State Street SPDR Bloomberg Convertible Securities ETF
163 hedge funds and large institutions have $1.69B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 83 increasing their positions, 42 reducing their positions, and 10 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 42
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
3% more funds holding
Funds holding: 158 → 163 (+5)
0% more capital invested
Capital invested by funds: $1.68B → $1.69B (+$5.21M)
1.41% less ownership
Funds ownership: 57.56% → 56.15% (-1.4%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
90% less call options, than puts
Call options by funds: $655K | Put options by funds: $6.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$15.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.6M |
| 4 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$11.5M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$9.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$49.2M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$14.8M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$7.95M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.11M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7M |
CWB Hedge Fund Activity: Q3 2014 in Review
163 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2014, worth a combined $1.69B — up 0.31% from $1.68B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CWB positions and 10 closed out — a net gain of 6 holders — while 83 added to existing stakes and 42 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.1M. The largest seller was Aegon USA Investment Management, exiting entirely with an estimated $49.2M sold.
- 163 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2014, up from 158 in Q2 2014.
- Funds reported $1.69B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2014, up 0.31% quarter-over-quarter.
- 16 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2014 and 10 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2014 was Morgan Stanley, an estimated $19.1M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2014 was Aegon USA Investment Management, an estimated $49.2M sold.
Based on aggregated 13F filings for Q3 2014.