State Street SPDR Bloomberg Convertible Securities ETF
183 hedge funds and large institutions have $1.2B invested in State Street SPDR Bloomberg Convertible Securities ETF in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 75 increasing their positions, 63 reducing their positions, and 20 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 63
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
6% more call options, than puts
Call options by funds: $780K | Put options by funds: $739K
0% more funds holding
Funds holding: 183 → 183 (0)
3% less capital invested
Capital invested by funds: $1.24B → $1.2B (-$35.8M)
2.64% less ownership
Funds ownership: 56% → 53.36% (-2.6%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Goelzer Investment Management
Carmel,
Indiana
|
+$8.94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.79M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.69M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IndexIQ Advisors
New York
|
-$38.6M |
| 2 |
Morgan Stanley
New York
|
-$14.3M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$10.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$8.96M |
| 5 |
AIG
American International Group
New York
|
-$8.51M |
CWB Hedge Fund Activity: Q2 2016 in Review
183 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Bloomberg Convertible Securities ETF (CWB) for Q2 2016, worth a combined $1.2B — down 2.9% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CWB positions and 20 closed out — a net gain of 2 holders — while 75 added to existing stakes and 63 trimmed.
The largest buyer was Goelzer Investment Management, adding an estimated $8.94M. The largest seller was IndexIQ Advisors, cutting an estimated $38.6M.
- 183 institutional investors held State Street SPDR Bloomberg Convertible Securities ETF (CWB) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $1.2B of State Street SPDR Bloomberg Convertible Securities ETF stock for Q2 2016, down 2.9% quarter-over-quarter.
- 22 funds opened new State Street SPDR Bloomberg Convertible Securities ETF positions in Q2 2016 and 20 closed out, a net change of +2 holders.
- The largest State Street SPDR Bloomberg Convertible Securities ETF buyer in Q2 2016 was Goelzer Investment Management, an estimated $8.94M added.
- The largest State Street SPDR Bloomberg Convertible Securities ETF seller in Q2 2016 was IndexIQ Advisors, an estimated $38.6M sold.
Based on aggregated 13F filings for Q2 2016.