State Street SPDR Bloomberg Convertible Securities ETF
173 hedge funds and large institutions have $1.73B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 60 increasing their positions, 58 reducing their positions, and 21 closing their positions.
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
6% more funds holding
Funds holding: 163 → 173 (+10)
3.1% more ownership
Funds ownership: 56.15% → 59.25% (+3.1%)
3% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 58
3% more capital invested
Capital invested by funds: $1.69B → $1.73B (+$47.3M)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
46% less call options, than puts
Call options by funds: $28.9M | Put options by funds: $53.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$283M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$19.6M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$10.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.73M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$65.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$30.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$27.8M |
| 4 |
Morgan Stanley
New York
|
-$20.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$17.1M |
CWB Hedge Fund Activity: Q4 2014 in Review
173 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2014, worth a combined $1.73B — up 2.8% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new CWB positions and 21 closed out — a net gain of 13 holders — while 60 added to existing stakes and 58 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $283M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $65.3M sold.
- 173 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2014, up from 163 in Q3 2014.
- Funds reported $1.73B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2014, up 2.8% quarter-over-quarter.
- 34 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2014 and 21 closed out, a net change of +13 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2014 was Fidelity Investments, an estimated $283M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2014 was Schroder Investment Management Group, an estimated $65.3M sold.
Based on aggregated 13F filings for Q4 2014.