State Street SPDR Bloomberg Convertible Securities ETF
183 hedge funds and large institutions have $1.24B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2016 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 74 reducing their positions, and 20 closing their positions.
20% more call options, than puts
Call options by funds: $462K | Put options by funds: $384K
0.67% less ownership
Funds ownership: 56.67% → 56% (-0.67%)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
1% less funds holding
Funds holding: 185 → 183 (-2)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
14% less capital invested
Capital invested by funds: $1.44B → $1.24B (-$203M)
18% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
+$15.7M |
| 2 |
IA
IndexIQ Advisors
New York
|
+$13.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$10.3M |
| 4 |
FWM
FFT Wealth Management
Philadelphia,
Pennsylvania
|
+$7.22M |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$6.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.4M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$30.3M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$26.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$12M |
| 5 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$10.7M |
CWB Hedge Fund Activity: Q1 2016 in Review
183 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q1 2016, worth a combined $1.24B — down 14% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of CWB and 19 opened new positions — a net loss of 1 holder — while 74 trimmed existing stakes and 61 added.
The largest buyer was QS Investors, adding an estimated $15.7M. The largest seller was Fidelity Investments, cutting an estimated $84.4M.
- 183 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q1 2016, down from 185 in Q4 2015.
- Funds reported $1.24B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q1 2016, down 14% quarter-over-quarter.
- 19 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q1 2016 and 20 closed out, a net change of -1 holder.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q1 2016 was QS Investors, an estimated $15.7M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q1 2016 was Fidelity Investments, an estimated $84.4M sold.
Based on aggregated 13F filings for Q1 2016.