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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
PAS
126
Partnervest Advisory Services
California
$112K +$110K +2,393 New
FNBT
127
FineMark National Bank & Trust
Florida
$67K +$9.82K +213 +17%
PFA
128
Paradigm Financial Advisors
Missouri
$65K +$64.5K +1,399 New
Creative Planning
129
Creative Planning
Kansas
$56K
V
130
Veritable
Delaware
$51K +$50.5K +1,096 New
CFS
131
Community Financial System
New York
$40K
ASN
132
Advisory Services Network
Georgia
$34K +$33.1K +718 New
ACM
133
Aviance Capital Management
Florida
$31K -$19.7K -427 -39%
CLOS
134
Compagnie Lombard Odier SCmA
Switzerland
$28K +$27.7K +600 New
NC
135
NewSquare Capital
Pennsylvania
$23K +$23.1K +500 New
ST
136
Smithfield Trust
Pennsylvania
$21K +$20.5K +445 New
EWM
137
Evercore Wealth Management
New York
$11K +$10.8K +235 New
WT
138
Whittier Trust
California
$8K
DAM
139
Delta Asset Management
Tennessee
$7K +$6.92K +150 New
RIA
140
Regal Investment Advisors
Michigan
$5K -$876 -19 -16%
AA
141
Apriem Advisors
California
$5K
MAS
142
Madden Advisory Services
Florida
$5K
PTC
143
Private Trust Company
Ohio
$2K -$8.67K -188 -80%
RCM
144
Rivernorth Capital Management
Florida
-$5.02M -111,000 Closed
VAM
145
Visionary Asset Management
Texas
-$1.5M -33,681 Closed
BB
146
Bell Bank
North Dakota
-$911K -20,165 Closed
Nomura Holdings
147
Nomura Holdings
Japan
-$783K -17,258 Closed
VWM
148
Vector Wealth Management
Minnesota
-$572K -12,647 Closed
SNBOSD
149
Security National Bank of So Dak
Iowa
-$344K -7,612 Closed
FHC
150
First Heartland Consultants
Missouri
-$264K -5,825 Closed

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.