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State Street SPDR Bloomberg Convertible Securities ETF

173 hedge funds and large institutions have $1.78B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 21

6% more funds holding

Funds holding: 163173 (+10)

6% more capital invested

Capital invested by funds: $1.69B → $1.78B (+$94.5M)

3.1% more ownership

Funds ownership: 56.15%59.25% (+3.1%)

3% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 58

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

46% less call options, than puts

Call options by funds: $28.9M | Put options by funds: $53.5M

Holders
173
Holders Change
+10
Holders Change %
+6.13%
% of All Funds
4.61%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.21%
New
34
Increased
60
Reduced
58
Closed
21
Calls
$28.9M
Puts
$53.5M
Net Calls
-$24.6M
Net Calls Change
-$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BFEC
151
Benjamin F. Edwards & Company
Missouri
$139K -$126K -2,578 -46%
LNB
152
Ledyard National Bank
$103K +$108K +2,200 New
BRWM
153
B. Riley Wealth Management
Tennessee
$99K +$21.6K +442 +26%
SEI Investments
154
SEI Investments
Pennsylvania
$95K +$100K +2,050 New
HCM
155
Horrell Capital Management
Arkansas
$94K
KA
156
Klingman & Associates
New York
$85K +$88.9K +1,816 New
FNBT
157
FineMark National Bank & Trust
Florida
$79K -$7.34K -150 -8%
Allianz Asset Management
158
Allianz Asset Management
Germany
$70K -$734K -15,000 -91%
SSB
159
Sandy Spring Bank
Maryland
$60K
CB
160
Community Bank
New York
$40K +$42.1K +860 New
CLOS
161
Compagnie Lombard Odier SCmA
Switzerland
$28K
HF
162
Hoxton Financial
West Virginia
$28K
ASN
163
Advisory Services Network
Georgia
$27K +$28.1K +575 New
CHC
164
City Holding Co
West Virginia
$25K +$25.7K +525 New
SFWA
165
Summit Financial Wealth Advisors
Louisiana
$21K +$22.2K +454 New
CPIG
166
Chicago Partners Investment Group
Illinois
$19K +$19.9K +406 New
RFA
167
Reilly Financial Advisors
California
$14K +$14.7K +300 New
PWM
168
ParenteBeard Wealth Management
Pennsylvania
$13.3K -$225K -4,591 -88%
TFA
169
Transamerica Financial Advisors
Florida
$12K +$2.94K +60 +31%
BWFA
170
Baltimore-Washington Financial Advisors
Maryland
$5K -$587 -12 -11%
AA
171
Apriem Advisors
California
$5K
HR
172
Howe & Rusling
New York
$4K +$4.41K +90 New
NC
173
NewSquare Capital
Pennsylvania
$3K -$2.48M -50,661 -100%
AllianceBernstein
174
AllianceBernstein
Tennessee
$3K
BRWA
175
B. Riley Wealth Advisors
Florida
$204 +$213K +4,348 New

CWB Hedge Fund Activity: Q4 2014 in Review

173 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2014, worth a combined $1.78B — up 5.6% from $1.69B a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new CWB positions and 21 closed out — a net gain of 13 holders — while 60 added to existing stakes and 58 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $283M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $65.3M sold.

  • 173 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2014, up from 163 in Q3 2014.
  • Funds reported $1.78B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2014, up 5.6% quarter-over-quarter.
  • 34 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2014 and 21 closed out, a net change of +13 holders.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2014 was Fidelity Investments, an estimated $283M added.
  • The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2014 was Schroder Investment Management Group, an estimated $65.3M sold.

Based on aggregated 13F filings for Q4 2014.