State Street SPDR Bloomberg Convertible Securities ETF

CWB

Market cap $5.78B

CWB Hedge Fund Activity: Q2 2015 in Review

192 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2015, worth a combined $1.63B — up 10% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new CWB positions and 20 closed out — a net gain of 9 holders — while 73 added to existing stakes and 61 trimmed.

The largest buyer was Nan Shan Life Insurance, adding an estimated $168M. The largest seller was Pictet North America Advisors, exiting entirely with an estimated $55.1M sold.

• 192 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2015, up from 185 in Q1 2015.
• Funds reported $1.63B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2015, up 10% quarter-over-quarter.
• 29 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2015 and 20 closed out, a net change of +9 holders.
• The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2015 was Nan Shan Life Insurance, an estimated $168M added.
• The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2015 was Pictet North America Advisors, an estimated $55.1M sold.

Based on aggregated 13F filings for Q2 2015.