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State Street SPDR Bloomberg Convertible Securities ETF

185 hedge funds and large institutions have $1.48B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2015 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 71 increasing their positions, 55 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

63% more funds holding in top 10

Funds holding in top 10: 813 (+5)

29% more repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 55

7% more funds holding

Funds holding: 173185 (+12)

8.15% less ownership

Funds ownership: 59.25%51.1% (-8.2%)

17% less capital invested

Capital invested by funds: $1.78B → $1.48B (-$305M)

82% less call options, than puts

Call options by funds: $2.32M | Put options by funds: $12.6M

Holders
185
Holders Change
+12
Holders Change %
+6.94%
% of All Funds
4.93%
Holding in Top 10
13
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+62.5%
% of All Funds
0.35%
New
32
Increased
71
Reduced
55
Closed
17
Calls
$2.32M
Puts
$12.6M
Net Calls
-$10.3M
Net Calls Change
+$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
IG
1
ING Group
Netherlands
$191M +$23.6M +500,000 +14%
Morgan Stanley
2
Morgan Stanley
New York
$119M -$49.4M -1,046,233 -30%
Bank of America
3
Bank of America
North Carolina
$105M +$714K +15,110 +0.7%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$104M -$187M -3,964,093 -65%
QI
5
QS Investors
New York
$103M +$5.92M +125,336 +6%
NSLI
6
Nan Shan Life Insurance
Taiwan
$69.7M +$68.9M +1,458,962 New
Wells Fargo
7
Wells Fargo
California
$60.2M -$1.04M -22,114 -2%
PNAA
8
Pictet North America Advisors
Switzerland
$55.1M -$486K -10,286 -0.9%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$51.6M +$51.1M +1,081,400 New
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$41.4M +$921K +19,489 +2%
IA
11
IndexIQ Advisors
New York
$40.1M -$6.74M -142,674 -15%
UBS Group
12
UBS Group
Switzerland
$35.5M -$4.38M -92,774 -11%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$31.4M -$5.47M -115,704 -15%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$22.3M +$5.58M +118,094 +34%
Lazard Asset Management
15
Lazard Asset Management
New York
$19M
HNB
16
Huntington National Bank
Ohio
$18.3M +$18.1M +382,489 New
LPL Financial
17
LPL Financial
California
$15M +$2.69M +56,869 +22%
GC
18
Guggenheim Capital
Illinois
$14.2M -$1.2M -25,457 -8%
JIR
19
James Investment Research
Ohio
$13.9M
BlackRock
20
BlackRock
New York
$13.7M
Ameriprise
21
Ameriprise
Minnesota
$11.9M +$3.7M +78,403 +46%
TAG
22
Tactical Allocation Group
Michigan
$11.5M -$6.31M -133,543 -36%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$10.7M -$1.27M -26,798 -11%
PA
24
Pinnacle Associates
New York
$10.7M +$200K +4,236 +2%
SG Americas Securities
25
SG Americas Securities
New York
$10.5M