5M. The largest seller was Jane Street, cutting an estimated $306M.
- 489 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2021, down from 492 in Q2 2021.
- Funds reported $4.23B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2021, down 2.2% quarter-over-quarter.
- 46 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2021 and 40 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2021 was AE Wealth Management, an estimated $67.5M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2021 was Jane Street, an estimated $306M sold.
Based on aggregated 13F filings for Q3 2021.