State Street SPDR Bloomberg Convertible Securities ETF
185 hedge funds and large institutions have $1.44B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2015 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 64 increasing their positions, 60 reducing their positions, and 30 closing their positions.
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
1.1% more ownership
Funds ownership: 55.57% → 56.67% (+1.1%)
7% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 60
1% more funds holding
Funds holding: 184 → 185 (+1)
5% less capital invested
Capital invested by funds: $1.52B → $1.44B (-$77.7M)
58% less call options, than puts
Call options by funds: $338K | Put options by funds: $796K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$76.9M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$29.7M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$15.1M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$13.9M |
| 5 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$89.5M |
| 2 |
Morgan Stanley
New York
|
-$17.5M |
| 3 |
QI
QS Investors
New York
|
-$16.7M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$13.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$13.2M |
CWB Hedge Fund Activity: Q4 2015 in Review
185 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q4 2015, worth a combined $1.44B — down 5.1% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CWB positions and 30 closed out — a net gain of 3 holders — while 64 added to existing stakes and 60 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $76.9M. The largest seller was ING Group, exiting entirely with an estimated $89.5M sold.
- 185 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q4 2015, up from 184 in Q3 2015.
- Funds reported $1.44B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q4 2015, down 5.1% quarter-over-quarter.
- 33 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q4 2015 and 30 closed out, a net change of +3 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q4 2015 was Fidelity Investments, an estimated $76.9M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q4 2015 was ING Group, an estimated $89.5M sold.
Based on aggregated 13F filings for Q4 2015.