State Street SPDR Bloomberg Convertible Securities ETF
481 hedge funds and large institutions have $3.87B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2021 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 164 increasing their positions, 182 reducing their positions, and 54 closing their positions.
19% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 54
1% more funds holding
Funds holding: 478 → 481 (+3)
0.25% more ownership
Funds ownership: 59.73% → 59.98% (+0.25%)
4% less capital invested
Capital invested by funds: $4.01B → $3.87B (-$146M)
10% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 182
11% less funds holding in top 10
Funds holding in top 10: 38 → 34 (-4)
74% less call options, than puts
Call options by funds: $9.04M | Put options by funds: $34.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$41.7M |
| 2 |
FIG
FundX Investment Group
San Francisco,
California
|
+$40.5M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$31.3M |
| 4 |
SH
SeaTown Holdings
Singapore
|
+$29.6M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$62.9M |
| 2 |
AssetMark Inc
Concord,
California
|
-$62.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$33.3M |
| 4 |
SG Americas Securities
New York
|
-$28.4M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$19.5M |
CWB Hedge Fund Activity: Q1 2021 in Review
481 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2021, worth a combined $3.87B — down 3.6% from $4.01B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new CWB positions and 54 closed out — a net gain of 10 holders — while 164 added to existing stakes and 182 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $41.7M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $62.9M sold.
- 481 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2021, up from 478 in Q4 2020.
- Funds reported $3.87B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2021, down 3.6% quarter-over-quarter.
- 64 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2021 and 54 closed out, a net change of +10 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2021 was Horizon Investments, an estimated $41.7M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2021 was Simplicity Solutions, an estimated $62.9M sold.
Based on aggregated 13F filings for Q1 2021.