State Street SPDR Bloomberg Convertible Securities ETF
457 hedge funds and large institutions have $2.08B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2022 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 117 increasing their positions, 206 reducing their positions, and 60 closing their positions.
2.61% less ownership
Funds ownership: 60.57% → 57.96% (-2.6%)
6% less funds holding
Funds holding: 486 → 457 (-29)
12% less funds holding in top 10
Funds holding in top 10: 25 → 22 (-3)
30% less capital invested
Capital invested by funds: $2.98B → $2.08B (-$904M)
38% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 60
43% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 206
96% less call options, than puts
Call options by funds: $1.31M | Put options by funds: $31.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$78.5M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$32.2M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$12.2M |
| 4 |
Goldman Sachs
New York
|
+$12.1M |
| 5 |
HPWA
Hall Private Wealth Advisors
Waxhaw,
North Carolina
|
+$7.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$62.5M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$61.3M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$32.3M |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$31.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$31.5M |
CWB Hedge Fund Activity: Q2 2022 in Review
457 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2022, worth a combined $2.08B — down 30% from $2.98B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of CWB and 37 opened new positions — a net loss of 23 holders — while 206 trimmed existing stakes and 117 added.
The largest buyer was New York Life Investment Management, opening a new position worth an estimated $78.5M. The largest seller was Royal Bank of Canada, cutting an estimated $62.5M.
- 457 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2022, down from 486 in Q1 2022.
- Funds reported $2.08B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2022, down 30% quarter-over-quarter.
- 37 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2022 and 60 closed out, a net change of -23 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2022 was New York Life Investment Management, an estimated $78.5M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2022 was Royal Bank of Canada, an estimated $62.5M sold.
Based on aggregated 13F filings for Q2 2022.