State Street SPDR Bloomberg Convertible Securities ETF
158 hedge funds and large institutions have $1.68B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 81 increasing their positions, 34 reducing their positions, and 14 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 34
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
52% more call options, than puts
Call options by funds: $1.2M | Put options by funds: $788K
33% more capital invested
Capital invested by funds: $1.26B → $1.68B (+$420M)
8% more funds holding
Funds holding: 146 → 158 (+12)
5.76% more ownership
Funds ownership: 51.8% → 57.56% (+5.8%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$108M |
| 2 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
+$56.6M |
| 3 |
Morgan Stanley
New York
|
+$34.8M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$18.5M |
| 5 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$20.2M |
| 2 |
HIM
Hanlon Investment Management
Egg Harbor Township,
New Jersey
|
-$14.2M |
| 3 |
FF
Friedenthal Financial
Marlton,
New Jersey
|
-$8.42M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$7.31M |
| 5 |
IF
IRON Financial
Northbrook,
Illinois
|
-$5.35M |
CWB Hedge Fund Activity: Q2 2014 in Review
158 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2014, worth a combined $1.68B — up 33% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new CWB positions and 14 closed out — a net gain of 12 holders — while 81 added to existing stakes and 34 trimmed.
The largest buyer was ING Group, adding an estimated $108M. The largest seller was Polaris Wealth Advisory Group, exiting entirely with an estimated $20.2M sold.
- 158 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2014, up from 146 in Q1 2014.
- Funds reported $1.68B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2014, up 33% quarter-over-quarter.
- 26 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2014 and 14 closed out, a net change of +12 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2014 was ING Group, an estimated $108M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2014 was Polaris Wealth Advisory Group, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2014.