State Street SPDR Bloomberg Convertible Securities ETF
146 hedge funds and large institutions have $1.26B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 77 increasing their positions, 32 reducing their positions, and 15 closing their positions.
141% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 32
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
26% more call options, than puts
Call options by funds: $1.61M | Put options by funds: $1.28M
14% more capital invested
Capital invested by funds: $1.11B → $1.26B (+$158M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
4% more funds holding
Funds holding: 140 → 146 (+6)
2.62% less ownership
Funds ownership: 54.42% → 51.8% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$34.5M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$19.2M |
| 3 |
QI
QS Investors
New York
|
+$18.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$13.1M |
| 5 |
FF
Friedenthal Financial
Marlton,
New Jersey
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Weatherstone Capital Management
Denver,
Colorado
|
-$20.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.94M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.26M |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$5.09M |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$4.92M |
CWB Hedge Fund Activity: Q1 2014 in Review
146 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2014, worth a combined $1.26B — up 14% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CWB positions and 15 closed out — a net gain of 6 holders — while 77 added to existing stakes and 32 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $34.5M. The largest seller was Weatherstone Capital Management, exiting entirely with an estimated $20.3M sold.
- 146 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2014, up from 140 in Q4 2013.
- Funds reported $1.26B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2014, up 14% quarter-over-quarter.
- 21 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2014 and 15 closed out, a net change of +6 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2014 was Schroder Investment Management Group, an estimated $34.5M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2014 was Weatherstone Capital Management, an estimated $20.3M sold.
Based on aggregated 13F filings for Q1 2014.