State Street SPDR Bloomberg Convertible Securities ETF
184 hedge funds and large institutions have $1.52B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 72 reducing their positions, and 32 closing their positions.
293% more call options, than puts
Call options by funds: $2.48M | Put options by funds: $631K
3.4% more ownership
Funds ownership: 52.17% → 55.57% (+3.4%)
4% less funds holding
Funds holding: 192 → 184 (-8)
6% less capital invested
Capital invested by funds: $1.63B → $1.52B (-$105M)
14% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 72
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
+$70.3M |
| 2 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$35.5M |
| 3 |
PNAA
Pictet North America Advisors
Geneva 73,
Switzerland
|
+$34.9M |
| 4 |
Jane Street
New York
|
+$13.4M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$46.4M |
| 2 |
Morgan Stanley
New York
|
-$31M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$23.8M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$19.5M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.8M |
CWB Hedge Fund Activity: Q3 2015 in Review
184 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q3 2015, worth a combined $1.52B — down 6.4% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CWB and 27 opened new positions — a net loss of 5 holders — while 72 trimmed existing stakes and 62 added.
The largest buyer was QS Investors, adding an estimated $70.3M. The largest seller was ING Group, cutting an estimated $46.4M.
- 184 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q3 2015, down from 192 in Q2 2015.
- Funds reported $1.52B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q3 2015, down 6.4% quarter-over-quarter.
- 27 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q3 2015 and 32 closed out, a net change of -5 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q3 2015 was QS Investors, an estimated $70.3M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q3 2015 was ING Group, an estimated $46.4M sold.
Based on aggregated 13F filings for Q3 2015.